Market Status CLOSED Friday 26 April 2019

UMEME Full Year Results 31 December 2017

Wednesday, April 12, 2017

The electricity industry continues to grow, with additional generation capacity in the pipeline due to be commissioned later in 2018 to 2019. The industry registered a maximum demand of 597.4 MW compared to 557.4 MW in 2016, reflecting a growth of 7.2%. Electricity sales for Umeme grew by 7.5% in 2017, compared to 4.4% in 2016. We registered a 8.0% growth in sales to industrial customers compared to 5.2% in 2016, underpinned by the improved performance of Uganda’s economy and improved external market conditions in the neighbouring countries. Demand by household domestic customers grew by 6.9% compared to 2.6% in 2016, on account of improved supply reliability, reduction in energy losses and additional customer connections