ERC sent flawed Sh1.2bn electricity refund notice

ERC Director-General Pavel Oimeke. FILE PHOTO | NMG

Energy regulator has owned up to notice it issued last month that erroneously indicated electricity consumers were due for a refund of Sh1.2 billion.

The Energy Regulatory Commission (ERC) on September 13 said homes and business were due for a refund of Sh1.31 per kilowatt hour (kWh) after it used a higher dollar rate to compute the foreign exchange levy last month.

PAYE Tax Calculator

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