Uganda Ranked First in Inaugural Electricity Regulatory Index
- Hits: 1519
Uganda’s Electricity Regulatory Framework has been ranked number one in the inaugural Electricity Regulatory Index (ERI) for Africa, released by the African Development Bank in June 2018.
The ERI is a composite index that aimed to measure the level of development of the Electricity Regulatory Sector of African countries based on Industry best practice. The index was composed of three sub-indexes on Regulatory Governance, Substance, and Outcome.
According to the index, Uganda and Namibia achieved the highest Electricity Regulatory Index scores because the actions and decisions of their Regulators had a positive influence on the utilities’ performance.
The index noted the critical areas of improvement as decision making in Tariff setting, technical regulation, development of appropriate licensing framework to support off-grid systems, and commercial regulations.
The Electricity Regulatory Index for Africa is a product of the Power, Energy, Climate Change and Green Growth Complex of the African Development Bank.
The other countries that participated in the survey were Tanzania, Nigeria, Ghana, Malawi, Kenya, Cameroon, South Africa, Togo, Senegal, Cote D’Ivoire, Lesotho, Zimbabwe, and Gambia.