June 22, 2024
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ELECTRICITY

Kenya Power Announces Prepaid Token Vending System Upgrade

Kenya Power has announced an interruption to its prepaid token vending system from 10 PM on June 2 to 10 PM on June 3, 2024, to facilitate a network upgrade.

During this period, customers will be unable to purchase electricity tokens from any vending points, including Kenya Power offices, banking channels, and mobile money platforms. Customers are advised to buy enough tokens in advance to avoid inconvenience.

Earlier this year, Kenya Power revealed plans to phase out postpaid meters in rural areas over the next three years to combat power theft and reduce costs associated with meter readings.

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Currently, 2 million customers use postpaid meters, while 6.8 million are on prepaid, according to Energy News Africa.

The company reported a net profit of Sh319 million for the half-year ending December 2023, rebounding from a Sh1.1 billion loss in the previous period, driven by increased electricity sales, a cost-reflective tariff, and the Rapid Results Initiative (RRI) for fast-tracking meter installations.

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