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Kenya Power revenues hit as rural homes use Sh3.34 daily
Kenya Power Managing Director Bernard Ngugi during an operation to curb illegal connections and theft of electricity in Huruma, Nairobi on March 15, 2021. PHOTO | DIANA | NGILA | NMG
Millions of Kenya Power #ticker:KPLC rural customers are spending a paltry Sh3.34 daily on electricity in what has failed to lift the sales of the utility firm in tandem with the sharp increase in connections to the national power grid.
The average monthly electricity consumption of rural households connected to the national grid is a six-kilowatt hour (kWh) that is currently valued at Sh100.45 or Sh3.34 a day, Kenya Power shareholder disclosures show.