What are some of the achievements of the Electricity Regulatory Authority to-date?

ANS:

ERA’s 5 key achievements over the period.

• ERA established the necessary processes required of a Regulator and set up the present electricity tariff structure. This has earned ERA credibility from fellow Regulators.
  
• RA has in the last six years balanced the interests of all its stakeholders by ensuring a reasonable rate of return for sector investors and cost reflective and fair prices for all consumers.
  
• Because of the credibility of the Regulator – the sector has attracted several investors and these have commended ERA on its professionalism especially in regard to processing of licences.
  
• ERA has successfully carried out annual tariff adjustments and approvals.
  
• For six years ERA has continued ensuring the sustenance of the sector through setting cost-reflective tariffs that meet the needs of all stakeholders.
  
• Electricity operators’ businesses have been sustained, generation has increased and more consumers are now connected to the grid.
  
• Tariff approvals have followed wide consultation from all sector stakeholders to ensure transparency, fairness and accountability of the Regulator.
  
• Licensed the three UEB successor companies and regulating their operations.
• The shift from a vertically integrated monopoly to open up generation and distribution operations of electricity business has improved supply and revenue in the sector.
  
• Losses in the sector are now better managed especially since they are detected early and the responsible company can be better equipped to manage them.
  
• The unbundling of UEB has seen more investment in the sector and more growth all of which have worked out to the advantage of the electricity users.
  
• Participated in the concession process for generation and distribution operations.
  
• Licensed both the ESKOM (U) Ltd. and Umeme Ltd concessions
  
• ERA continues monitoring these concessionaires on behalf of Government to ensure they comply with the terms within the licences given to them.
  
• ERA has successfully established herself as a credible regulator following their licensing role and attracted several Associate Regulators in the region to learn from her.
  
• Established a well-staffed professional Secretariat for ERA with a modern office block.
  
• With only an Authority (Board) in place at the start; ERA now boasts of a fully fledged Secretariat with highly trained staff and streamlined structures in place.
  
• ERA has progressively matured into a credible Regulator in the region to recon with, and this has attracted several Associate Regulators to Uganda to visit and learn from her experiences.
  
• ERA has built a magnificent office block as its permanent home through own savings and saved Government billions of shillings from rented space.
  
• ERA has increasingly become the information hub on sector issues through a well furnished modern resource centre and a dynamic website.
  

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