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Finance committee vows to block higher power prices

The panels' chairperson Kuria Kimani said the House will review taxes.

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by The Star

News26 January 2023 - 10:40
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In Summary


  • The National Assembly Finance Committee has moved to allay fears that hustlers will soon start paying more for electricity.
  • The MP said the Finance Committee we will review taxes on electricity in the Finance Bill in order to make it affordable. 
Molo MP, Kuria Kimani joins Taarab Dancers during Jamhuri celebrations at Molo Stadium.

The National Assembly Finance Committee has moved to allay fears that hustlers will soon start paying more for electricity.

The committee chairperson Kuria Kimani on Thursday assured Kenyans that the cost of electricity will not go up as anticipated.

The Molo MP said President William Ruto's administration is committed to cutting down the cost of power in the country as promised during campaigns.

He said the Ruto administration is working on a broader plan that will see Kenya Power buy and sell cheap power to Kenyans to support businesses and poor households.

The lawmaker said as it is currently, the Kenya Power tariffs are pegged on the cost of electricity as sold by independent power producers.

"I want to assure Kenyans, the cost of power will come down," the MP twitted on Thursday.

"President @WilliamsRuto is reviewing the cost KPLC buys electricity from independent producers."

The MP said the Finance Committee will review taxes on electricity in the Finance Bill to make it affordable.

The committee is mandated by law to make proposals on the review of government revenue measures including adjusting taxes for approval by the House.

The MP was reacting to a push by Kenya Power to increase the cost of power from April 1.

The listed utility firm is seeking the approval of the energy regulator to increase the cost of a unit of power for the usage of fewer than 30 kilowatts(kWh)) per month to Sh28.01 a unit.

Currently, consumers under this tariff band will pay 35.3 per cent more than the current Sh20.70 for every unit of power.

Those consuming 50 kilowatts a month will pay Sh36.92 a unit from the current Sh20.70, representing a 78.3 per cent jump in electricity costs for households.

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