GRIDCo Seeks 130% Tariff Hike to Stay Afloat
The Ghana Grid Company (GRIDCo) has applied to the Public Utilities Regulatory Commission (PURC) for a significant increase in its transmission service tariff, seeking to raise the rate from 5.6422 pesewas per kilowatt-hour to 12.9768 pesewas per kilowatt-hour in 2025. The request represents a 130 percent jump over the current Q1 2025 tariff.
GRIDCo argued in its submission that the existing rate is unsustainable and called for a cost-reflective tariff to maintain and expand its operations. For the 2026–2030 period, the company is projecting rates to stabilize between 13.04 and 13.44 pesewas per kilowatt-hour, excluding statutory levies.
Explaining the proposal, Samuel Kow Acquah, Acting Director of Corporate Strategy at GRIDCo, said the steep increase in the first year is necessary to secure the company’s financial health, after which adjustments will remain relatively modest.
“We’ve considered a number of cost rationalization measures so we don’t transfer certain costs to consumers. But for the first year, we require that leap to 12.96 pesewas per kilowatt-hour,” he noted. “Afterward, an increment of 0.5 percent will be enough to sustain operations. In fact, in 2027 there could even be a 0.5 percent reduction, with subsequent increases ranging between 0.1 percent and 2.5 percent by 2030.”
He added that securing the requested tariff adjustment is critical to financing and rolling out the investments GRIDCo has planned over the coming years.
