Kenyans can finally breathe a sigh of relief after Treasury Cabinet Secretary John Mbadi announced a significant drop in the prices of electricity.
Speaking outside Treasury buildings in Nairobi on Thursday afternoon, the finance minister attributed the drop in electricity tariffs to the successive profits made by the Kenya Power Company (KPC) over the past few years.
The CS disclosed that the government had already begun taking measures to ensure that profits made by the state-owned operator were passed on to the consumers in terms of cheaper electricity. "Kenya power profits should be passed to the general public in terms of reduced tariffs and if you are keen, you will realise that the electricity bills according to my resorts, have been going down," the CS announced.
Treasury Cabinet Secretary John Mbadi during a public engagement with bunge la wananchi on the state of the economy at Jeevanjee Gardens, Nairobi on Monday, February 3, 2025.
