Kenya Power commits to provide reliable energy as part of big 4 agenda
Kenya Power has reiterated its commitment to provide affordable and reliable energy to manufacturers and its other customers to support the government’s Big 4 Agenda of enhancing manufacturing, health care, food security (irrigation) and affordable housing.
Although energy costs for most manufacturers other than cement and steel, are often less than 10% of input cost, large power customers such as manufacturers account for about 60% of Kenya Power’s revenue from sale of electricity.
This was said by Kenya Power’s Acting Managing Director & CEO, Eng. Jared Othieno. He was speaking at the annual Great Energy Debate held at Strathmore University, Nairobi.
“The Company is also working on the revision of the current Time of Use Tariffs, to be aligned with new harmonized tariffs. The initiative is meant to encourage more uptake of electricity at off-peak hours.
“Discussions on special tariffs for the Export Processing Zones (EPZ) and Special Economic Zones (SPZ) are also ongoing,” Eng. Othieno said.
“We would like to thank all our customers for their support. Moving forward, we have put in place some critical interventions to continuously improve our service delivery and enhance customer satisfaction,” he said.
In addition, the Company is keen on investing in infrastructure modernization and automation as well as expanding the distribution network through construction of additional substations and lines for alternative supply points to manufacturers. This move is expected to reduce downtimes and increase productivity.