• Latest

Uganda Energy Credit Capitalization Company Injects UGX 400 Bn for Clean Energy Project

December 2, 2024
UEDCL Promises power restoration in Bugisu sub region after days of power black out.

UEDCL Promises power restoration in Bugisu sub region after days of power black out.

October 30, 2025
UJA Protests Parliament’s Move to Bar NTV, Daily Monitor Reporters

UJA Protests Parliament’s Move to Bar NTV, Daily Monitor Reporters

October 29, 2025
VINAStech Advert
Akena defends Bobi Wine over Obote grave tribute

Akena defends Bobi Wine over Obote grave tribute

October 29, 2025
One Killed, Another Arrested in Foiled DTB Bank Robbery

Man Found Dead in Bushenyi Lodge

October 29, 2025
Museveni’s campaign in Acholi: A renewed call for peace and prosperity

Museveni’s campaign in Acholi: A renewed call for peace and prosperity

October 29, 2025
Banks that withdrew from EACOP must invest in community led energy alternatives

Banks that withdrew from EACOP must invest in community led energy alternatives

October 29, 2025
Gov’t urged to prioritize domestic health financing as donor support declines

Gov’t urged to prioritize domestic health financing as donor support declines

October 28, 2025
NTV Crew Blocked from Parliament Premises

NTV Crew Blocked from Parliament Premises

October 28, 2025

Police foil highway robbery in Mukono, arrest one suspect

October 28, 2025
KIU Accused of Exploiting Poor Students With Harsh Late Payment Fines

KIU Accused of Exploiting Poor Students With Harsh Late Payment Fines

October 28, 2025
Obey Road Rules or We Impound Your Vehicles, Traffic Police Warns

Obey Road Rules or We Impound Your Vehicles, Traffic Police Warns

October 28, 2025
Petition Filed Against Alleged Endorsement of LGBTIQ Tourism in Sri Lanka

Petition Filed Against Alleged Endorsement of LGBTIQ Tourism in Sri Lanka

October 27, 2025
  • About Us
  • Internship
  • Contact Us
Thursday, October 30, 2025
Parrots Media
No Result
View All Result
  • Login
  • News
    UJA Protests Parliament’s Move to Bar NTV, Daily Monitor Reporters

    UJA Protests Parliament’s Move to Bar NTV, Daily Monitor Reporters

    Akena defends Bobi Wine over Obote grave tribute

    Akena defends Bobi Wine over Obote grave tribute

    One Killed, Another Arrested in Foiled DTB Bank Robbery

    Man Found Dead in Bushenyi Lodge

    Museveni’s campaign in Acholi: A renewed call for peace and prosperity

    Museveni’s campaign in Acholi: A renewed call for peace and prosperity

    Banks that withdrew from EACOP must invest in community led energy alternatives

    Banks that withdrew from EACOP must invest in community led energy alternatives

    Gov’t urged to prioritize domestic health financing as donor support declines

    Gov’t urged to prioritize domestic health financing as donor support declines

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
  • News
    UJA Protests Parliament’s Move to Bar NTV, Daily Monitor Reporters

    UJA Protests Parliament’s Move to Bar NTV, Daily Monitor Reporters

    Akena defends Bobi Wine over Obote grave tribute

    Akena defends Bobi Wine over Obote grave tribute

    One Killed, Another Arrested in Foiled DTB Bank Robbery

    Man Found Dead in Bushenyi Lodge

    Museveni’s campaign in Acholi: A renewed call for peace and prosperity

    Museveni’s campaign in Acholi: A renewed call for peace and prosperity

    Banks that withdrew from EACOP must invest in community led energy alternatives

    Banks that withdrew from EACOP must invest in community led energy alternatives

    Gov’t urged to prioritize domestic health financing as donor support declines

    Gov’t urged to prioritize domestic health financing as donor support declines

    Trending Tags

  • Climate Change
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Business
  • Others
    • Education
    • Lifestyle
    • Religion
    • Opinions
No Result
View All Result
Parrots Media
No Result
View All Result
Home News

Uganda Energy Credit Capitalization Company Injects UGX 400 Bn for Clean Energy Project

Charles Katabalwa by Charles Katabalwa
December 2, 2024
in News
0

Roy Nyamutale Baguma, CEO UECCC addressing the media at Uganda Media Centre on Monday.

0
SHARES
3
VIEWS
Share on FacebookShare on X

By Leonard Kamugisha Akida and Ambrose Gahene,

KAMPALA

READ ALSO

Petition Filed Against Alleged Endorsement of LGBTIQ Tourism in Sri Lanka

Pastor Tumusiime Pledges to Rebuild Bukanga Promising New Hope

The Uganda Energy Credit Capitalization Company (UECCC) will on 5th December 2024 launch the clean energy technologies price subsidy program in Kiboga District. The revelation was made by Mr. Roy Nyamutale Baguma, the UECCC Managing Director while addressing Journalists at the Uganda Media Centre on Monday.

