Business Daily | by Patrick Alushula
Kenya Power has dropped the push to increase bills by up to a fifth, shifting its focus to lowering costs, curbing electricity theft and recovery of unpaid bills amounting to over Sh27 billion.
The electricity distributor reckons it has identified a reduction of capacity charges – paid to power firms regardless of generation – as one of the key actions that will pull it out of deep losses and bring down electricity bills.
This marks a U-turn by a utility that has since 2018 been pushing for an increase in electricity prices…
