Electricity prices up for first time in six months

Electricity prices have increased by an average 2.8 percent or 86 cents per unit this month.

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Electricity prices have increased by an average 2.8 percent or 86 cents per unit this month, marking the first increase since January in what is set to raise the cost of living.

In the latest monthly review, the Energy and Petroleum Regulatory Authority (Epra) has raised the Fuel Energy Charge (FEC) to Sh3.59 per unit in June from Sh3.52 in May. FEC is a pass-through cost collected by Kenya Power and remitted to power producers who burn diesel to generate electricity. The increase signals increased uptake of thermal power, which is the most expensive power source, last month.

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