President Uhuru Kenyatta's order on the reduction of electricity tariffs has finally been effected.
In a statement on Friday, the Ministry of Energy said the first tranche of 15 per cent has been effected upon gazettement.
''We are working hard to ensure that the next 15 percent tranche is effected in this quarter as promised,'' the Energy Ministry said.
This reduction is expected t0 boost social-economic growth by reducing the cost of living, putting more money in Kenyans' pockets and reducing the cost of doing business.
In his last Jamhuri Day Speech at Uhuru Gardens, Kenyatta Nairobi, the Head of State said the reduction in power bills was in keeping with a promise his government made to Kenyans to cut the cost of electricity by 30 per cent by the end year, even as he instituted radical changes at the power distributor.
With the new plan, the cost of power will go down from Sh24 per kilowatt to Sh20.4 by end of this month.
This is expected to decline even further by another 15 per cent to Sh16 per unit by end of March when the second phase of the reduction will be implemented.
