According to UMEME’s assessment, the 900 billion shillings investment will allow them to ensure reliable supply to their customers. Energy Sector players have today formally presented their ongoing and planned capital expenditure for 2018 amounting to 1.2 Trillion shillings, to the sector regulator.
Electricity producers, transmitters, and producers have laid out an ambitious program aimed at ensuring wider access to energy by households but only if approved by the regulator.
Concerns for many consumers remain in the flexible tariff structure over the coming years.
Farhan Nakhooda the project director of the Madhivani group said that they are worried about what the tariff will be when Karuma and Isimba come on board.
The UEGCL is currently foreseeing the time frame for new energy projects.
Speaking during the public tribunal, the deputy CEO of the Uganda electricity generation company Valentine Katabira said that when the two power dams come on board, they will be selling electricity at 2.31 us cents per Kilowatt hour.
In the same tribunal, UMEME’s deputy CEO Sam Zimbe who was there to explain why UMEME needs to invest 900 billion in the sector, said that there is no component for distribution of electricity downstream when it comes to the new dams that are being constructed, and according to UMEME’s assessment, the 900 billion shillings investment will allow them to ensure reliable supply to their customers.