Kenya Power in U-turn on bills increase push

kenya power, electricity bills, electricity costs, electricity supply
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Business Daily | by Victor Juma


Kenya Power is seeking to lower fixed charges in contracts signed with electricity generating companies, a move that will boost its financial performance and lead to reduced power bills for consumers.

The Auditor-General says the electricity distributor 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.

The electricity distributor says the move will also serve to bring down electricity bills…

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