Uganda Q4 power tariffs drop on easing inflation

October 11, 2016 in Business, Companies, Energy, Hydro by Editor

Kampala October 11 – Uganda’s Electricity Regulatory Authority ERA, today announced lower tariffs for the fourth of 2016 in line with inflation that dropped to 4.2pc at the end of September.

Domestic consumers will pay Ushs 623 per kilowatt hour, down from Ushs626, as the regulator factored in the effect of retreating inflation, sustained low prices for crude and local unit that was eroded slightly during the last quarter.

Commercial consumers will now pay Ushs 565 – 2.2 shillings down in the last quarter while large industrial consumers will pay Ushs 523 and street lighting Ushs 606 per kilowatt for the remainder of the year.

ERA Benon Mutambi attributes the price reductions to a positive inflation adjustment factor and a reduction in international prices for petroleum crude.

Umeme Media Manager Stephen Illungole, says the price changes were effective October 1 for
postpaid customers while prepaid customers on the Yaka platform will begin to access the new tariffs with purchases staring October 12.

The announcement firms the trend that started in Q3 when power tariffs dropped by an average 2.2pc for domestic consumers.