Electricity bills fall as Epra cuts power prices by 9pc
Nairobi, Feb. 8 -- Consumers are set to enjoy relief on electricity bills this month following the latest review by the Energy and Petroleum Regulatory Authority (Epra), which saw power prices drop by an average of 9.3 percent.
Domestic customers who have been paying Sh32 per kilowatt-hour (kWh) will now pay Sh29 per unit this month.
The new power prices have taken effect Thursday.
Epra has reduced the Fuel Energy Cost (FEC) from Sh4.33 per unit to Sh4.14. It has also lowered the foreign exchange rate fluctuation adjustment (Ferfa) from Sh6.46 per unit to Sh3.21.
The regulator said the lower prices have been effected because of the lower foreign currency repayments of power purchases made by Kenya Power last month.
The forex losses t...
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