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JUST IN: Key Reforms Proposed to Make Electricity Affordable for Kenyans 

  The National Assembly’s Departmental Committee on Energy has tabled proposals to reduce electricity costs for Kenyans. The recommendations, set for discussion in Parliament, target key reforms at Kenya Power and the Energy and Petroleum Regulatory Authority (EPRA). One major proposal seeks to have Kenya Power buy electricity from independent power producers (IPPs) in Kenyan shillings instead of foreign currencies. This shift aims to protect consumers from the adverse effects of exchange rate fluctuations when the dollar strengthens against the shilling. To support this, the committee plans to amend the Energy Act, CAP 314. The committee also emphasized the need for
The post Key Reforms Proposed to Make Electricity Affordable for Kenyans appeared first on Nairobi Wire. Read More

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