The Electricity Company of Ghana (ECG) allocated GH¢1,318,670,618.83 for May 2025 under the newly implemented Cash Waterfall Mechanism (CWM), a revenue distribution framework designed to ensure equitable and transparent payments across the power sector.
The Public Utilities Regulatory Commission (PURC) validated the disbursements, confirming adherence to the Cabinet-approved system established on May 20, 2025.
The CWM aims to prevent liquidity shortfalls by guaranteeing regular payments to power producers, fuel suppliers, transmission entities, and regulators. Level A disbursements totaled GH¢554.94 million, primarily to Independent Power Producers (IPPs) and fuel accounts. Cenpower received the largest share (GH¢105 million), while the West African Gas Pipeline Company (WAPCo) received GH¢29.94 million. Other beneficiaries included Karpower, Asogli, and the Fuel Account.
Statutory deductions accounted for GH¢95.47 million, with an additional GH¢150 million allocated for transformer costs. The remaining GH¢518.26 million (Level B) funded key players: Bui Power Authority (GH¢88.43 million), Volta River Authority (GH¢60 million), Ghana Grid Company (GH¢51.42 million), and Ghana Gas (GH¢43.76 million). ECG retained GH¢235.48 million for operations, while GH¢34.79 million covered regulatory levies.
PURC affirmed all payments complied with the CWM structure, marking progress in stabilizing Ghana’s electricity supply chain.
