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BusinessNEDCo in Sunyani pursues customers for outstanding debts

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NEDCo in Sunyani pursues customers for outstanding debts

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The Sunyani Area of the Northern Electricity Distribution Company (NEDCo) has launched phase five of its Revenue Mobilization Exercise to recover outstanding debts totaling approximately Gh¢300 million from customers.

Beginning on Monday, June 24, 2024, two teams of NEDCo officials were sent to Dormaa Municipality and Nkrankwanta in the Dormaa West District to initiate the exercise.

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During a media briefing in Sunyani, Mr. Eugene Odoi Addo, the Sunyani Area Manager of NEDCo, revealed that government agencies and the public collectively owe around Gh¢290 million. Including a station in the Ashanti region under their jurisdiction, the total debt amounts to approximately Gh¢300 million, which he described as excessively high.

Mr. Addo stated that phase five would also focus heavily on loss control, targeting individuals involved in power theft and unauthorized consumption, with legal action taken against offenders to curb such practices.

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He explained that the objective of this initiative is to reduce loss rates within the operational area. Statistics show that the loss rate has increased from 18-19 percent over the past two years to 26 percent currently.

Mr. Addo emphasized the urgency of addressing this issue to prevent it from escalating beyond manageable levels.

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He reiterated that the long-term benefits of the revenue mobilization exercise would encourage customers to be more diligent in paying their bills. He urged customers to prioritize timely payments upon receiving their bills to ensure the sustainability of the system.

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