Turkana wind power deal leaves consumers Sh4.6b burden

Kenya Power workers install a transformer in Nyeri town. FILE PHOTO | NATION MEDIA GROUP

Electricity consumers will pay Sh4.6 billion to a special fund created to cushion Lake Turkana Wind Power investors from losses.

The money, to be collected from consumers in the form of higher power bills, will be put in a yet-to-be created "security support facility" account that the Treasury has jointly created with the Energy Regulatory Commission (ERC).

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Note: The results are not exact but very close to the actual.