FINALLY! PRESIDENT UHURU DELIVERS GOOD NEWS TO ALL KENYANS

President Uhuru Kenyatta has announced a good news to all Kenyans . He announced that the cost of electricity will reduce by 15 per cent, by the end of December.

Speaking during the Jamhuri day celebrations, Uhuru said the plan to reduce the cost of electricity by over 30 per cent is well on course.

The reduction, he said, will be implemented in two phases of 15 per cent each.

“In honour of this pledge to the nation, and in response to the concerns over the high cost of electricity raised by both individual consumers and enterprises, I am pleased to announce to the nation that the reduction of the cost of electricity will be implemented in two tranches of 15 per cent each; with the first 15 per cent achieved through initial actions focusing on system and commercial losses, to be reflected in the December bills, and a further 15 per cent reduction, in the first quarter of 2022,” Uhuru said.

The president noted that the Ministry of Energy has already started engagements with Independent Power Producers aimed at renegotiating the initial power purchase agreements.

He called on the power producers to demonstrate goodwill.

Sourced from the star