Kenya: Kenya Power Cautions of Increase in Electricity Prices If Nairobi County Effects Wayleave Charges

According to Kenya Power, there has been a steady downturn in the cost of electricity in the country in the past year, a trend likely to be reversed by the recent row between the utility firm and Nairobi County Government.

Speaking in Nairobi on Tuesday, March 4, in a meeting with the Kenya Editors Guild, Kenya Power managing Director Joseph Siror attributed this to the strengthening of the shilling against the dollar, which has in turn resulted in lower pass-through costs to…