We will increase tariffs soon because we need money for our operational activities – ECG

As Dumsor is looking Ghanaians in the eyes and most people are complaining bitterly about it, the Electricity Company of Ghana (ECG) says it needs more funds to support its operational activities.

The Managing Director of the company, Kwame Agyeman-Budu at a public forum on Thursday, April 8, 2021, said while he is aware that the proposal will only materialize after approval from the Public Utilities and Regulatory Commission (PURC), he believes that ECG must have access to more funds to enable it to operate efficiently.

Currently, lifeline consumers who are classified as poor and low-income earners pay GHS16 for the power consumed and extra GHS2.13 as service charge, making it a total of about GHS18.

“We need money to do it [improve]. If we get the increase we will love it [but] that will be up to the PURC because, no matter what we propose, they will ultimately decide.”

“In terms of distribution, we need support, because we have to do upgrades to make sure the system is sustainable. We don’t wait till something is broken before we fix it. We need additional funds to upgrade our systems at all times,” he added.

READ ALSO; “If we love hard work like we love women, Ghana will be a first-class country” – Hassan Ayariga states.

On whether the proposal will not lead to an extra burden on the finances of Ghanaians, Agyeman-Budu said the details will be given should PURC approve.

Meanwhile, a former ranking member of Parliament’s Mines and Energy committee, Mutawakilu Adam has kicked against the proposal, insisting that the ECG has not demonstrated efficiency in its operations to merit an increase in tariffs.

Source: Citi News

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  • Kennedy Gedzah

    Kennedy Gedzah is a graduate of Kwame Nkrumah University of Science and Technology-KNUST (2018). He is the Owner and has been the lead content creator at Dicytrends.com since 2020. His Passion for providing people with credible and well-researched information on the internet led him to build Dicytrends.com. With more than 5 years of experience in blogging and writing, he has amassed sufficient knowledge on various topics, including biographies, fashion and lifestyles, Entertainment, and more. You can contact him via email: Kgedzah@gmail.com

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Kennedy Gedzah

Kennedy Gedzah is a graduate of Kwame Nkrumah University of Science and Technology-KNUST (2018). He is the Owner and has been the lead content creator at Dicytrends.com since 2020. His Passion for providing people with credible and well-researched information on the internet led him to build Dicytrends.com. With more than 5 years of experience in blogging and writing, he has amassed sufficient knowledge on various topics, including biographies, fashion and lifestyles, Entertainment, and more. You can contact him via email: Kgedzah@gmail.com

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