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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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If you care to dig into the bills... you find that KPLC has the least 'take' in the deal for the service they provide... The gava chews up most of the cash through taxes & levies. Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 7/1/2008 Posts: 68
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What about the fuel adjustment they include? Its double the monthly bill before taxes! Since fuel prices came down,why cant KPLC reduce the fuel adj>>>? phew
tash
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Rank: Veteran Joined: 5/18/2008 Posts: 796
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Sasa hii mambo ya taxes,KPLCs take imetoka wapi? Reox asked about unwarranted reconnection fees... Hizi zingine ni porojo...
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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It is all is spelt out in the annual report available online. ***The fuel surcharge goes to the IPPs & KenGen as a 'pass-through' cost. KPLC keeps zero of the fuel surcharge/adjustment. Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 4/1/2009 Posts: 846
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@Reox,i had a similar problem,consulted a friend who works at KPLc,she told me they charge once the disconnection order is out,only that the guys who are supposed to disconnect dont actually do it. could you be paying your bills through the post office? such payments arrive late (it takes a while before they are reflected at KPLC) reason why they assume you havent paid when you have actually paid. make your payments at KPLC offices or Co-op Bank they are reflected immediately (so they claim,i havent tried it myself) hope things will change with ZAP and M-PESA The real measure of your wealth is how much you'd be worth if you lost all your money. ~Author Unknown
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Rank: Member Joined: 4/8/2008 Posts: 71
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Thanks @CLK,....... now how long does it take for them to reflect a refund on the bill as they had promised? a whole kshs 1,740 isn't little money and I want it back any KPLC in the house i give details????? Be proactive not reactive Don't let urgent deflect you from the important
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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@VVS. What was the FCA and FOREX Adj. last month? This conduit or ' cost pass' is too high and runs into billions per month. May b we should go without 'light' but put these billions into hydro or geothermal! Ecs 11.2 Give portions to seven,yes to eight,for you do not know what disaster may come upon the land. The opposite of courage is not cowardice, it's conformity.
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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The FCA & Fuel adjustment is shown for the full year (& half year) on the website as part of the financial information provided. I can't provide numbers for each month. *** You have hit the nail on the head when regarding 'use'. KPLC/KenGen/MoE has agreed to provide 'reliable' electricity rather then rationing if only using hydro & geo-thermal. *** Kenya has NOT exploited enough geo-thermal. Yet. *** Hydro is the cheapest type but the low rainfall has hurt production thus the 'top-up' using fuel-oil. The most expensive is using diesel basically large scale generators. *** Finally,there is electricity loss through theft. This also costs the consumer. I hope KPLC disconnects the non-payers & illegal connections. It will reduce my cost. Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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Kenyans need to use 'less' electricity OR find sources for cheap production. We do not have enough 'water' to produce enough electricity. The major rivers are Tana & Athi flowing to the east. Kenya is not allowed to dam rivers flowing into L. Victoria due to some weird/unfair Nile River Treaty. Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 11/26/2008 Posts: 2,097
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Could someone give an overview of how they calculate their Charges? Can one predict the electricity bill once meter readings have been taken? Work like you will die tomorrow,plan like you will never die "Never regret, if its good, its wonderful. If its bad, its experience."
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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KPLC or ERC publishes the formulas for the charges. For the month to month... sijui... Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 5/6/2009 Posts: 3
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@tebes,i had a problem,n i asked thier customer care how they charge on consumption,its 4 bob for the first 50 units,and 8 bob for the extra units of consumption.
hizo fuels charges n s*** sina idea!
Invest wisely!!
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Rank: Member Joined: 8/6/2009 Posts: 71
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My bill just seems to keep shooting up. Octobers 09 fuel cost adjustment was up to a whooping Ksh 7.75 per kWhr. Yaani i am paying more 4 the fuel cost adjustment than for my actual consumption.
So much for school holidays, elnino and the toi's spending more time in the house!
Already dreading my Nov n Dec Bills
He that rides the Tiger,cannot dismount
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Rank: Elder Joined: 6/27/2008 Posts: 4,114
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Sept/Oct bill is sh3,000 Much better than the sh5,900 that I paid around this time last year. Behind the gardens...Behind the wall...Under the tree (Including: Red...Dark Blue...Yellow) Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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Fuel Cost Adjustment & forex adjustment goes straight to IPPs & KenGen... (loans in forex) Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 10/6/2008 Posts: 21
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There was an article in the papers about KPLC'S big dividend payout and since we cannot do without electricity I would advice all to buy KPLC and Kengen shares to enjoy the dividends which will somewhere appease all on the huge power bills.
And hopefully with more investors the cost of power will go down as the two companies will reduce borrowing funds from banks at high interest rates.
Watu wachangamuke
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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Investors want low power bills yet high interest rates (12.5% after taxes) from KenGen... U can't have your cake & eat it too... Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 10/6/2007 Posts: 1,177 Location: Nairobi - Kenya
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i think the p-unit's song 'juu tuu sana' is befitting my Oct 09 electricity bill... it really shot up! When you run so fast to get somewhere,you miss the fun of getting there... Life is not a race,so take it slowly.... When you hear what I say, you will not understand. When you see what I do, you will not comprehend
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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@ispoa. I wonder how the dollar strength relates to the FOREX adjustment. If the dollar loses in value against the KES as it has been happening,do we expect a higher forex adjustment? Forex adj for Oct was 91 cents up from is it 59? Crocodile tears: If you can't assist me when I'm alive en you attend my funeral. The opposite of courage is not cowardice, it's conformity.
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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Stronger KShs (vs US$ or other currencies in which KPLC & IPPs have borrowed) means the forex adjustment will DROP... I think the base price was set when the $ was around 65 (when the safcom IPO came out) thus we see the forex adjustment unless $ drops to 65. Of course,there are other currencies involved. Greedy when others are fearful,Very fearful when others are greedy - to paraphrase WB Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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