Sharp Daily
No Result
View All Result
Monday, September 14, 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 to end postpaid metres in rural areas

Brenda Murungi by Brenda Murungi
January 3, 2024
in News
Reading Time: 2 mins read

Kenya Power and Lighting Company (KPLC) is embarking on a shift from post-paid to prepaid electricity meters for consumers in rural areas, aiming to complete the transition within the next three years. The utility outlined its plans in the latest annual report, emphasizing a long-term goal of transitioning all rural customers to smart metering. This strategic move is part of broader reforms aimed at curbing power theft and reducing meter reading costs.

The decision comes in the midst of public concern in Kenya regarding escalating electricity bills. KPLC anticipates that the shift to prepaid meters will not only address consumer complaints but also enhance operational efficiency, enabling better resource management.

Kenya Power traditionally relies on a sizable workforce of meter readers who visit homes and businesses to record power consumption. However, due to insufficient coverage, the utility often resorts to estimating the monthly consumption of millions of customers, leading to widespread grievances about inflated bills.

As of now, approximately 2.1 million KPLC customers operate on a post-paid system, significantly outnumbered by the 6.8 million users utilizing prepaid services. In the fiscal year 2023, the company generated Sh120.18 billion, with 63 percent of revenues coming from post-paid customers and the remaining 37 percent from prepaid customers.

RELATEDPOSTS

Kenya’s diaspora remittances fall 3% to Sh316 Billion in H1 2026

September 3, 2026

Kenya’s inflation edges up to 6.6% in August 2026, driven by fuel and food costs

September 1, 2026

Despite posting a net loss of KES 3.19 billion for the fiscal year ending in June 2023, attributed to a weakened shilling and high power purchase costs, KPLC is actively pursuing reforms. The transition to prepaid and smart metering represents a key initiative in the company’s efforts to adapt and improve its financial outlook.

Previous Post

Wetangula expected to address CSPOC conference in Kampala

Next Post

Court halts KES 74M withdrawal from Rwandese investor’s account

Brenda Murungi

Brenda Murungi

Related Posts

News

Accelerating Intra-African Trade Through Integration and Investment

September 11, 2026
News

Kenya Considers Mobile Money Data to Expand Mortgage Access

September 11, 2026
News

Entrepreneurs Look Beyond Bank Loans as Strategic Partnerships Gain Ground

September 11, 2026
News

Kenya Tightens Rules on Foreign Traders as Visa-Free Entry Faces Scrutiny

September 11, 2026
News

Kenyan Investors Gain Access to US IPOs Through Hisa

September 11, 2026
Banking

CBK Moves to Identify Kenya’s Domestic Systemically Important Banks: What Does This Mean?

September 11, 2026

LATEST STORIES

Stronger copyright rules needed as AI transforms creative work

September 11, 2026

Accelerating Intra-African Trade Through Integration and Investment

September 11, 2026

Kenya Considers Mobile Money Data to Expand Mortgage Access

September 11, 2026

Entrepreneurs Look Beyond Bank Loans as Strategic Partnerships Gain Ground

September 11, 2026

Kenya Tightens Rules on Foreign Traders as Visa-Free Entry Faces Scrutiny

September 11, 2026

Kenyan Investors Gain Access to US IPOs Through Hisa

September 11, 2026

CBK Moves to Identify Kenya’s Domestic Systemically Important Banks: What Does This Mean?

September 11, 2026
EABL

EABL’s $2.3 billion ownership change

September 11, 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