Northrift CIPK Boss Condemns Proposed Electricity Cost Increment
North Rift Chair Council of Imams and Preachers of Kenya CIPK) Sheikh Abubakar Bini has condemned the proposed plan to increase electricity costs by 40 percent.
Speaking to the press in Eldoret town Bini said the move is uncalled for and ill-intended.
“If the cost of electricity and petroleum continues to rise, the cost of living will be too high for ordinary citizens due to hard economic times that are being witnessed in the Country”, said Bini.
He further added that many were shocked by this plan since the price of petroleum is already too high, thus increasing the cost of electricity would be a double tragedy for Kenyans.
In the new proposed tariffs, Kenya Power is seeking to increase power bills by an average of 40 percent.
This is in addition to Fuel Energy Cost, Foreign Exchange Rate Fluctuation Adjustment, inflation adjustment(varies annually or bi-annually), Water Levy (WARMA which varies monthly), Value Added Tax (currently at 16%), Rural Electrification Program (REP) Levy among other costs.
“If the cost of electricity will be increased the cost of food will not reduce since processing foods such as flour needs a lot of power.
“Textile industries such as Rivatex East Africa Limited are at risk of collapsing since they can no longer cope with the high cost of power, moreover many developing industries will be closed down since they cannot withstand losses caused by high electricity charges”, said the North Rift Chair Council of Imams and Preachers of Kenya chair.
Bini further noted that President Ruto’s Plan to ensure power reaches all Kenyans won’t bear fruits, unless cost of power is reduced.