Kenya to cut power tariffs for large businesses that operate overnight

By professo

From 1 December, Kenya will cut its power tariffs by up to a third for large businesses and manufacturers that operate in late hours.

According to the Energy Regulatory Commission (ERC), tariffs will be discounted for operations running between the hours of 10pm and 6am for commercial and industrial power users.

This is the time that demand is at its lowest, with most business and household using little to no electricity.

SEE ALSO:

Energy above 11kilovolts (kV) supplied by Kenya Power for commercial consumers will decrease in price from Sh7.50kWh (US$0.07) to Sh5 ($0.05) per unit.

For commercial users who are metered between 450 volts and 11 kilovolts, their tariff will be dropped from Sh9.20 ($0.09) to Sh7 ($0.07) per unit.

The energy regulator anticipates that by lowering the cost for consumers, that industrialists will pass this on to lower costs of commodities.

“The introduction of the night tariffs will help promote commercial and industrial growth in Kenya while maximising on the surplus energy available at off-peak hours,” stated Pavel Oimeke, Acting Director-General of ERC.

Share

Featured Articles

Abu Dhabi Airports prepares for Terminal A opening

A decade in the making, Abu Dhabi International Airport welcomes 6,000 volunteers to test operational readiness of stunning new Terminal A building

Business Chief expands portfolio with new look and coverage

Business Chief Middle East & Africa launches with fresh new look and extended coverage of the region, with exclusive executive interviews and insights

How Octopus Energy grew to become an industry giant

Octopus Energy continues to grow after a deal was agreed to acquire Shell Energy in the UK and Germany, taking its customer base to almost seven million

Perkbox CEO: How to support employees through tough times

Human Capital

How Middle East is embracing the future of digital finance

Corporate Finance

UAE Lulu Group shifts business for global growth and IPO

Corporate Finance