President Uhuru Kenyatta has ordered the lowering of electricity prices in Kenya within the next four months.
According to a report from President Kenyatta seen by Kioo.co.ke news desk on Wednesday, September 29, he raised concern over the irregular power purchase agreements entered by Kenya Power.
“The consequence of the proposed interventions is that a consumer who previously spent Sh500 per month on electricity shall by 31st December 2021 pay Sh330 per month. This cost reduction will be achieved through the reduction of the consumer tariffs from an average of Sh24 per kilowatt-hour to Sh16 per kilowatt-hour which is about two-thirds of the current tariff,” the report reads.
On March 29, President Kenyatta constituted a task force to review the power purchase agreements after it was discovered that independent power produces sold electricity to Kenya Power at inflated prices.
The President has directed Energy CS Charles Keter to ensure the immediate implementation of all the recommendations of the Taskforce by December 25, 2021.