GRIDCo Seeks 130% Increase in Transmission Tariff to Maintain Operations

The Ghana Grid Company (GRIDCo) has submitted a request to the Public Utilities Regulatory Commission (PURC) seeking approval to more than double its transmission service tariff — from the current 5.6422 pesewas per kilowatt-hour to 12.9768 pesewas per kilowatt-hour in 2025.

This proposal represents a 130% jump compared to the rate for the first quarter of 2025.

In its application, GRIDCo maintained that the present tariff is insufficient to meet operational demands and emphasised the need for a cost-reflective rate to sustain its activities.

For the 2026–2030 tariff review period, the company projects rates to fall between 13.04 pesewas and 13.44 pesewas per kilowatt-hour, excluding statutory charges.

Samuel Kow Acquah, Acting Director of Corporate Strategy at GRIDCo, explained that the steep increase in the first year is necessary, while subsequent adjustments would be relatively small.

“We’ve looked at a lot of cost rationalization measures so that we don’t pass on some costs to the consumers. If you look at the first year, we require that much leap in our tariff to GHS12.96 per kilowatt hour… After the first year, an increment of 0.5% will be okay to sustain our operations he said.

“If we are able to do that we can give you back 0.5%. So there can’t be a reduction of 0.5 in 2027 and for the other years, 2028 through to 2030, we are doing 0.1% and 2.5% in 2030.

“So it is very critical that we have what we are asking for so that all these investments that we enumerated we can serialise their deployment within the years we have stipulated,” he added.