More reprieve for homes as cooking gas prices drop - News Summed Up

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More reprieve for homes as cooking gas prices drop


By NEVILLE OTUKIMore by this AuthorCooking gas prices have dropped for the first time since March, offering further reprieve to homes enjoying falling food prices. The prices tanked below Sh2,000 last year July after the Treasury scrapped value added tax (VAT) on cooking gas to cut costs and boost uptake among poor households. Unlike petrol, diesel and kerosene, cooking gas prices are not regulated by the Energy Regulatory Commission (ERC) and have been left to market forces. Gas has become the preferred energy source for households, especially in major towns, due to its convenience and because it is cleaner than other cooking fuel. The VAT removal on gas was part of the government’s plan to wean rural homes off reliance on toxic firewood, kerosene and charcoal.


Source: Daily Nation August 01, 2017 19:52 UTC



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