Relief for Kenyans as electricity prices drop

A statement from Kenya Power on Monday attributed the drop to the strengthening of the Kenya Shilling and a reduction in fuel costs used to generate electricity. 

"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 Ksh.629 down from Ksh.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 Ksh.1,574 from Ksh.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 Ksh.3,728 from Ksh.4,127.

A similar huge drop was seen in February as electricity prices for all consumers decreased by Ksh.3.44 per unit.