Electricity price drops by 6% in Kenya

There has been a reduction in the retail price of electricity by 6 per cent, subsequently cushioning 3.6 million users in Kenya.

Kenya’s Energy Regulatory Commission (ERC) announced the reduction.

According to ERC, the overall unit cost of power will reduce from Kshs 17.77/($0.18)KWh in 2017/18 to Kshs 16.64($0.17)/Kwh 2018/19 representing an overall reduction of costs by 6% over the Tariff Control period.

“The lifeline tariff which is meant to cushion the low income households, who at the moment constitute 3.6 million,” said ERC.

Additionally, commercial and industrial customers on the average will get a reduction of 4.4 percent.

“This is in addition to the 50 percent discount in the time of Use Tariffs and the proposed Special Economic Zone tariff,” said ERC in a statement.

To ensure that there’s equity and consumers pay for power only when they consume, all fixed charges for all consumer categories have been removed.

This is meant to reduce the many cost items in the customer bills and simplify understanding of the bills, said ERC.

 

(SENS/APA)

Economy Desk

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