Sharp Daily
No Result
View All Result
Thursday, March 26, 2026
  • 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

Kenya turns to new power plants and Ethiopia imports to avert rationing

January 13, 2026
KPLC rolls out new OCR meter-reading technology

KPLC rolls out new OCR meter-reading technology to eliminate manual data entry

November 25, 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

Analysis

Central bank rate cuts continue to shape kenya’s economy

March 26, 2026
News

Currency stability and its impact on foreign investment

March 26, 2026
News

NSE giants lose Sh200 billion as global conflict triggers foreign investor exit

March 26, 2026
News

Digital lending in Kenya and its growing influence

March 25, 2026
Analysis

Kenya airways returns to losses with kSh 17.9B hit

March 25, 2026
News

Government borrowing strategy and its effects on domestic markets

March 25, 2026

LATEST STORIES

Central bank rate cuts continue to shape kenya’s economy

March 26, 2026

Currency stability and its impact on foreign investment

March 26, 2026

NSE giants lose Sh200 billion as global conflict triggers foreign investor exit

March 26, 2026

Diageo moves to dismiss Bia Tosha’s bid to block Sh300 billion EABL stake sale to Asahi

March 26, 2026

Digital lending in Kenya and its growing influence

March 25, 2026

Kenya airways returns to losses with kSh 17.9B hit

March 25, 2026

Airtel Africa and Starlink complete satellite to phone tests in Kenya

March 25, 2026

Government borrowing strategy and its effects on domestic markets

March 25, 2026
  • 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