Commodities

Power fuel cost levy hits 14-month high

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Kenya Power workers repair a power supply line. FILE PHOTO | NMG

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Summary

  • Households and businesses face steeper electricity bills after the fuel cost charge (FCC) hit a 14-month high in a shaky economic environment of low earnings due to the vagaries of the Covid pandemic.
  • The Energy and Petroleum Regulatory Authority (Epra) in its latest data released on Friday shows that FCC for February is Sh2.61 per kilowatt hour.
  • The charge is an increase from the Sh2.58 recorded last month as the levy rose for the second month running.

Households and businesses face steeper electricity bills after the fuel cost charge (FCC) hit a 14-month high in a shaky economic environment of low earnings due to the vagaries of the Covid pandemic.

The Energy and Petroleum Regulatory Authority (Epra) in its latest data released on Friday shows that FCC for February is Sh2.61 per kilowatt hour.

The charge is an increase from the Sh2.58 recorded last month as the levy rose for the second month running.

The rise sets the stage for an increase in the cost of electricity for households and businesses that are still grappling with the economic meltdown of the Covid-19 pandemic.

“Notice is given that all prices for electrical energy specified in Part II of the said schedule will be liable to a fuel energy cost charge of plus 261 Kenya cents per kWh for all meter readings to be taken in February, 2021,” Epra said last Friday.

FCC has been on a gradual rise on the back of a sustained rebound in global oil prices that increased the cost of diesel used for generating electricity.