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Kenya Power announces significant reduction in electricity prices

Brenda Murungi by Brenda Murungi
April 16, 2024
in News
Reading Time: 1 min read
Kenyans will experience relief as electricity prices have decreased for April. Kenya Power announced on Monday that this drop is due to the strengthening of the Kenyan currency and lower fuel expenses for electricity generation.

“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, which 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.

Customers under the Domestic Customer 1 (DC1) tariff band, who consume less than 30 units per month, will enjoy a 13.7 percent reduction which will see them pay KES 629 down from KES 729 for similar units in March 2024.

Customers under the Domestic Customer 2 (DC2) tariff, consuming an average of 31-100 units, will now pay KES 1,574 from KES 1,773 in March 2024 representing a 11.2% reduction.

Likewise, those under the Domestic Customer 3 (DC3) tariff band, over 100 units per month, will have a 9.7% reduction meaning they will now pay KES 3,728 from KES 4,127. A similar huge drop was seen in February as electricity prices for all consumers decreased by KES 3.44 per unit.

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