November electricity prices drop 5pc on cheaper fuel
A Kenya Power employee carries out repairs on Haile Selassie Road, Mombasa. The fuel cost charge is the single-biggest variable cost in consumer billing that is adjusted monthly and is collected by Kenya Power on behalf of the expensive thermal power generators.
The Energy and Petroleum Regulatory Authority (Epra) has lowered the monthly unit cost of electricity generated from thermal sources by five per cent for November due to lower fuel prices, handing some relief to consumers.
The regulator has cut the fuel cost charge (FCC) to Sh6.36 per kilowatt-hour (kWh) down from Sh7.09 per unit. The FCC is the single-biggest variable cost in consumer billing that is adjusted monthly and is collected by Kenya Power on behalf of the expensive thermal power generators.