Kenya Power said stemming system losses will be key in driving down the cost of power, and aims to cut it by three percent by the end of June which will pull the losses down to 20.5 percent.
Kenya Power incurred Sh16 billion in system losses more than what is allowed by the Energy and Petroleum Regulatory Authority (Epra) to be passed on to electricity consumers.
The monopoly bought 11,462 gigawatt-hours (GWh) of electricity from its main supplier KenGen and other Independent Power Producers (IPPs) last year, but sold 8,773GWh, with the rest (23.46 percent) being lost along the way or stolen.