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As part of these talks with the Ghana Revenue Authority (GRA), the Electricity Company of Ghana (ECG) hopes to offset approximately $600 million of its state tax obligations.
The GRA plans to write off the debt of certain “sensitive” public sector institutions that have accumulated. Samuel Dubik Mahama, the Managing Director of ECG, revealed this in an interview, stating that with the offset, ECG still owes GRA over a billion Ghana cedis in taxes.
ECG has recovered about ¢2.5 billion out of the ¢5.7 billion debt it aims to collect through a month-long revenue mobilization exercise, which began on March 20, 2023, and will end on April 20, 2023. The exercise targets domestic users, businesses, organizations, Ministries, Departments, and Agencies (MDA).
Mr. Mahama encouraged customers to pay deposits expecting delays in bill processing due to technical issues. He assured customers that discrepancies would be reconciled in the next billing cycle. He complained about using fake meters, resulting in significant revenue loss, as they complained about accurately capturing and billing the power consumed.
As the only company authorized to provide these meters, Mr. Mahama denounced counterfeit meters in the market, used by individuals not connected to the ECG network, leading to inaccurate customer numbers. He warned customers against illegal connections and stated that the company would conduct another exercise after the revenue mobilization campaign to identify culprits and take legal action against them for theft.
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Source: Omanghana.com
