Rapid slump of the Kenyan shilling against the US dollar in recent months has also had major ramifications on the cost of basic commodities.
Kenya says its government-to-government deal for importation of fuel from the Gulf on a credit period of six months has slowed down the depreciation of the shilling.
The energy regulator has cut power prices for November by 1.2 per cent on account of a lower forex charge, but consumers were spared a larger drop in prices due to a higher uptake of expensive thermal energy.
In the latest monthly review of electricity prices, the Energy and Petroleum Regulatory Authority (Epra) has reduced the foreign exchange rate fluctuation adjustment (Ferfa) by 61 per cent to Sh0.80 per unit, down from Sh2.05 last month.
