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Business News of Tuesday, 14 January 2020

Source: kasapafmonline.com

ECG recoups about GH¢1.5m in revenue, over 100 defaulters arrested

The Electricity Company of Ghana (ECG) has recouped over GHC1 million after more than 100 defaulters were arrested during the festive period across the country.

The power distributor has indicated that it will intensify its unannounced night swoops to clamp down on illegal power consumers throughout the year.

The ECG taskforce stormed some hotels and night clubs to arrest customers engaged in power theft and illegal connection which is said to be costing the utility company over $238million annually.

“Electricity Company of Ghana is suffering a lot from power theft, our system losses constitute about %24.6 of our losses and %1 of these losses translates into approximately $17million,” General Manager of Revenue Protection, Michael Twum Barimah said.

He added that the unannounced visitations will be undertaken at night wherever electricity is being used and with the aid of the Taskforce ECG is bent on crushing on power theft.