The energy regulator has slashed the maximum prices per unit of power at which new power plants can sell electricity to Kenya Power, in the latest push to lower the cost of electricity.
Geothermal, which holds the biggest share in the national grid— took the biggest hit of the three leading sources, with the maximum price per kilowatt hour (kWh) for new plants slashed by 12 percent to $5.69 cents followed by a two percent cut for both solar and wind plants.
