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Ericsson		#41 Posted : Tuesday, November 21, 2017 10:55:42 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI		http://www.businessdaily...195852-6cemah/index.html Destroying investor wealth Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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watesh		#42 Posted : Tuesday, November 21, 2017 11:22:55 AM
Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya		Ericsson wrote: http://www.businessdailyafrica.com/economy/Cheaper-night-power-tariff-set-for-December/3946234-4195852-6cemah/index.html Destroying investor wealth Lol good idea but I would rather watch from the sidelines first.
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jgithige		#43 Posted : Tuesday, November 21, 2017 2:18:04 PM
Rank: Member Joined: 7/10/2014 Posts: 145 Location: Nairobi		Ericsson wrote: http://www.businessdailyafrica.com/economy/Cheaper-night-power-tariff-set-for-December/3946234-4195852-6cemah/index.html Destroying investor wealth I tend to differ. It will attract bulk consumers which should be encouraged. "Blowing out someone else candle won't make yours shine brighter"-Anonymous
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Ericsson		#44 Posted : Tuesday, November 21, 2017 2:23:55 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI		jgithige wrote: Ericsson wrote: http://www.businessdailyafrica.com/economy/Cheaper-night-power-tariff-set-for-December/3946234-4195852-6cemah/index.html Destroying investor wealth I tend to differ. It will attract bulk consumers which should be encouraged. Which bulk consumers are this.Giving discounts when kenya power is buying at the same rate means the margins of kenya power is reduced. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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mlennyma		#45 Posted : Tuesday, November 21, 2017 2:57:26 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Ericsson wrote: jgithige wrote: Ericsson wrote: http://www.businessdailyafrica.com/economy/Cheaper-night-power-tariff-set-for-December/3946234-4195852-6cemah/index.html Destroying investor wealth I tend to differ. It will attract bulk consumers which should be encouraged. Which bulk consumers are this.Giving discounts when kenya power is buying at the same rate means the margins of kenya power is reduced. there is surplus power during this hours and the move is good incentive if it can increase the volume "Don't let the fear of losing be greater than the excitement of winning."
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kawi254		#46 Posted : Tuesday, November 21, 2017 4:19:15 PM
Rank: Member Joined: 2/20/2015 Posts: 468 Location: Nairobi		mlennyma wrote: Ericsson wrote: jgithige wrote: Ericsson wrote: http://www.businessdailyafrica.com/economy/Cheaper-night-power-tariff-set-for-December/3946234-4195852-6cemah/index.html Destroying investor wealth I tend to differ. It will attract bulk consumers which should be encouraged. Which bulk consumers are this.Giving discounts when kenya power is buying at the same rate means the margins of kenya power is reduced. there is surplus power during this hours and the move is good incentive if it can increase the volume cheapest Hydro is sold by KenGen ~2.31 KES/Kwh. If you add Transmission costs (KETRACO+KPLC) i still don't see Kenya Power making money on that. Unless the damn are full the Hydro is not run 24 Hrs but only during peak time which will point to Geothermal which runs 24/7/365 being the energy that will be sold and geothermal is sold by KenGen/Ormat @ 8-9 KES/Kwh so @5 KES/Kwh this is loss making to Kenya Power. Unless Govt subsidy or ERC subsidy from overcharging domestic consumers
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Ebenyo		#47 Posted : Tuesday, November 21, 2017 8:00:23 PM
Rank: Veteran Joined: 4/4/2016 Posts: 2,021 Location: Kitale		Ericsson wrote: http://www.businessdailyafrica.com/economy/Cheaper-night-power-tariff-set-for-December/3946234-4195852-6cemah/index.html Destroying investor wealth the good thing is that,they are starting it as a pilot scheme to see its viability first.Lets wait and see.If it affects kenya power margins,they should stop like they did in 2000. Towards the goal of financial freedom
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Gatheuzi		#48 Posted : Wednesday, November 22, 2017 6:59:10 AM
Rank: Veteran Joined: 8/16/2009 Posts: 994		Ebenyo wrote: Ericsson wrote: http://www.businessdailyafrica.com/economy/Cheaper-night-power-tariff-set-for-December/3946234-4195852-6cemah/index.html Destroying investor wealth the good thing is that,they are starting it as a pilot scheme to see its viability first.Lets wait and see.If it affects kenya power margins,they should stop like they did in 2000. The 2000 history may just repeat. Quote: The night tariff had been introduced in 1999/2000 but squeezed Kenya Power’s margins since all large consumers shifted to the off-peak times with the electricity distributor incurring heavy losses and had to be abandoned. But let them learn from the pilot and modify charges along the way. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Ericsson		#49 Posted : Monday, November 27, 2017 1:44:42 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,820 Location: NAIROBI		http://www.businessdaily...203534-704s82/index.html Kenya Power defaulted paying Sh6.4 billion it owes KenGen for electricity delivered in the year ending June, prompting the intervention of top Energy ministry officials. The electricity distributor failed to pay the bill within the required 40-day credit window in line with their contract, exposing KenGen to credit risk, according to financial statements for the year ending June 2017. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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watesh		#50 Posted : Monday, November 27, 2017 9:01:05 AM
Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya		Ericsson wrote: http://www.businessdailyafrica.com/economy/Kenya-Power-defaults-Sh6bn-KenGen-bill/3946234-4203534-704s82/index.html Kenya Power defaulted paying Sh6.4 billion it owes KenGen for electricity delivered in the year ending June, prompting the intervention of top Energy ministry officials. The electricity distributor failed to pay the bill within the required 40-day credit window in line with their contract, exposing KenGen to credit risk, according to financial statements for the year ending June 2017. Cashflow issues....RED FLAG
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