Electricity Prices Drop By 14pc On Increased Generation

31 Days(s) Ago    👁 54

Nation Media Group

The cost of electricity has reduced by 14 per cent following an increase in water at Masinga dam.

Energy Principal Secretary Alex Wachira said the cost may drop further if it continues to rain.

We anticipate to hold on the 14 per cent drop and probably lower the cost even more because of increased hydro-generation. We thank God for the rains, Mr Wachira said at Masinga dam on Wednesday.

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However, the PS appealed to families in flood-prone regions to move to high grounds.

Lives have been lost. We do not want to hear more people dying, he said, adding that Masinga dam would be raised by 1.5 metres to address flooding.

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