The Electricity Company of Ghana (ECG) said it is looking into different options to collect payments from overdue consumers.
On Monday, March 20, 2023, the ECG launched its nationwide exercise to disconnect homes and companies that have failed to pay debts for power supplies they owned.
Managing Director Samuel Dubik Mahama has stated that once the current exercise ends on Friday, the corporation will outsource the debt to private entities.
In an effort to recover 5.7 billion Ghana Cedis in arrears, ECG has begun cutting off power to customers who have either ignored or refused to negotiate payment of their outstanding bills.
Mr. Mahama acknowledged on the Super Morning Show on Joy FM that it will be impossible to recover all the unpaid funds within the time frame given, so other measures will need to be taken.
“There is a possibility that we might even sell the debt to private institutions to go and collect, it is something that we are considering because we’ve gotten to the point where we need all the help we can get. So if it means discounting it to other companies and then getting what we need, why not, so it is something on the table worth considering,” Mr. Mahama said.
Who Is Samuel Dubik Mahama
Mr. Mahama is a partner at the Dubik and Associates law firm and has over 12 years of experience in executive roles. He has worked in both the private and public sectors, mainly in the energy sector, and has extensive experience consulting for local energy, mining, and engineering firms. He also serves on the boards of several companies, including Wilkins Engineering Limited, De-Montag Company Limited, and Ghana Industrial Holding Company (GIHOC). Prior to his appointment as Managing Director of the Electricity Company of Ghana (ECG), he was a board member of the ECG.
