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Reprieve as electricity prices drops slightly
Prepaid electricity meters at a building in Mombasa where electricity for several houses was disconnected by the Kenya Power Company following a faulty Prepaid Token Box in this photo taken on January 1, 2020.
Photo credit: Kevin Odit | Nation Media Group
What you need to know:
- Electricity consumers have been handed a little reprieve after the energy sector regulator cut power prices for February by 3.8 per cent, citing lower global crude prices that eased the cost of producing thermal power.
- Data from Kenya Power shows Epra has cut the fuel cost charge from Sh7.18 per unit in January to Sh6.59 per unit this month.
- The latest monthly adjustment of power prices has also seen Epra cut the foreign exchange rate fluctuation adjustment to Sh1.85 from Sh1.93.
Electricity consumers have been handed a little reprieve after the energy sector regulator cut power prices for February by 3.8 per cent, citing lower global crude prices that eased the cost of producing thermal power.
Data from Kenya Power shows the Energy and Petroleum Regulatory Authority (Epra) has cut the fuel cost charge from Sh7.18 per unit in January to Sh6.59 per unit this month.
