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President William Ruto faces the dilemma of whether to retain the cheap electricity subsidy placed by his predecessor Uhuru Kenyatta that cost the taxpayers Sh26 billion over a one-year period.
Financial Standard has learned the cheap power plan saw power utilities and the National Treasury under former President Kenyatta's regime contribute Sh26 billion to shield Kenyans from the high cost of power.
This is even as Ruto's administration continues to argue against subsidies, an indicator that a 12 per cent tariff hike sought by Kenya Power could sail through even as power consumers continue to bear the brunt of higher oil prices and a weak shilling.
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