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Due to a variety of political, economic, and technological factors, many national electricity industries around the globe are transforming from non-competitive monopolies with centralized systems to decentralized operations with competitive business units. A key challenge faced by energy restructuring specialists at the World Bank is trying to simultaneously optimize the various criteria one can use to judge the fairness and commercial viability of a particular power districting plan. This research introduces and tests a new algorithm for solving the electrical power districting problem in the context of the Republic of Ghana and using a random test problem generator. We show that our mimetic algorithm, the Simulated Annealing Genetic Algorithm, outperforms a well-known Parallel Simulated Annealing heuristic on this new and interesting problem manifested by the deregulation of electricity markets.