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Govt subsidizes prices of renewable energy products

The government, through the Uganda Energy Credit Capitalisation Company (UECCC), has subsidized prices of renewable energy products to make them affordable for consumers, but also support the country’s objective of widening the pool of cleaner technologies to the public.

This project is being implemented through a Results Based Financing/ Price Subsidy (RBF) Program under the Financial Intermediation Component of the Electricity Access Scale-up Project (EASP), which is supported by development partners.

The technologies being sold under this programme include clean cooking solutions powered by solar, ethanol, biogas, briquettes, and liquefied petroleum gas (LPG) and off-grid solar technologies. Other solutions include technologies such as water pumping, irrigation, refrigeration and cooling, water heating, and grain milling systems.

Under this initiative, which commenced on November 1, 2024 and will run up to June 30, 2027, the prices of solar lanterns will be reduced by 60 per cent, while those of solar home systems with a maximum of three lights by 50 per cent.

Roy Nyamutale Baguma, the managing director of UECCC, said they have partnered with 67 energy service companies to deliver the price subsidies to Ugandans and refugees. The only requirement to purchase the discounted products will be a national identification card and ability to cover or pay for the discounted price.