JUST IN: Kenya Power Warns of 30% Electricity Price Hike Over Wayleave Fees
Kenya Power has raised concerns that the recent drop in electricity costs could be short-lived if a dispute with the Nairobi County Government escalates. Speaking in Nairobi on Tuesday, March 4, during a meeting with the Kenya Editors Guild, Kenya Power Managing Director Joseph Siror attributed the decline in power prices to the strengthening of the Kenyan shilling against the dollar. He explained that the stronger currency had lowered pass-through costs for consumers. Siror highlighted that the base tariff had decreased from Ksh19.04 per unit in 2023 to Ksh17.94 per unit in 2024. “This has added to the gains from
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