System losses cost Kenya Power Sh16bn revenue

kenya power, electricity bills, electricity costs, electricity supply
Share
  •  
  •  
  •  
  •  
  •  
  •  


Business Daily | by Patrick Alushula


Kenya Power suffered Sh15.99 billion worth of system losses beyond what it is allowed to recover from consumers in the year ended June 2020, shining a spotlight on the burden of the expanded network and customer base on the utility’s revenue.

The firm’s system losses rose 23.46 per cent in the period, well beyond the 14.9 per cent that the regulator had allowed it to pass on to customers bills in 12 months.

Kenya Power disclosed in its annual report for the year ended June 30, 2020 that…

Read more…

kenya power, electricity bills, electricity costs, electricity supply


Share
  •  
  •  
  •  
  •  
  •  
  •  

LEAVE A REPLY

Please enter your comment!
Please enter your name here