Power prices set to rise as forex charge jumps 57pc

Persistent drought has cut hydro power production. FILE PHOTO | NMG

Electricity prices will rise this month driven by a 57 per cent increase in forex charge in power bills. The higher costs come after a reprieve last month when prices fell.

The forex levy, which compensates the Kenya Power and electricity producers for foreign currency costs, rose to Sh1.01 per kilowatt hour (kWh) of electricity consumed in October, from Sh0.64 per unit last month.

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