Forex charge on consumer power bills hits a record high
Kenyans will no longer be given a detailed breakdown of their power bills after Kenya Power stopped giving customers details of individual pass-through costs.
The energy regulator has raised the foreign exchange pass-through cost in the prices of electricity to a record high, underlining the impact of the weak shilling on the cost of living.
In its monthly review of electricity prices for December, the Energy and Petroleum Regulatory Authority (Epra) has raised the foreign exchange rate adjustment (Ferfa) to Sh3.17 per unit.
