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Kenya Power revives plan for dollar-based bills after Sh3.1b loss

Kenya Power employees repair power lines in Kisii town on September 18, 2023. [Sammy Omingo, Standard]

Kenya Power is considering implementing dollar-based billing for its electricity sales after posting a Sh3.19 billion annual loss blamed on currency fluctuations.

The State-owned utility, now under new management, had previously posted a net profit of Sh3.2 billion in the fiscal year ending June 2022 and Sh1.49 billion in the year ending June 2021.

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