Consumers hit as electricity prices rise in August

Electricity prices have risen in August, driven by tariff changes to two critical pricing components, piling pressure on homes and businesses already grappling with costly goods and services.

An analysis of the prices shows that Sh1,000 is now fetching 38.8 kilowatt-hours (kWh) in August compared with 40.2kWh for the same amount last month, while consumers are getting 19.4kWh for Sh500 compared to 19.5kWh in July.

The rise in electricity prices in in August is mainly driven by the Fuel Cost Charge (FCC), which rose to Sh3.51 per kWh this month from Sh3.20 for the same units last month, while the forex adjustment fell to Sh1.177 per kWh compared to Sh1.484 in the same period.

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Consumers hit as electricity prices rise in August

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Related reading

Fuel price hike pushes up cost of basic goods

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Paying more for less power

Investors and households hit as building costs surge on fuel impact

Costly transport pushes inflation to second-highest level in 30 months

Govt hints at new power tariff package as demand falls