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KPLC tariffs to go up 25%
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2012
#1 Posted : Thursday, May 03, 2012 8:07:57 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Mwenye macho haambiwi tazama.

Kenya Power gets the greenlight for tariff review

BBI will solve it :)
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FUNKY
#2 Posted : Thursday, May 03, 2012 8:38:42 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
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dossy7
#3 Posted : Thursday, May 03, 2012 10:40:23 AM
Rank: Elder

Joined: 12/9/2009
Posts: 1,493
Location: Nairobi
Kenya power is just after profits but not service delivery.
At this rate money is becoming useless, everything on the rise from fuel,elec,NHIF and food.
Kenya is getting harder everyday economically.
Kenya ni yetu sisi sote
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2012
#4 Posted : Thursday, May 03, 2012 10:55:26 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
dossy7 wrote:
Kenya power is just after profits but not service delivery.
At this rate money is becoming useless, everything on the rise from fuel,elec,NHIF and food.
Kenya is getting harder everyday economically.


I was shocked by the price of milk! One day it's 30/- the next it was 44/-
I hope the milk farmers increased their prices as well.

BBI will solve it :)
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youcan'tstopusnow
#5 Posted : Thursday, May 03, 2012 11:09:34 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
dossy7 wrote:
Kenya power is just after profits but not service delivery.
At this rate money is becoming useless, everything on the rise from fuel,elec,NHIF and food.
Kenya is getting harder everyday economically.

Yet (somehow) inflation is down...

GOD BLESS YOUR LIFE
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kaifastus
#6 Posted : Thursday, May 03, 2012 11:48:53 AM
Rank: Member

Joined: 8/17/2011
Posts: 207
Location: humu humu
25% is huge..
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hisah
#7 Posted : Thursday, May 03, 2012 12:56:53 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
kaifastus wrote:
25% is huge..
Have you worked out all the hikes on the sub-items, yawa! E.g. households consuming between 51 units and 1,500 units will pay Sh11.79 per Kwh from Sh8.10 per Kwh - that's a 45.5% increase!? Also this - It’s seeking to increase to Sh3.70 the charge per kilowatt hour (kWh) on domestic consumers for the first 50 units up from the current rate of Sh2 per kilowatt hour. That's a 85% hike!?

But inflation is on a downward spiral and CBR fixed up there for 6 months running... d'oh!

As usual most missed to see this quote. Yes, its never coz of mwananichi, but others...

Quote:
"We want to start the process (tariff review) to get funds for development of quality electricity supply and boost the confidence of multilateral lenders like the World Bank," Kenya Power CEO Joseph Njoroge told the Business Daily earlier.


$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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2012
#8 Posted : Thursday, May 03, 2012 1:51:38 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
As we're busy fighting NHIF, KPLC sneaks in this. I bet you most Kenyans don't know the implications while this is far worse than NHIF.

BBI will solve it :)
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  | | Edit by user: Thursday, May 03, 2012 1:52 PM | Reason: Not specified
GGK
#9 Posted : Thursday, May 03, 2012 2:33:25 PM
Rank: Member

Joined: 11/21/2006
Posts: 608
Location: Ruiru
2012 wrote:
As we're busy fighting NHIF, KPLC sneaks in this. I bet you most Kenyans don't know the implications while this is far worse than NHIF.


True, its far much worse! Energy costs (petroleum, electricity) should not just be left to profiteers. This high energy cost will impact on almost every sphere of life reversing the efforts already made in containing inflation.

First 50 units will cost 3.70/= up from 2/= (85% increase)

Between 51 and 1,500 units will cost 11.79/= per unit from Sh8.10 per Kwh .... (46% increase)

Those consuming above 1,500 units will pay Sh22 per unit from 18.75/=....(17% increase)

Fixed charge also goes up from from 120/= to 160/=.... (33%increase)

This is a disaster
"..I am because we are. "― Ubuntu, Umtu,
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  | | Edit by user: Thursday, May 03, 2012 2:48 PM | Reason: Not specified
youcan'tstopusnow
#10 Posted : Thursday, May 03, 2012 3:35:55 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
hisah wrote:
Yes, its never coz of mwananichi, but others...

Quote:
"We want to start the process (tariff review) to get funds for development of quality electricity supply and boost the confidence of multilateral lenders like the World Bank," Kenya Power CEO Joseph Njoroge told the Business Daily earlier.

[/color]

The rank and file should be forgiven for thinking that the Govt. with a controlling stake would prevent it from happening. Business at usual though...
GOD BLESS YOUR LIFE
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