Kenya power plans to change its pricing model in order to cushion itself from future losses.
In the proposed model the power distributor will start selling electricity at prices calculated and based on full cost recovery.
This follows Kenya Power's submission of a retail tariff application to the Energy & Petroleum Regulatory Authority (EPRA) for review.
Retail tariff is the price at which electricity is sold to different customers but excludes bilateral tariffs in a power purchase agreement and power supply agreements.
EPRA is set to conduct public hearings on the same as stipulated by the constitution.
