The Energy and Petroleum Regulatory Authority (EPRA) in Kenya is taking steps to help consumers cope with rising fuel and power costs.
With energy prices climbing recently, EPRA has introduced strategies to promote energy efficiency and provide financial relief to households and businesses.
One major step is the recent reduction in electricity prices by an average of 9.3%. This means domestic customers will now pay 29 Kenyan shillings per kilowatt-hour (kWh), down from 32 shillings.
The adjustment is welcome news for many Kenyans dealing with high energy bills.
The price reduction is due to lower foreign exchange rate adjustments and reduced fuel energy costs, which have positively affected pricing.
EPRA’s Director-General, Daniel Kiptoo, explained that this change was possible because of decreased foreign currency repayments for power purchases made by Kenya Power.
Earlier this year, energy prices had risen by as much as 17.3% because of outstanding power purchase costs.
The recent decrease provides relief for millions of Kenyans who have felt the impact of rising energy prices.
In addition to lowering electricity prices, EPRA is pushing for energy efficiency in various sectors.
The authority has rolled out initiatives encouraging both residential and commercial users to adopt energy-saving practices.
These efforts include campaigns and tips on reducing energy use effectively. By teaching people about energy efficiency, EPRA aims to help them take control of their energy bills.
One of EPRA’s big plans is introducing net metering regulations. These rules allow individuals and businesses that generate extra renewable energy, like solar power, to earn credits for the surplus energy they feed into the national grid.
This approach not only promotes renewable energy but also helps users save money on energy costs.
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