GRIDCO proposes 31.26% tariff adjustment

Independent transmission utility company, GRIDCo, is requesting a 31.26% tariff adjustment to enable it undertake major expansion works to improve service delivery.

This translates into 5.31p/kWh in nominal terms, a 1.2647P adjustment over the prevailing rate of 4.0453p/kWh.

“If we do get something like this, we will be able to to sustain the business,” Albert Kwesi Quainoo, Head of Public Relations, GRIDCo, told Kasapafmonline.com on Saturday.

He added “we don’t want to experience load shedding as a result of inadequate transmission capacity.”

GRIDCo is currently embarking on a Substation Reliability Enhancement Project (SREP) at a cost of €32 million and a further GH¢10 million in critical substations across the country including Accra, Winneba, Cape Coast, Takoradi and Prestea.

It is also constructing transmission lines in preparation for the berthing of the much talked about Karpowership from Turkey which is expected to improve the country’s energy generation mix.

Funding of the project, according to company officials during a PURC stakeholder engagement, was borrowed and needed to be repaid on schedule.


Source: GhanaWeb

That's totally unacceptable. Tariff increase for what. This is totally ridiculous. GRIDCo paaa....come again

I don't quite understand this. These needless increase in tariffs when we don't enjoy good services is not fair. Hmmmmm Asem ato Ghana fu)

Hmmm that's Ghana for you.... And what even pains me is that they always have some kind of reason for siphoning money from Ghanaians into their pockets, that they are increasing tariffs in order to enable them sustain the business.... As3m b3ba debi....

In every competition all sides strives to win and the one with the best strategy is always declared a winner. This does not end the game forever. Both the winner and the losers retreat , re-strategize on how to put up their best in the next tournament. This vacation period allows everyone to answer the whys and hows of their last performance and design a new strategy going forward.

The team that do not retreat and re-organise for the next tournament is bound to perform abysmally when the next game is opens.

President Professor John Evans Fiifi Atta Mills (May his soul rest perfect peace) lost an election whilst in government and everyone can attest to the peaceful nature he carried himself. He conceded defeat went to his opponent and congratulated him. He went back strategized again ,came back to compete and lost again he didn’t give up nor resulted to court action or organised demonstration nor cause people to vandalise state properties when it was very glare that he has been robbed. He however with the help of God not “antoa” but the God who made the heavens and earth reorganise himself properly to win back what he sees to be winnable.

What can we say about Francis Nana Addo Dankwa Akuffo Addo?

He was in government like Prof. when he lost in an election; he did not concede defeat neither did he willingly open up to offer congratulatory message to his opponent. He has been at war with himself and all people around him. No one knows how he strategized but he lost woefully in a bigger margin than his previous performance at his second appearance. Instead of going back to apply better strategy to appeal to the masses, what did we see him doing ?

He organised his supporters at “obra spot” to lynch and maim supporters of his opponents. He later by advice of his bad managers resorted to court action with no evidence but “PATAPA” and “PINK SHEET” alongside with his invincible forces started burning markets which he lost too. He reluctantly then conceded defeat but this time he is not going home; he will remain in the field till the next tournament. There is an “akan” proverb which says “okwasea no tow wonntsia do mprenu” meaning you don’t step on a fools testicles twice.

When discerning members of his party advise him to retreat and do proper analysis Nana Addo and his invincible forces tags them as “enemies of his progress” in broad day light his party officials were butchered in his name and has up till now has made no comment. Strangely he finds it proper to visit one of his supporters who lost his eyes in an unlawful protest and call him a patriot. What kind of human being is this?

You can only give what you have. Whoever is peaceful can offer others peace. The person who is bitter is always bitter;whenever he ceases any opportunity he will spew bitterness and cause grieve to many.
A man is known by his actions, utterances and posture. Wise up Ghanaians else your generation will suffer more than you are going through now. Begin to think and be creative. Government will only create favourable environment but it is up you to take advantage by your creations. Do not sell your conscience for bread it is sin against God and humankind. No one can better your life than you. Think of what you can do today; for tomorrow may never be yours.