- Energy and Petroleum Regulatory Authority (EPRA) reviewed power tariffs that took effect on April 1.
- Kenya Power and Lighting Company (KPLC) applied for an increase in tariff, citing an increase in its operational cost.
Energy and Petroleum Regulatory Authority (EPRA) reviewed power tariffs that took effect on April 1. Kenya Power and Lighting Company (KPLC) applied for an increase in the electricity tariff, citing high operational costs. The Senate Committee on Energy accused Independent Power Producers (IPPs) of raising power costs due to a conflict of interests. The committee led by Senator Wahome Wamatinga summoned officials from two IPPs – Gulf Power Ltd and Lake Turkana Wind Power on Monday, April 17. The committee cut shot the grilling of Gulf Power Ltd general manager Noman Wanyiri and other officials from the firm.
The committee also grilled Lake Turkana Wind Power officials, accusing them of taking advantage of the taxpayers’ money. The firm’s management charged the government over KSh 24 billion for delays in connection to the National grid. The Wamatinga-led committee concluded that high power prices are caused by the profit motivation of the Independent IPPs shareholders.
Increase in tariff Energy and Petroleum Regulatory Authority (EPRA) revised the electricity tariffs that took effect from April 1, 2023. Kenya Power and Lighting Company (KPLC) applied for an increase in tariff, citing an increase in its operational cost. The new tariffs will see Kenya Power net KSh 177 billion in revenue for the fiscal year 2022/2023.