Power prices fall Sh4 a unit on weak dollar, fuel cuts

The skyline of Nairobi CBD on June 23, 2021. Kenya targets an inflation rate of between 2.5 percent and 7.5 percent in the medium term.

Photo credit: File| Nation Media Group

Consumers are this month paying Sh4.07 less per unit of electricity compared to December last year in the wake of reduced foreign exchange and fuel adjustment surcharges, easing inflationary pressure.

A unit of power is retailing at Sh29 down from Sh33 in the same period last year, combined with reduced food and fuel prices to cut inflation to a multi-year low of 2.8 percent in November.

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