Tuesday, August 26, 2008
Last month’s electricity bill from KPLC was an all-time high, and who would have thought it could still go up? This month it’s Kshs. 2,590 ($39) – up from Kshs. 1,860 last month. Consumption was ‘161 units’ costing Kshs. 1,000, but that was exceeded by their fuel costs [billed at 769c per kWh – whatever that is ] that added another Kshs. 1,240 to the bill, followed by all the various other government tax and regulatory percentages tacked on to everyones’ bill.
Again ‘fuel costs’ are to blame - Who does KPLC buy fuel from? Retail outlets? If I bought my own fuel, and sold it to KPLC I’d probably make a profit. KPLC spent 14 billion on fuel last year - about the same as Kenya Airways [Kshs. 15.6 billion, but who were able to reduce their fuel bill this year by 5% through hedging contracts] and that's three time as much as electricity generator Kengen who spend about Kshs. 5 billion on fuel [they have a competitive bidding process - to reduce fuel costs, and Total has the contract now] - but I hope KPLC who only distribute electricity address their fuel procurement process in future before passing all costs on to costs to their over-burdened consumers and taxpayers.
So how much are you electric bills this month?