Growing dominance of foreign investors to blame for huge power bills

A Geothermal development Company steam well in Menengai ,Nakuru county.

NAIROBI, KENYA; The growing dominance of foreign firms and governments in Kenya’s energy sector is partly to blame for the soaring power bills for consumers, it has emerged.

The country has received $3 billion (Sh300 billion) in foreign direct investment (FDI) over the past eight years, which has gone into clean energy projects that include building of geothermal, solar, wind, and hydropower plants.