New energy sources can cut business costs

With Kenya’s demand for electricity soaring, so is the cost of accessing this essential commodity, a fact that is increasing the burden on consumers already grappling with high cost of living.

But as many consumers will find out when they get their June utility bills, the fuel adjustment cost is not the only item that is pushing up their bills: there is also the foreign exchange factor that is making power more expensive. Although the Energy Regulatory Commission (ERC) has put off requests from Kenya Power and Lighting Company to review tariffs upwards, which would have been effected this month, all indications are that the cost of electricity could rise further in the coming months.