According to energy experts, the current capacity charge is 90 per cent of the tariff revenues, which leaves Kenya Power struggling, despite enjoying monopoly. The regulator has been keen to help bring down the cost of power in the country, mainly though intergration of cheaper sources into the energy mix. In addition, an economic zone electricity tariff has been approved for the Olkaria Special Economic Zone,” Mutung’a said in an email response to the Star. The regulator said its is also monitoring performance of the system to reduce outages by establishing reliability performance indices. Meanwhile, Kenya Power has committed to continue implementing ongoing business turnaround strategy to improve efficiency and ensure financial sustainability.
Source: The Star September 17, 2020 00:56 UTC