Kenya Power cuts supplier late payment penalties to Sh290m

A Kenya Power technician installs lines during a power supply upgrade at Homa Bay substation.

Photo credit: File | Nation Media Group

Kenya Power cut interest charges on late payments to suppliers by nearly a quarter to Sh290.3 million in the year ended June 2026, helped by an improvement in its working capital position, which shows surplus funds after deducting short-term debt.

The electricity distributor incurred Sh382.7 million in late-payment penalties in the previous year, meaning the charges fell by 24.1 percent, in the period under review.

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