Electric Power Corporation

Board of Directors

Pepe Christian Fruean (Chair)
Ulumalautea Papalii John Ryan
Sua Hellene Wallwork
Fiu Peni Asi
Vaai Lealaiauloto Polataivao Simon Potoi
Seuamuli Taele Sapio Tooala
Matamu James Moeono

Activities

The Electric Power Corporation (EPC) is a State-owned Enterprise established under the Electric Power Corporation Act 1980 to generate, transmit, distribute and sell electricity throughout Samoa. The Corporation now provides power to 98 per cent of the population of Samoa.

EPC is also subject to the:

Tariffs are set by the Electricity Regulator in compliance with the Electricity Act 2010.

EPC is governed by a board of directors that is responsible to the Minister of Public Enterprises, currently Minister Lautafi Selafi Purcell.

Vision and Mission

EPC’s mission is “To provide and maintain quality electricity services through innovative, sustainable and environmentally sound practices in developing renewable energy sources, generation and distribution infrastructure network, in partnership with customers and stakeholders to support the development of Samoa”.

Community Service Obligations

The Government paid $3,806,935.30 for the provision of transmission lines in the rural areas, installation, repair and maintenance and consumption of streetlights.

Financial Highlights

(ST ‘000) 2013 2014 2015 5-yr Average
Revenue 102,463 119,758 131,830 110,654
Net Profit After Tax 371 -848 11,785 3,071
CSO payments 2,189 0 N/A N/A
Total Assets 382,150 414,750 430,637 348,256
Total Liabilities 198,751 207,294 211,340 158,574
Shareholders Funds 183,399 207,457 219,296 189,682
ROE % 0.2% -0.4% 5.4% 1.5%
ROA % 0.1% -0.2% 2.7% 0.8%
Asset Utilization 27% 29% 31% 32%
Cash / Current liabilities 0.501 0.194 N/A N/A

Important Documents

Website