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Ghana’s electricity firm generates $154.6 million revenue in first half of 2025

Simon Osuji by Simon Osuji
July 4, 2025
in Energy
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Ghana’s electricity firm generates $154.6 million revenue in first half of 2025
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Ghana’s Minister of Energy and Green Transition, John Abdulai Jinapor, has announced that the Electricity Company of Ghana (ECG) collected GH¢1.6 billion ($154.6 million) in revenue during the first six months of 2025.

In an address to the country’s Parliament on Wednesday, July 2, 2025, Jinapor described the figure as a clear improvement in the ECG’s performance, although it fell short of the GH¢2.5 billion revenue target set for the period.

“In June alone, ECG generated about GH¢1.6 billion, which reflects a strong year-on-year improvement in revenue collection,” Minister Jinapor said.

The increased revenue comes at a time when the country is looking to pay off the $2.5 billion electricity debt it owes to independent power producers (IPPs).

The revenue increase is most likely fueled by the 14.75% increase in electricity tariffs imposed by Ghana’s Public Utilities Regulatory Commission (PURC) earlier in May this year. 

The revenue figure will definitely increase following another 2.45% increase for all consumer categories coming into effect this July.

Details of Ghana’s new electricity tariffs 

Meanwhile, the PURC explained that the tariff adjustment is part of its Quarterly Tariff Review Mechanism.

This process takes into account key economic variables such as the cedi-to-dollar exchange rate, inflation, natural gas prices, and the electricity generation mix between hydro and thermal sources

“These adjustments are undertaken on a quarterly basis to maintain the real value of the tariffs and to keep the utility service providers financially viable to enable them deliver on their services to consumers”, the Commission said in a statement.

Lifeline customers who consume 0–30 kWh of electricity will find their tariff increased from 77.6274 GHp/kWh ($7.50) to 79.5308 GHp/kWh ($7.68). 

New tariff adjustments

Residential customers who consume more than 301 kWh of electricity will have their tariff increased from 232.3892 GHp/kWh ($22.45) to 238.0873 GHp/kWh ($23.00).

Non-residential customers who use more than 301 kWh of electricity will find their tariff increased from 197.3338 GHp/kWh ($19.06) to 202.1723 GHp/kWh ($19.53).

High Voltage Mines operating in the country will now be charged 508.0854 GHp/kWh ($49.08) from the previous 495.9255 GHp/kWh ($49.91). 

Service charges across all the customer categories will remain unchanged.



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