Kenyans living in informal settlements stand to benefit from subsidised power connection charges of up to Sh1,160, following the signing of a deal between Kenya Power and the World Bank.
Kenya Power will receive Sh1.2 billion from the bank and plans to spend Sh2.1 billion in connecting 150,000 slum residents in the country to the national grid.
The slum electrification project is being implemented across the country.
In the subsidy plan, the World Bank will pay $225 (Sh19,350) while Kenya Power will contribute Sh11.970.
Currently, electricity connection costs around Sh35,000, an amount that is far beyond the reach for majority of Kenyans.
Speaking during the unveiling of the World Bank’s Global Partnership Output Based Aid dubbed Stima Rahisi at Kiganjo Youth Polytechnic in Gatundu South Constituency, Kenya Power CEO Ben Chumo said: “This way we shall also tackle insecurity since insecurity is a product of lack of opportunities.”
He urged residents to utilise the cheap power to improve their livelihoods through the cottage industry, adding that similar projects would be rolled out in all 47 counties.
The exercise is part of a programme that Kenya Power is implementing throughout the country to increase connectivity.
PAYE Tax Calculator
Note: The results are not exact but very close to the actual.
