Ghana: ECG Cuts Hubtel Commission Fees, Saves GHS13.2m Monthly

Electricity Company of Ghana (ECG) said it is saving GHS 13.2 million a month after renegotiating its contract with Hubtel, a local IT firm that reduced its commission fee from 3% to 1.65%, according to ECG’s 2025 annual financial statement.

“We also renegotiated the Hubtel contract, slashing commission fees from 3% to 1.65%, which delivered substantial monthly savings of GHS 13.2 million,” Managing Director Julius Kwame Kpekpena said.

Hubtel provides commercial, billing and digital payment infrastructure for ECG. Its system processes and secures transactions for electricity meter credits, prepaid quota purchases and postpaid utility bills, while supporting ECG’s revenue collection system.

ECG said it also saves approximately GHS 5.6 million per month after decoupling its electronic payment platforms, effectively eliminating duplicate charges.

The utility said it had also terminated 202 underperforming supply contracts, preventing further capital drain and generating savings of $227.6 million.

“These actions demonstrate the Board and Management’s resolve to enforce fiscal discipline,” ECG said.