Explainer · · 1 minute 29 seconds
Why ECG loses money: unpaid bills, power losses and high supply costs
AI presenterGhana's Electricity Company of Ghana faces a persistent financial gap between its revenue and the cost of buying power. Ama explains why, pointing to technical losses, unpaid bills across all customer tiers, and structural supply costs.
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Transcript
- 0:00You pay your light bill.
- 0:02So why does ECG keep losing money?
- 0:04In 2025, ECG reported about 22 billion cedis in revenue, but its electricity purchase costs reached nearly 35 billion.
- 0:14That gap exists before administrative expenses even enter the picture.
- 0:18So what's going wrong?
- 0:20First, some electricity never becomes a proper bill.
- 0:24Ageing equipment loses power.
- 0:26Faulty meters miss consumption.
- 0:28Illegal connections bypass payment altogether.
- 0:32Second, even when ECG issues a bill, it doesn't always collect the money.
- 0:36Homes, businesses, and government institutions all contribute to unpaid accounts.
- 0:42Third, collecting every bill would still leave another problem: the cost of supplying electricity.
- 0:48Expensive power contracts, fuel costs, and exchange rate movements put pressure on the system.
- 0:54That means electricity can feel expensive to you, while ECG still struggles to cover its costs.
- 1:00And when the government steps in to settle energy-sector debts, public money goes towards the bill.
- 1:05The fix needs more than another tariff increase: accurate meters, reliable billing, payment enforcement that applies to everyone, and clear accounting for where collected money goes.
- 1:16Paying your bill matters; making the whole system accountable matters too.
- 1:21Read the full analysis at news.anansihq.ai.
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