Connect with us

Economy

Manufacturer’s To Pay Less in New EPRA Tariffs

Georgina Korir

Published

on

New electricity tariffs, that are set to be a huge relief for manufacturers has been introduced by the, Energy and Petroleum Regulation Authority (EPRA).

Commercial and industrial consumers, who are billed at 220,000 volts per post-paid billing period, will be allowed by the new tariffs to pay KSh7.99 for every unit consumed. Also, they will be charged Ksh 3.99 less per unit for any consumption they make outside the peak hours.

This is not the first time the billing is being regulated to encourage manufacturing in the country.

Last year in August, a power law that rebates 30% of power was gazetted.

The law saw manufactures acquire a tax relief of 30% on their electric expenses, under the condition that factories increase their consumption of energy and raised their capital investment sales, all by a 10% margin.

Enterprise Magazine is Owned by The Carlstic Group Ltd. Copyright © 2016—2024. Site Developed and Maintained by Carlstic