Universal Power Service Fund

Source: JOIN IEA/IRENA Policy and Measures Database
Last updated: 30 November 2015

The fund was created through the Electricity Law established in 2014. It aims to finance the electrification of rural communities and marginalized areas. The Fund  benefits from the surplus resulting from the optimal energy management in the electricity market. The resources allocated by the Fund will be used by Distributors and Suppliers of Basic Services serving rural communities and marginalized urban areas.  The utilization of this fund will be governed by policies and strategies from the Ministry of Energy to ensure the lowest cost for the country (ficial and socio-economic) as well as to ensure the use of clean and sustainable energy.

 

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