High cost of electricity may not go down soon: Power broker

Thika Power Limited Chairman George Njenga. [Elvis Ogina, Standard]

The high cost of electricity in the country will not go down anytime soon unless there is reduction on high cost of fuel, elimination of excessive taxes and fluctuations on the dollar and other foreign currencies stabilise.

Thika Power Limited Chairman George Njenga told the Committee Chaired by Nyeri Senator Wahome Wamatinga that has been engaging various stakeholders on how best to lower electricity cost that factors such as lack of rain that make Kenya Power to use thermal power plants to generate power.