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Power bills dip slightly on lower fuel charge
A prepaid electricity token machine provided by Kenya Power at an apartment in Nairobi.
Photo credit: File I Nation Media Group
What you need to know:
- Kenya has since March recorded significant jumps in hydro-power generation, following heavy rains. Hydro is the cheapest source of power in the national energy mix, highlighting why increased production from the dams is key to lowering power bills.
- FCC and forex are the two biggest pass-through costs, which alongside the gazetted electricity tariffs, determine power bills that consumers pay monthly.
Electricity prices have dropped marginally, driven by a fall in fuel costs and forex adjustment charges, extending relief to homes and businesses.
The Energy and Petroleum Regulatory Authority (Epra) set the Fuel Cost Charge (FCC) at Sh3.55 from Sh3.57 last month, while the forex adjustment has been lowered to Sh0.83 from Sh1.1 last month.
