Energy Expert and Principal Research Analyst at the Institute for Energy Security (IES), Gilbert Richmond Rockson believes that Electricity Company of Ghana’s (ECG) debt stock which appears to be worsening by the day is due to the Company’s insufficiency by way of service delivery.
He said the debt stock of Electricity Company of Ghana (ECG) is as a result of the inability of the workers in the company to visit homes of Electricity users to conduct thorough checks on faulty Meters and also their failure to retrieve bill debts from certain individuals and organizations who owe the company.
Speaking on Agoo fm’s morning show “ene nso biem” hosted by Eugene Akoto Bamfo, he stated that it is easier for the power body to move from area to area and conduct research on every home for illegal connections and provide help to users who have challenges with their meters and also retrieve the debts from users who owe the company but the Company has failed to perform all these duties and this has led to the huge debt stock plaguing the company.
He added that the Company is just not efficient because if they have been performing their duties efficiently by going out to the field and working every time duty calls deligently, all these challenges would not have occurred.
“All these problems and challenges are consequently Electricity Company of Ghana’s (ECG) inability to deliver”, he pointed out.
However, the Energy Expert believes that in order to curb the debt crisis the Electricity Company of Ghana (ECG) is incurring recently, giving it out on concession to a private company is the best option to enable the company become more efficient and profitable.
“The concession of the Electricity Company of Ghana (ECG) is for about 20 years, and after 20 years the Electricity Company of Ghana (ECG) will be a viable company, he said.
Source: Agoo News/Ghana