
Maybe this is the governments way to push/force people to seek alternative power sources, i.e. make KPLC power so expensive that no one on their right mind uses it in their home On Wed, Feb 3, 2010 at 10:02 PM, [ Brainiac ] <arebacollins@gmail.com>wrote:
easy, from now on, just calculate your next month bill using the following formula.
Bn = BcX2
Check this out.
http://www.businessdailyafrica.com/Company%20Industry/-/539550/855076/-/t402...
The government has signed off a new energy policy that allows power producers to pass on to consumers all losses arising from their foreign currency-denominated transactions in a move that promises to add impetus to the recent escalation in electricity bills countrywide.
The new billing formula ticked off by the energy sector regulator in July last year plugs every electricity consumer’s costs to the turbulent world of currency markets where the shilling has ceded a lot of ground in the past 24 months.
Under the deal, electricity generating companies have a set exchange rate and are allowed to pass on to consumers any losses arising from a weakening of the Kenya shilling beyond the point.
-- Posted on 100% recycled electrons
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