The recent increase in electricity costs in Kenya has caused widespread concern among consumers. Many people are struggling to afford their monthly bills, and are looking for answers as to why this has happened.
One possible explanation for this rise in costs is the increasing demand for electricity. As Kenya’s economy continues to grow, more and more people are becoming connected to the grid, which means that there is a greater demand for electricity. This increased demand puts pressure on the power generation and distribution infrastructure, which can lead to higher costs.
Another factor that may be contributing to the rise in electricity costs is the increasing cost of fuel. Kenya relies heavily on fossil fuels for its electricity production, and as the price of these fuels increases, so too does the cost of producing electricity. This is particularly true for coal, which is a major source of energy for the country.
Finally, it is also worth considering the role of the government in this situation. The government has a major role to play in regulating the electricity sector, and its policies and decisions can have a significant impact on the costs of electricity. For example, the government may choose to subsidize certain energy sources or invest in infrastructure improvements, which could help to bring down costs.
“The subsidy introduced was a political decision, not an economical one,” he said.
He said the electricity subsidy was totalling an amount of up to Sh3 billion per month adding the move was not the last solution to the cost of living.
In conclusion, there are a number of factors that may be contributing to the rise in electricity costs in Kenya. These include increasing demand, rising fuel costs, and government policies. It is important that we continue to carefully monitor these factors and work to address any underlying issues in order to ensure that electricity remains affordable for all Kenyans.
