The Standard | by Macharia Kamau
The foreign exchange charge in the power bill has been reviewed upwards to Sh1.31 per unit of power, the highest since April 2018.
The charge cushions power industry players from volatility in the local currency when repaying loans denominated in foreign currency, including the US dollar and Japanese yen.
In December, the forex charge stood at 70 cents per kilowatt hour (kWh), having risen from minus one cent in February last year – which meant consumers would be credited with few free power units when…
