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Home Business Energy

GRIDCo wants transmission service charge tariff increased by 63.9%

3 years ago
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GRIDCo wants transmission service charge tariff increased by 63.9%

Power transmission company, Ghana Grid Company Limited (GRIDCo) is pushing for a 63.9% increment in tariff charged for its power transmission services.

Per a tariff adjustment document submitted to the Public Utilities Regulatory Commission (PURC) by GRIDCo, the power transmission company proposes that the existing transmission charge of GHS 5.43/kWh be increased to GHS 8.91/kWh for this year – 2022.

The upward adjustment in tariff, GRIDCo asserts considers operating and maintenance costs, depreciation of asset usage, return on regulatory assets base and corporate income tax.

Adding the proposed tariff is a cost-effective transmission tariff that will ensure a reliable and stable national interconnected transmission system (NITS) which will restore confidence in Ghana’s power system for sustainable economic development.

Read: VRA demands 37% tariff increment in power generation charge to electricity distribution companies

Some of the rationale/objectives underpinning GRIDCo’s tariff submission include increasing cost of maintenance and transmission financing.

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Read further details of GRIDCo’s tariff document submitted to the PURC:

GRIDCO by Fuaad Dodoo on Scribd

Source: norvanreports
Tags: ghanaGhana Grid Company Limited (GRIDCo)GRIDCo proposes 63.9% tariff increase in transmission service chargePublic Utilities Regulatory Commission (PURC)
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