Sharp Daily
No Result
View All Result
Sunday, June 21, 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

DStv subscriber base in Kenya falls to 248,053 in first quarter of 2026

June 18, 2026

Kenya proposes new shisha rules with fines rising to Sh1 million

June 16, 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

TRIFIC Concludes Kenya’s First Green Dollar I-REIT Offer, Marking New Milestone for Capital Markets

June 19, 2026
News

How Treasury Bonds Finance Public Spending

June 19, 2026
News

Parliament Reject Proposed 25% Excise Duty on Mobile Phones in Finance Bill 2026

June 19, 2026
News

How to spot a pension scam

June 19, 2026
News

Central bank digital currencies and sovereign money systems

June 19, 2026
News

AI-driven autonomous financial systems in modern finance

June 19, 2026

LATEST STORIES

TRIFIC Concludes Kenya’s First Green Dollar I-REIT Offer, Marking New Milestone for Capital Markets

June 19, 2026

How Treasury Bonds Finance Public Spending

June 19, 2026

Parliament Reject Proposed 25% Excise Duty on Mobile Phones in Finance Bill 2026

June 19, 2026

How to spot a pension scam

June 19, 2026

Central bank digital currencies and sovereign money systems

June 19, 2026

AI-driven autonomous financial systems in modern finance

June 19, 2026

Digital Identity and Trust Infrastructure in Modern Financial Systems

June 19, 2026

Kenya’s real estate pivot: why private developers are abandoning residential housing

June 19, 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