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Brace for higher power bills as forex charge up amid stable shilling

Ministry of Energy and Petroleum CS Opiyo Wandayi flanked by Kenya Power Alex Wachira the Principal Secretary, Ministry of Energy and Petroleum, State Department of Energy and EPRA Director General Daniel Kiptoo at a past press briefing. [File, Standard]

The cost of electricity is set to go up this month following a hike in the foreign exchange component of the electricity bill.

This is despite the shilling remaining stable against major global currencies for the last year.

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