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Kenya Power Dividend
Rank: Hello Joined: 8/4/2019 Posts: 4 Location: NAIROBI
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Could someone kindly clarify this on Kenya power dividend.
Ex-Dividend date 08/06/2022
Record date 09/04/2022
Payment date 30/06/2022
Dividend amount per share 4 KES
Source: africanfinancials.com
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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FRED BOB wrote:Could someone kindly clarify this on Kenya power dividend.
Ex-Dividend date 08/06/2022
Record date 09/04/2022
Payment date 30/06/2022
Dividend amount per share 4 KES
Source: africanfinancials.com Unlikely for Ordinary Dividend. Likely for Preference Dividend. Life is short. Live passionately.
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Rank: New-farer Joined: 12/30/2018 Posts: 94
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Kenya Power is marked for a major split in its business that will see it only distribute electricity to large commercial and industrial consumers as part of proposed reforms by the Ministry of Energy to boost efficiency and cut costs. https://nation.africa/ke...lits-supply-role-3896924
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Rank: New-farer Joined: 12/30/2018 Posts: 94
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Kenya Power is marked for a major split in its business that will see it only distribute electricity to large commercial and industrial consumers as part of proposed reforms by the Ministry of Energy to boost efficiency and cut costs. https://nation.africa/ke...lits-supply-role-3896924
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Rank: Veteran Joined: 8/10/2014 Posts: 969 Location: Kenya
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[quote=kenyan2019]Kenya Power is marked for a major split in its business that will see it only distribute electricity to large commercial and industrial consumers as part of proposed reforms by the Ministry of Energy to boost efficiency and cut costs. https://nation.africa/ke...its-supply-role-3896924[/quote] This is pure doom for Kenya Power, half the customer base is not enough to sustain their massive interest expenses and 15% tariff cut.
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Rank: New-farer Joined: 12/30/2018 Posts: 94
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Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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is this what is exciting the share to gain 10% daily or there are some other ndindi nyoro factors? "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 8/10/2014 Posts: 969 Location: Kenya
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mlennyma wrote:is this what is exciting the share to gain 10% daily or there are some other ndindi nyoro factors? Now Kenya Power has a fighting chance to get back consistent profitability. That 15% cut sent it right into loss-making territory and depending on govt grant to fund the deficit
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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The items that were adjusted to constitute the price hike very little goes to Kenya power. Fuel energy charge goes to thermal generators. Forex is on their loan repayments as a result of the weakening dollar Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ericsson wrote:The items that were adjusted to constitute the price hike very little goes to Kenya power. Fuel energy charge goes to thermal generators. Forex is on their loan repayments as a result of the weakening dollar True, those are pass though costs Life is short. Live passionately.
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Rank: Member Joined: 8/6/2018 Posts: 299
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Ericsson wrote:The items that were adjusted to constitute the price hike very little goes to Kenya power. Fuel energy charge goes to thermal generators. Forex is on their loan repayments as a result of the weakening dollar if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments
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Rank: New-farer Joined: 8/1/2019 Posts: 86
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Does anyone have an idea of how much KPLC will save in commissions after terminating contracts for third party token vendors?
