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Kenya Power will cut its power tariffs by up to 14% in May 2024

Kenya Power, the state-owned firm which owns and operates the electricity transmission and distribution network in Kenya, has announced an up to 13.7% cut in electricity bills starting from May 2024, following a reduction in the cost of fuel used for generating electricity and the strengthening of the Kenyan shilling. Specifically, the fuel cost charge declined by more than 30% between March and April 2024, and the forex adjustment charge by 47%. Consequently, the bill for a customer under the Domestic Customer 1 (DC1) tariff band consuming 30 kWh/month will decline by 13.7% from KES729 (US$5.53 or US$18.5c/kWh) in March 2024 to KES629/kWh (US$4.78 or US$15.9c/kWh) in April 2024. Similarly, the bill for a consumer under the Domestic Customer 3 (DC3) tariff consuming 120 kWh/month will fall by 9.7% from KES4,127/kWh (US$31.3 or US$26.1c/kWh) in March to KES3,728 (US$28.3 or US$23.6c/kWh) in April 2024.