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ECG has not been sold, it operates as an asset owner and has a license as a Bulk Energy Trader - Ing. Samuel Boakye-Appiah (MD, ECG)

What accounts for the increased cost of electricity?

The recent tariff increases is because the cost of producing electricity has gone up. In 2013, Ghana’s power mix was 58% hydro and 42% thermal. Now, it is 27% hydro and 73% thermal. The energy demand of Ghana has been rising sharply over the years. The inability of our hydro plants to power the nation meant that more thermal plants had to be procured to keep Ghana going in terms of power supply.

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