Kenyans electricity bill to start being lowered says MPs
On Tuesday 7th David Gikaria, Parliamentary Energy Committee Chair has said that the spike in power prices was due to the expensive deals power manufacturers had signed with Kenya Power.
WanjiruWarobi 
On Tuesday 7th David Gikaria, Parliamentary Energy Committee Chair has said that the spike in power prices was due to the expensive deals power manufacturers had signed with Kenya Power. This is after MPs said they plan to compel Kenya power to reduce electricity prices.
"Kenya Power has no choice. These agreements are signed by Kenya Power themselves and the IPPs (Independent Power Producers) and they have had that capacity charge whether they take the power or not, they will still have to pay," explained Gikaria.
"That is where you can see the problem of Kenya Power. They are going under year-in-year out just because of this."Kenya Power recorded a spike in electricity prices for consumers even as the economy took a beating from the Covid-19 pandemic in the past year. In March of this year electricity in households has increased by Ksh 1.20 units.
In a past interview Chief Executive Officer, Benard Ngugi confirmed that Kenya Power sets aside money to cover the cost of buying power wholesale electricity.
