Power prices drop in March as debt burden dims relief

Consumer prices of electricity have dropped by an average Sh1 a unit for March, marking a second consecutive month of cost reliefs although paying producers cut more gains.

This is after the Energy and Petroleum Regulatory Authority (Epra) lowered the fuel energy cost to Sh3.64 per kilowatt-hour (kWh) for this month from Sh4.14 in February on reduced uptake of expensive thermal power.