Kenya Power and Lighting Company (KPLC) is seeking a tariff review to raise Electricity prices for Kenyan households by 117 per cent.
The utility firm submitted a tariff review to the energy regulator Energy and Petroleum Regulatory Authority (EPRA) seeking to review electric tariffs with an aim to generate more income.
In October 2020, Kenya Power submitted a request to the Energy and Petroleum Regulatory Authority (Epra) to increase energy charges for the next three years.
The proposed tariffs are set to begin on April 1st.
The company has argued that its financial needs have risen while income from electricity sales has stayed the same, leading them to seek an increase in tariffs.
The purpose of the review of the retail tariff is to take into account changes in the cost structure of the electricity sub-sector and to adjust key assumptions to meet the revenue needs of the sector.
The utility company has proposed a new KES 14 per kilowatt-hour tariff for customers who use less than 30 units of power per month and a tariff of KES 21.68 per kilowatt-hour for customers who use more than 30 units per month.
The current tariff, which was approved in November 2018 and temporarily lowered by the regulatory agency in January of last year, charges customers who use less than 100 units per month KES 10 per kilowatt-hour and customers who use more than that amount KES 15.8 per unit.
Read Also: Kenya Power Generates KES 780 Million from Meter Reconnections