Consumers pay their electricity bills at a Kenya Power office. Photo/FILE
What you need to know:
Kenya Power pays power producers in dollars. It sources funds from monthly payments for electricity consumption.
The company passes on additional costs incurred during electricity generation such as those caused by fluctuation in foreign exchange rates and costs of fuel to end consumers in form of monthly adjustments of the components.
A total of the difference in amount incurred for a particular month is divided by the total number of electricity units produced to get the average fuel and forex charge payable per every unit of electricity consumed.
Your electricity bill will go up by at least 16 per cent this month following a decision by Kenya Power to increase charges levied on the power.
In a legal notice published last Friday on the Kenya Gazette, Kenya Power tripled the foreign exchange levy from 76 cents to Sh2.80 and increased the fuel levy by 27 cents to Sh5.66 per unit.
