Kenya Power Announces 13.7% Drop In Electricity, Token Prices
Kenya Power has announced that Kenyan electricity consumers will enjoy a 13.7% reduction in power prices this month.
In a statement on Monday, April 15, the monopoly power firm revealed that theΒ strengthening of the Kenyan shillingΒ andΒ reduction in the cost of fuelΒ necessitated the drop in power prices.
“We are happy to note that the reduction has given reprieve to our customers and we are optimistic that the prevailing macro-economic environment and the improved hydrology in the country.”
“This enables us to dispatch less thermal power, will sustain the benefit to our customers,” said Kenya Power’s Managing Director & CEO, Dr. (Eng.) Joseph Siror.
