Commercial and industrial (C&I) customers in Ghana are opting for cheaper power alternatives through captive generation.
Although they represent only 14.02% of the total electricity utility customer base, they are heavy consumers and account for 59.22% of total consumption. Their high energy consumption allows them to save up to 15% on energy bills when self-generating with solar power due to high grid tariffs costing as high as GHS 3.995/kWh ($0.28). By 2023, these customers had installed a captive solar PV capacity of 61.4MW, mostly hosted in the industrial zones with reliable grid connections, demonstrating that cost savings are the primary motivation for this shift.
This market for captive solar solutions has become increasingly attractive, drawing in both local solar companies and international energy companies such as CrossBoundary, Dutch & Co., REDAVIA and Ecoligo. These companies provide solar products and offer financing options for their purchase, enabling many C&I customers to
