Electricity customers, who will now get up to a 13.7% reduction in the cost of power in April power bills, in what is attributed to a stronger Kenya Shilling and a reduction in the cost of fuel that is used to generate electricity.
- •Electricity bills will be lower in April due to a fall in fuel cost charge which reduced from KSh 4.64 in March to KSh 3.26 in April, and from a high of KSh 4.93 in January.
- •The forex adjustment charge reduced from KSh 3.68 in March to KSh1.96 in April 2024 and from a high of KSh6.85 in January.
- •A customer under the Domestic Customer 1 (DC1) tariff band using less than 30 units of electricity will pay KSh629 in April 2024 compared to KSh729 for similar units in March 2024, representing a 13.7% reduction.
Customers under the Domestic Customer 2 (DC2) tariff (averaging 31-100 units per month) who consume 60 units will pay KSh 1,574 in April 2024 compared to KSh 1,773 in March 2024 representing a 11.2% reduction. Those in DC3 tariff band (averaging more than 100 units per month) who use 120 units per month will pay KSh 3,728 in April 2024 compared to KSh 4,127 in March, a 9.7% reduction.
“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.
Fuel cost charge and foreign exchange fluctuation adjustment, which comprise the key variable components of the electricity bill, reduced by 37.3% between March 2024 and April 2024, across all customer categories.
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