Sharp Daily
No Result
View All Result
Saturday, August 9, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

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.

RELATEDPOSTS

Let’s power rural Kenya’s economic revival

April 29, 2025

Kenya Power targets 150,000 new customers in Phase VI of last mile project

April 9, 2025
Previous Post

New bill proposes tighter financial reporting deadlines for public institutions

Next Post

Kenya to host Africa fertilizer summit

Brenda Murungi

Brenda Murungi

Related Posts

commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025

LATEST STORIES

Segregated Pension Schemes in Kenya Q2’2025 Performance

August 8, 2025
Asset allocation dividing an investment portfolio among different asset categories.

Building a Retirement Portfolio in Kenya

August 8, 2025

Steps banks can take to align with fair lending practices

August 7, 2025

The hidden cost of outdated economic statistics

August 7, 2025

EABL posts 12.2% profit surge, strengthens regional footprint despite rising illicit trade

August 1, 2025
1049795356

Maximizing Your Pension Contributions

August 1, 2025

The functional role of narrative in financial markets

August 1, 2025

Tanzania’s protectionist shift and what it means for Kenyan entrepreneurs and regional trade

July 31, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024