Electricity consumers can breathe a sigh of relief as prices are slated to decrease starting midnight.
According to the Ministry of Energy, electricity prices for all types of consumers will decrease by Ksh.3.44 per unit.
Energy Principal Secretary Alex Wachira has attributed the amendments to a significant drop in the foreign exchange adjustment rate.
“Foreign exchange adjustment dropped from Ksh.6.46 per kilowatt hour to Ksh.3.22 per kilowatt hour owing to a decrease in the total foreign currency exchange payments made in January,” he said on Wednesday.
PS Wachira further linked the price changes to a marginal reduction in the Fuel Energy Cost which dropped by 19 cents.
Prepaid users will see the change starting at midnight, while post-pay users will pay less at the end of February.
