• About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud
Wednesday, March 3, 2021
  • Login
  • Register
No Result
View All Result
NEWSLETTER
Kenyan Wallstreet
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Banking
    • Aviation
    • Energy
    • Manufacturing
    • Markets
    • Personal Finance
    • Technology
    • Startups
  • Podcast
  • Videos
  • Events
  • Blockchain & Digital Currencies
No Result
View All Result
Kenyan Wallstreet
No Result
View All Result

Kenyans to Pay Higher Electricity Bills With New Tariffs

Angeline MbogobyAngeline Mbogo
August 2, 2018
in Kenyan News
Reading Time: 2 min
Kenya Power Billing Dynamics; The Bill Structure

The Energy Regulatory Commission (ERC) has received criticism for the revised the electricity tariffs, which contrary to expectations, have added to the burden of Kenyans, particularly the middle-income consumers. Beginning 1st August 2018, prepaid consumers who use between 10 and 100 units per month will pay more for their electricity bills while consumers who use less than 10 units and over 1,500 units will enjoy lower costs.

For instance, under the old tariff, a consumer would receive 94.2 units for Sh1,700. However, under the new tariffs, the number of units received for the same amount of money are 76.7, indicating a 23 per cent rise in electricity costs.

However, ERC has defended the new tariff structure saying that the overall unit cost inclusive of taxes and levies has decreased from Sh23.49/kWh in 2017/8 to Sh20.18/kWh 2018/19. In addition, ERC says it has eliminated the Sh150 fixed charge and “foreign and inflation adjustments have been embedded in the base energy charge rates at the current exchange rates.”

ADVERTISEMENT

The fixed charge had been causing billing fluctuations for prepaid customers, a fact that has elicited a lot of complaints for some time.

The New Electricity Tariffs

The charges for energy from 0 to 10 kWh have increased from Sh2.50 per kWh to Sh12.00 while 11 to 50 units have now increased from Sh2.50 per kWh to Sh15.80. Additionally, units 51 to 1500 will now cost Sh15.80 per kWh from Sh12.75 while units of over 1,500 have reduced from Sh20.57 to Sh15.80 per kWh.

“The expected increase in electricity bills for the domestic category consuming between 11 and 100 units is due to the removal of the lifeline tariff, which was previously between 0 and 50 units and now reclassified to 0 and 10 units,” the regulator said in a statement.

The tariffs for commercial customers have also been reviewed. Small commercial consumers will no longer pay a fixed charge but the cost per kWh has increased from Sh13.50 to Sh15.60. However, bulk commercial consumers will save on costs when they shift their production schedule to night time when less power is being utilised.

ERC said in its press release: “In order to ensure financial viability, economic feasibility, and a sustainable and affordable electricity tariff, the Commission has approved an increase in the revenue requirement from Sh120 billion to Sh131 billion. This will meet the energy purchase costs and allow for system expansion and maintenance.”

The tariff review has also seen the categories of consumers reduce from three to two.



Hisa App
Previous Post

Tanzania’s Bank M Plc placed under receivership

Next Post

Guest Opinion; How Nairobi Matatus Defied the Will of Kenya’s Cashless Policy Makers

Related Posts

EABL Appoints Dayalan Nayager as Non-Executive Director

EABL Appoints Dayalan Nayager as Non-Executive Director

March 3, 2021
Kenya Power to Install Charging Points for Electric Cars Countrywide

Kenya Power to Install Charging Points for Electric Cars Countrywide

March 3, 2021

US Trade Rep Nominee promises to review US-Kenya Trade Deals

March 3, 2021

NSE Derivatives Market Data goes live

March 3, 2021

IMF Raises Kenya’s Economic Growth Forecast for 2021 to 7.6%

March 3, 2021

Central Bank to Tighten the Noose on Predatory Mobile Moneylenders

March 3, 2021

Britam Announces Organisational Restructure Targeting Executive Team

March 1, 2021

Astral Aviation, Kenyan Carrier eyes Middle East Cargo business

March 1, 2021
Load More
Next Post
Guest Opinion; How Nairobi Matatus Defied the Will of Kenya’s Cashless Policy Makers

Guest Opinion; How Nairobi Matatus Defied the Will of Kenya’s Cashless Policy Makers

Follow Us

  • 7.1k Fans
  • 113.6k Followers
  • 2.4k Subscribers
  • 453 Followers

WhatsApp

Subscribe

Telegram  

Subscribe

Podcasts

Upcoming Events

There are no upcoming events.

View Calendar
Add
  • Add to Timely Calendar
  • Add to Google
  • Add to Outlook
  • Add to Apple Calendar
  • Add to other calendar
  • Export to XML

Featured

Gamestop

Can the Gamestop Situation Happen in Kenya?

February 21, 2021
Hisa App

Announcing Hisa App Public Beta Launch

February 20, 2021
Absa Kenya CEO Jeremy Awori

Absa Marks One Year Since Transition, Commits KSh1.6 Billion into Digital Products

February 11, 2021
NSE Derivatives

How To Make Money Trading Derivatives In Kenya

February 9, 2021
Leila Fourie, JSE Group CEO

‘’Markets Recovery Don’t Imply Economic Recovery,’’ Leila Fourie, CEO Johannesburg Stock Exchange

December 31, 2020

About Us

We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe. Kenyanwallstreet.com is a property of Hisa Technologies Ltd, a financial media & software company.

Contact Us

Kenyan Wall Street
Email: [email protected]
Website: www.kenyanwallstreet.com

Disclaimer

The information contained in this website is for general information purposes only.
Read more..

  • About Hisa Technologies
  • Advertise
  • Careers
  • Contact Us
  • Estate Cloud

Copyright 2021. Hisa Technologies. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Kenyan News
    • African News
    • Global News
  • Business
    • Agriculture
    • Aviation
    • Banking
    • Energy
    • Global Markets
    • Healthcare
    • Infrastructure
    • Insurance
    • Investment
    • Manufacturing
    • Markets
    • Public Policy
    • Real Estate
    • Startups
    • Technology
  • Podcast
  • Videos
  • Events

Copyright 2021. Hisa Technologies. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?