Kampala. The cost of electricity is expected to remain high due to low consumption and high capital investments (in terms of loans), the Electricity Regulatory Authority chief executive officer has said.

Speaking at a media briefing to address the state of the energy sector in Kampala yesterday, Ms Ziria Tibalwa Waako, the ERA chief executive officer, said that whereas; “we appreciate the concerns of the President that we need a tariff that is affordable to boost industrialisation”, there is need to understand that the cost of capital recovery (interest on loans) continues to be high, a situation that has not been helped by low demand for power.

Published in Daily Monitor, 19th April, 2018

http://www.monitor.co.ug/Business/Electricity-tariffs-stay-high-ERA/688322-4487918-vnkea/index.html