Editor's Review

"We are happy to note that the reduction has given reprieve to our customers and we are optimistic that the prevailing macroeconomic environment and the improved hydrology." 

The Kenya Power and Lightning Company (KPLC) has announced a 13.7 percent reduction in the cost of power.

In a statement on Monday, April 15, KPLC said the reduction is a result of the strengthening of the Kenya Shilling and a reduction in the cost of fuel that is 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 macroeconomic 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 Joseph Siror.

KPLC noted that the fuel cost charge and foreign exchange fluctuation adjustment reduced by 37.3% between March 2024 and April 2024, across all customer categories while the fuel cost charge reduced from Sh 4.64 in March 2024 to Sh 3.26 in April 2024.

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A display of tokens on the Kenya Power CIU. Photo: Courtesy.

On the other hand, the forex adjustment charge reduced from Sh .3.68 in March 2024 to Sh 1.96 in April 2024 and from a high of KShs.6.85 in January 2024.

According to Kenya Power, a customer under the domestic customer 1 tariff band ( those consuming less than 30 units per month) using 30 units of electricity will pay Sh 629 in April 2024 compared to Sh 729 for similar units in March 2024 representing a 13.7% reduction

“Similarly, a customer under the domestic customer 2 (DC2) tariff (averaging 31-100 units per month) who consumes 60 units will pay Sh 1,574 in April 2024 compared to Sh1,773 in March 2024 representing a 11.2% reduction,” KPLC stated.

A customer under the domestic customer 3 tariff band (averaging more than 100 units per month) who uses 120 units per month will pay Sh 3,728 in April 2024 compared to Sh 4.127 in March representing a 9.7% reduction.