Domestic electricity prices for the past few years have triggered an uptrend with no signs of going down, this week, the Electricity regulatory authority (ERA) announced new reforms in the unit cost structure. In the new 3rd quarter electricity tariff, domestic and commercial users will have to pay approximately UGX 50 more for a single domestic unit that cost UGX 718.5 in January and now costs UGX 718.
According to the Electricity regulatory authority (ERA), domestic users will pay UGX 771 for a unit from 718 in the last quarter. While commercial users will pay UGX 687 from 647. Mid-scale industries will pay UGX 615 from UGX 595 as large industries further clear UGX 382 for a unit instead of UGX 374.5 as per the previous quarter.
Electricity price statistics over the years
In 2015, the base rate for electricity was UGX 531.5 per unit. However, the unstable prices have always reflected a steady uptrend with an increase in prices over time. With the latest domestic price changes, ERA crumbled out the increased fuel prices together with an increase in the dollar rate as the triggers of a change in the tariffs by virtue of an automatic tariff adjustment mechanism. In addition to the previous mobile money rate adjustments and new taxes imposed on the mobile banking service. Purchasing Yaka tokens using your phone will cost you a little more even when recovering any lost tokens is easier than before.
| YEAR | UNIT COST (UGX) |
|---|---|
| 2015 | 531.5 |
| 2016 | 667.4 |
| 2017 | 718.5 |
| 2018 | 771.1 |
Despite the trembles in Technology clear factored in by new taxes might soon contribute to beeps on your Yaka meter with the new ERA unit prices. A single unit that once cost UGX 500 will now go for Shs 718, unlike the previous years that reflect a developing curve in the price of electricity.
Therefore, as drafted by the regulator, the 2018 unit prices reflect yet another growing curve that might at one-time pip to approximately 1000/= without any trips and tricks saving you from the jangle.
