The Presidential taskforce on the review of Kenya Power Power Purchase Agreements (PPAs) has submitted its report with recommendations expected to cut power costs by over 33 per cent by December 31, 2021.
In a statement on Wednesday, State House Spokesperson Kanze Dena noted that President Uhuru Kenyatta considered the report by the taskforce which established vast differences between power purchases by Kenya Power from KenGen and Independent Power Producers (IPPs).
Further, the report set up the absence of appropriate interest anticipating by Kenya Power, hazard assignment lopsided characteristics between Kenya Power and IPPs and ungraceful institutional engineering.
"The President has additionally inspected and invited the proposals of the team that set up a way towards the decrease of the expense of power by more than 33% inside four months. The result of the proposed mediations is that a buyer who recently burned through Ksh.500 each month on power will by 31st December, 2021 compensation Ksh.330 each month," read the assertion by Kanze Dena.
"This expense decrease will be accomplished through the decrease of the customer duties from a normal of KES 24 each kilowatt hour to KES 16 each kilowatt hour which is around 66% of the current levy."
The assertion added: "In confirmation of this original and reformist answer for a very long time long issue, the President has coordinated the Cabinet Secretary, Ministry of Energy to get the quick execution of the relative multitude of proposals of the taskforce by Christmas Day, 2021."
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