Energy consumers will by 2023 choose their own power suppliers as part of reforms to make the power supply subsector more competitive.
Per 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”.
Access to electricity has increased across the country over the years.
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 existing generation capacity is expanded and more private sector investments are attracted to fund the expansion.
The sector has been undergoing some reforms for the past 20 years now to address these challenges.
When the reforms are done, the power sector would have more generators and distributors who will compete to supply both large, medium and small final consumers.
However, Industrial and Energy Consultant, Andrew Quayson says the high cost of power must be first addressed.
“To me, that is not the first priority. The first priority is to make sure that the system is efficient. How do we reduce the cost of production?”
He added that “we have hydro which is relatively cheaper. We have thermal. The generation units should be combined so they can use gas for production. We have realized that in the northern region collection is 60 percent. So we need to improve the collection rate. The other one is commercial and technical loses”.
Power distribution has been confronted with low revenue collection and illegal wiring.
A Civil/Structural Engineer & Freelance Blogger, Journalist, Social Media Mogul, Digital Marketer, Entrepreneur, and Philanthropist. CEO of Skyline Consortium & 9189 Media Consult and Co-Founder of Team Sarkodie. An alumnus of Prempeh College where he read General Science. He holds a first degree in Bachelor of Science from the Kwame Nkrumah University of Science and Technology. His mentors are Alvar Alto, Rupert Murdoch, Piers Mogan, Mensa Otabil, Bernard ElBernard Nelson-Eshun. Blogs for; http://www.233times.com | www.paemuka.com | http://www.playmusicgh.com | http://www.muzikiq.com | http://www.brandsaid.biz . Social Media Manager for Eon3 Group | BrandsAid | Kings Crown Media | Carabao Africa Ghana & Africa | Calvary Temple - ICGC | Team Sarkodie | Muzik IQ | Kwaw Kese Please inquire more via Email: [email protected] | [email protected] Instagram & Twitter: @wise_tskd Facebook: Ell Samwise LinkedIn: EllSamwise King Dogbeview all posts by: Ellsamwise King
233times.com is a Ghanaian media house which serves as a major source of exclusive interviews ,music and video downloads, news and more.
233times.com reports on major events,news covering entertainment, politics, sports, etc from within Ghana, Africa and beyond.
We have a platform for the amateur artistes to portray their staggering talents ...more...
To advertise with us or make enquiries, please visit 233times.com/advertise or call +233266121799 (Selorm), +233248185848 (Nana Kwesi)