The Executive Secretary of the Chamber of Petroleum Consumers (COPEC), Duncan Amoah, has acknowledged the significant improvements in Ghana’s energy sector, scoring the government between 65 and 70% for its performance as outlined in the 2026 State of the Nation Address (SoNA).
Speaking on Channel One TV’s Big Issue programme on Saturday, February 28, Mr Amoah pointed to reforms at the Electricity Company of Ghana (ECG) as a key achievement. He noted that ECG, which previously operated about 73 different accounts, has now streamlined its financial operations to one or two accounts, improving transparency and efficiency in revenue management.
“I will score the government 65–70% largely because ECG at one time was running about 73 different accounts. As we speak, they are running one or two accounts, and so the cash waterfall mechanism can work. What they generate, they are now able to use to pay for what they generate from the IPPs. That is a positive sign,” he stated.
Despite commending the improvements in financial discipline within the power distribution company, Mr Amoah stressed that the high cost of electricity remains a major concern for consumers.
He warned that the burden on households suggests deeper issues that require urgent attention.
“If people on a normative side are spending 100% of what they spent on power, something needs fixing there, and for that I will challenge my brother John Jinapor to get to work.
“Cost of power is very high and something needs to be done,” he said.
While recognising progress made so far, Mr Amoah maintained that systemic and structural challenges in the sector must be addressed to ensure affordable and reliable power supply for Ghanaians.
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