According to Baguma, the clean energy subsidy program, which will take a whooping UGX 400 Billion, will enable Ugandans to embrace use of clean energy and do away with the use of fuels and firewood for cooking and other domestic usage.

He said UECCC is working with 75 companies to realize the dream of clean energy usage by the population. He enumerated the subsidized clean energy equipment and appliances to include; solar lantern prices, which will be discounted by 60 percent and solar systems two lights that will be discounted by 50 percent.

He also said clean cooking solution prices powered by solar, briquettes, ethanol, biogas and liquefied petroleum will be discounted by 30 percent to 50 percent depending on the technology.

“Productive uses of energy equipment such as water pumping, irrigation, refrigeration and cooling, water heating and grain milling will have prices discounted by 60 percent”, he said.

Mr. Baguma added that the only requirement to purchase the discounted products from the selected companies will be a National Identification Card and ability to cover the discounted price.

“Households will be able to take their products home immediately. UECCC intends to undertake countrywide regional sensitization and market awareness activities to ensure maximum publicity of this initiative”, he further pointed out.

Samuel Ocanya, UECCC Clean Energy electricity Program Manager, said they are working with a number of financial institutions to ensure Ugandans access loans for clean energy equipment purchase and installation.

“These include; Centenary Bank, Housing Finance Bank, Finca Uganda and Stanbic Bank plus some microfinance Institutions”, he said. He added that; the Banks are to levy a 15 percent interest rate for loans given out to customers seeking these loans.

Related Posts

Petition Filed Against Alleged Endorsement of LGBTIQ Tourism in Sri Lanka
News

Petition Filed Against Alleged Endorsement of LGBTIQ Tourism in Sri Lanka

October 27, 2025
Pastor Tumusiime Pledges to Rebuild Bukanga Promising New Hope
News

Pastor Tumusiime Pledges to Rebuild Bukanga Promising New Hope

October 26, 2025
Women in Leadership: Shaping the Future with Courage and Vision
News

Women in Leadership: Shaping the Future with Courage and Vision

October 22, 2025
Nyanjura Runs to Bisaka for Political Blessings
News

Nyanjura Runs to Bisaka for Political Blessings

October 22, 2025
News

Why Uganda’s mineral wealth has not translated into prosperity

October 22, 2025
COMMUNITY REPORTS

All the reasons Mitooma voters are calling for Kyarampe to win the Woman MP seat

October 22, 2025
Next Post
Sad! Man killed after misunderstanding in bar

Tragedy Strikes as Student Goes Missing in River Rwizi Drowning

POPULAR NEWS

Minister Amongi, Akena Scrapped from EC Voters’ Register Oops

Minister Amongi, Akena Scrapped from EC Voters’ Register Oops

September 3, 2025
Catholic Priest Speaks Out Against Museveni and Son’s Leadership

Catholic Priest Speaks Out Against Museveni and Son’s Leadership

February 16, 2025

“Life Is Scum”: Kabale University Student Leaves Suicide Note, Takes Own Life

July 25, 2025

Former IGP Okoth Ogola Dies

February 14, 2025

CAF Warns Fans Against Obscene and Politically Charged Jerseys at Namboole

August 20, 2025

EDITOR'S PICK

More Anti-Corruption Protesters Arrested in Kampala

July 25, 2024

State Security summons Bishop for saying President is soft on Terrorism

January 9, 2022

Victim of Bushenyi acid attack dies

September 22, 2022
Gov’t to spend Ugx 56b on COVID-19 vaccine

Public servants to receive free vaccination against COVID

March 2, 2021
VINAStech advert VINAStech advert VINAStech advert
ADVERTISEMENT

About

Parrots Media

A Public Relations and Media Services Company registered and licensed to operate in Uganda and the Great Lakes Region.

Follow us

Categories

  • Business
  • BUSINESS REPORTS
  • CLIMATE ACTION REPORTS
  • Climate Change
  • COMMUNITY REPORTS
  • Education
  • Entertainment
  • FEATURES
  • Health
  • Lifestyle
  • News
  • News
  • Obituary
  • OBITUARY
  • Opinions
  • RELIGION
  • Religion
  • Science and Technology
  • Sports
  • Sports and Entertainment
  • TOURISM

Recent Updates

  • UEDCL Promises power restoration in Bugisu sub region after days of power black out.
  • UJA Protests Parliament’s Move to Bar NTV, Daily Monitor Reporters
  • Akena defends Bobi Wine over Obote grave tribute
  • Man Found Dead in Bushenyi Lodge
October 2025
M T W T F S S
 12345
6789101112
13141516171819
20212223242526
2728293031  
« Sep    
  • About Us
  • Internship
  • Contact Us

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

No Result
View All Result
  • Parrots Media
  • News
  • Business
  • Science and Technology
  • Sports and Entertainment
  • Lifestyle
  • Others
    • Climate Change
    • Education
    • Religion
    • Opinions

© 2025 Parrots Media | Website Designed and Maintained by VINAStech

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

You cannot copy content of this page