The Electricity Company of Ghana will today Monday cut power supply to indebted consumers including public institutions in the ashanti region.
Officials say the mass disconnection exercise has been necessitated by the increasing rate of tariff payment default which is crippling the company.
ECG says it is currently recovering only 40 per cent of its revenue target of 7.5 million Ghana Cedis a week.
It however struggles to raise sixty percent of the revenue which eighty percent of it pays creditors.
General Manager of ECG Ashanti West, Engineer Peter Poku tells Luv News the current situation has left the company unable to meet its commitment to creditors.
“The situation means losses because we have to pay our creditors and in this situation we are unable.
“That is why we are appealing to our customers to willingly pay their bills”, he stated.
He reveals the company only managed to collect 57 percent of its target.
“We buy and sell the energy. It is the profit we use to run the company so if they are then we cannot operate”, he said.
The company has observed customers owing ECG often illegally reconnect to the grid after they are disconnected.
The scheduled disconnection will therefore be undertaken with police support as the company cracks down on illegal power consumers.
“We are going all out for the disconnection. If you don’t pay, you will be disconnected. It is a criminal offense. The police is assisting us to arrest all those who will illegally reconnect.
“We call it the ‘night monitoring’ because we will go in the night with the police after we disconnect in the day.
Listen to audio
Latest Stories
-
Reason for training professional counsellors is to heal a hurting world – CCP president
1 hour -
Woman allegedly brings dead man to bank to take out a loan
1 hour -
It’s a good feeling to score against PSG because I’m a Marseille boy – Andre Ayew
2 hours -
Joe Lartey Sr: A voice that brought life to Ghana sports and beyond
2 hours -
Bawumia promises to tackle issue most dear to Ghanaians as he begins nationwide campaign
3 hours -
Indian couple donate $24m fortune to charity to adopt monkhood
4 hours -
Australians call for tougher laws on violence against women after killings
4 hours -
African Development Council establishes mission in Benin for Francophone countries
4 hours -
Okyeame Kwame reveals his secret to longevity in music industry
4 hours -
Youthful-looking 60-year-old woman qualifies for Miss Argentina contest
5 hours -
Ejisu By-Election: Campaign heats up as NPP holds final rally ahead of Polls on Tuesday
5 hours -
Rwanda plan: Irish government wants to send asylum seekers back to UK
5 hours -
Ice cubes now cost more than bread and milk in parts of Mali
6 hours -
Titanic gold pocket watch sells for £900,000
8 hours -
Elon Musk in China to discuss enabling full self driving – reports
8 hours