EconomyFeaturedGhana

Power consumers will select their own suppliers by 2023 – Energy Commission

In tandem with some reforms underway to make the power supply Subsector more competitive,

In the Energy Sector, Energy consumers will buy 2023 choose their own power suppliers. Energy Commission has stated

With the new arrangement, smaller private entities will be given the license to distribute power regardless of the meter they use. The current system limits consumers to purchase power from only one source, including the Electricity Company of Ghana, ECG.

According to the Executive Secretary of the Energy Commission, Ofosu Ahenkorah incentives are being put in place to make the power distribution Subsector more efficient.

“If you have multiple buyers and sellers, then you create competition. We have lowered the bulk customer classification for much smaller entities to go into the bulk power market. So in five years’ time every household can choose its supplier”.

Currently, 81 percent households have electricity with 84 percent communities connected.

This means that the country can have a 100 percent accessibility to power, but not until the existing generation capacity is expanded and more private sector investments are attracted to fund the expansion.

Meanwhile, Power distribution has been confronted with a low revenue collection and illegal wiring.

In a related development, The Accra West Region of the Electricity Company of Ghana (ECG), has retrieved GH¢4, 032,855.00 from illegal power consumers.

The money was recovered from 777 customers whose illegal activities included meter by-pass, direct connections, and meter tampering and unauthorized service connections.

The total amount of money retrieved translated into 3,801.726 kilowatt-hour (kWh) of electricity.

 

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Henry Cobblah

Henry Cobblah is a Tech Developer, Entrepreneur, and a Journalist. With over 15 Years of experience in the digital media industry, he writes for over 7 media agencies and shows up for TV and Radio discussions on Technology, Sports and Startup Discussions.

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