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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KaunganaDoDo wrote:Ericsson wrote:The items that were adjusted to constitute the price hike very little goes to Kenya power. Fuel energy charge goes to thermal generators. Forex is on their loan repayments as a result of the weakening dollar if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments Isn't the government compensating KPLC for the difference of ksh.10.4bn in unrecovered passthrough charges Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/6/2018 Posts: 299
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Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:The items that were adjusted to constitute the price hike very little goes to Kenya power. Fuel energy charge goes to thermal generators. Forex is on their loan repayments as a result of the weakening dollar if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments Isn't the government compensating KPLC for the difference of ksh.10.4bn in unrecovered passthrough charges NO. The government is only compensating the Base tariff reduction effected in January , not the passthrough.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:The items that were adjusted to constitute the price hike very little goes to Kenya power. Fuel energy charge goes to thermal generators. Forex is on their loan repayments as a result of the weakening dollar if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments Isn't the government compensating KPLC for the difference of ksh.10.4bn in unrecovered passthrough charges NO. The government is only compensating the Base tariff reduction effected in January , not the passthrough. Does it mean the pass through charges will be reviewed every 6 months? Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:The items that were adjusted to constitute the price hike very little goes to Kenya power. Fuel energy charge goes to thermal generators. Forex is on their loan repayments as a result of the weakening dollar if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments Isn't the government compensating KPLC for the difference of ksh.10.4bn in unrecovered passthrough charges NO. The government is only compensating the Base tariff reduction effected in January , not the passthrough. Does it mean the pass through charges will be reviewed every 6 months? From late KNBS Leading Economic Indicators numbers: May & June 2022 had lowest thermal contribution to generated power in last 12 months at 79 Gwh and 81 Gwh yet FuelCostCharge still remained at KES 4.63. This is 1/3 of 224 Gwh generated in Feb 2022 from thermal and yet FCC remained at KES 4.63 with September 2022 spike of FCC to KES 6.79. In May 2022 Geothermal generated units at all time high of ~522 Gwh explaining the dip in thermal production.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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kawi254 wrote:Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:The items that were adjusted to constitute the price hike very little goes to Kenya power. Fuel energy charge goes to thermal generators. Forex is on their loan repayments as a result of the weakening dollar if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments Isn't the government compensating KPLC for the difference of ksh.10.4bn in unrecovered passthrough charges NO. The government is only compensating the Base tariff reduction effected in January , not the passthrough. Does it mean the pass through charges will be reviewed every 6 months? From late KNBS Leading Economic Indicators numbers: May & June 2022 had lowest thermal contribution to generated power in last 12 months at 79 Gwh and 81 Gwh yet FuelCostCharge still remained at KES 4.63. This is 1/3 of 224 Gwh generated in Feb 2022 from thermal and yet FCC remained at KES 4.63 with September 2022 spike of FCC to KES 6.79. In May 2022 Geothermal generated units at all time high of ~522 Gwh explaining the dip in thermal production. Fuel cost charge is a scam to consumers Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 8/6/2018 Posts: 299
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Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:KaunganaDoDo wrote:Ericsson wrote:The items that were adjusted to constitute the price hike very little goes to Kenya power. Fuel energy charge goes to thermal generators. Forex is on their loan repayments as a result of the weakening dollar if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments Isn't the government compensating KPLC for the difference of ksh.10.4bn in unrecovered passthrough charges NO. The government is only compensating the Base tariff reduction effected in January , not the passthrough. Does it mean the pass through charges will be reviewed every 6 months? No, 6 months is the period for recovery of the accumulated passthroughs charges, on top of the normal month to month charges. once the recovery is done, then its the normal month to month charges that constinues. nobody hassaid that passthrough charges will be reviewed after 6 months.
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Rank: New-farer Joined: 12/30/2018 Posts: 94
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Kenya Power has announced plans to phase out petrol and diesel-powered vehicles and motorbikes from its fleet in favour of electric ones as the country’s shift to clean transport gathers momentum. The State-owned power utility has set aside Sh40 million this financial year to purchase three electric vehicles that include two pick-ups and one four-wheel drive on a pilot basis. https://www.businessdail...-petrol-vehicles-3964510
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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[quote=kenyan2019]Kenya Power has announced plans to phase out petrol and diesel-powered vehicles and motorbikes from its fleet in favour of electric ones as the country’s shift to clean transport gathers momentum. The State-owned power utility has set aside Sh40 million this financial year to purchase three electric vehicles that include two pick-ups and one four-wheel drive on a pilot basis. https://www.businessdail...petrol-vehicles-3964510[/quote] To be financed by NCBA. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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