[ 2016-11-23 ]

ECG loses 14% of revenue to illegal connections
The Director of the Ashanti Region’s Strategic
Unit of the ECG, Ing. Joseph Amachi, has disclosed
that illegal power connections by post-paid meter
subscribers in the region costs the company about
14 percent of its revenue annually.

He, however, declined to give details on the
monetary value of the 14 percent loss and the
total income of the company per annum.

Ing Amachi made this known when he addressed the
media after a quiz competition as part of the
safety week celebration by the staff of the ECG in
Kumasi.

Messrs Eugene Osae Asamah and Kofi Yeboah of the
regional headquarters were adjudged the best in
the finals of the quiz competition.

According to Ing Amachi, the percentage of the
commercial losses was high as compared to the
internationally acceptable standard of two per
cent.

To address the challenge, he said the company had
replaced more than 75,000 out of the 500,000
post-paid meters in the region with smart prepaid
meters that had the capacity to record any attempt
at altering the system to steal power.

Ing Amachi said in Ashanti East, the ECG had been
able to replace 60,000 post-paid meters with the
smart ones and expressed the hope that they would
be able to cover the entire region.

In a similar exercise in Kumasi West, the company
replaced 15,000 post-paid meters.

“By the middle of next year, the company will
have replaced all the post-paid meters,” he
stated.

The director said he was hopeful that there would
be speedy trial of suspects in power theft cases
when they were arrested and brought before the
courts.

Source - Business & Financial Times

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