Industrialists save Sh688m on power bills for night, holiday production

The Time of Use tariff - a 50 percent discount for companies that operate during off-peak hours, serves to encourage electricity consumption at night, on weekends and during public holidays.

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Some 2,452 industrial firms capitalised on discounted tariffs to produce goods during off-peak hours, saving Sh688 million on electricity bills between July and December 2024.

The six-month savings are, however, a 22.7 percent drop from the Sh890 million realised over a similar period in 2023, a new report by the Energy and Petroleum Regulatory Authority (Epra) shows.

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