According to Joseph Siror, the managing Director of the Kenya Power and Lighting Company (KPLC), for every KSh100 paid by customers, KPLC receives only KSh2 or less as profit.
He also stated that most of the money goes to the generation of electricity.
“For every KSh100 that you pay in the bill, 65 per cent goes to generation. What only possibly comes to Kenya Power is KSh20. Of the amount, it might be 10 per cent of that is the profit that Kenya Power makes. It could sometimes be even lower,” Siror said.
He added that if the money was invested in millions, capital would be recovered in the long run. But he insisted that the surest way to ensure profits is to increase electrical connectivity in the country. He at the same time touched on disparities in payment of electricity installation services saying a lot of factors come into play.
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“Kenya Power operates as a commercial entity but there are those other programmes which the government does under the recognition of the importance of power and they normally come under the Last Mile scheme,” he explained.
“There is no provision for the cost that one would incur in putting the transformer, it would have come directly from Kenya Power resources,” he added.
KPLC, which owns and operates most of Kenya’s electricity transmission and distribution system, sells electricity to millions of customers. They are responsible for building, maintaining and operating the power distribution and transmission networks in Kenya.
They acquire electricity from various sources including Kenya Electricity Generating Company (KenGen), and other Independent Power Producers (IPP). KPLC also imports electricity from countries like Uganda, Ethiopia and Tanzania.
By Frank Mugwe
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