With third-party agents and platforms out of the picture, all customers will only henceforth be able to either pay their bills or purchase tokens via official Kenya Power payment channels only. [Photo/ Facebook]
With third-party agents and platforms out of the picture, all customers will henceforth only be able to either pay their bills or purchase tokens via official Kenya Power payment channels. [Photo/ Facebook]
BUSINESSECONOMY

Kenya Power Shuts Down Token Agents, Unauthorized Paybills

Share
Share

State-owned power utility Kenya Power is locking out third-party agents as it looks to centralize revenue collection. The company on Tuesday, August 30 issued a public notice notifying prepaid and postpaid customers of the changes.

All customers will only be able to either pay their bills or purchase tokens via authorized KPLC payment channels. Kenya Power cautioned customers against using any other platforms to make payments. The changes will take effect on Thursday, August 30.

The notice is set to affect several businesses which had emerged as vendors of prepaid electricity tokens. They include digital companies which Kenya Power allowed to sell tokens to consumers via their own platforms and several small businesses which offered the service in highly-populated residential areas.

“Please note that no other third-party agent is authorised to offer these services on behalf of KPLC. The Company will therefore not take liability for any transaction conducted through any other platform,” the notice from Kenya Power read in part.

The changes are expected to help the company increase its revenues further. Kenya Power reported a net profit of Ksh3.82 billion for the six months to December 2021, a massive improvement from the Ksj138.36 million it made over a similar period in 2020.

READ>>Kenya Power Muscles Solar Market With New Regulations

The growth was attributed to an increase in sales, enhanced system efficiency and lower operating costs. Overdue customer debt declined for the first time in five years by Ksh900 million.

This drove a 20 per cent increase in revenues, which hit Ksh83.57 billion compared to Ksh69 billion over a similar period in 2020.

The authorized channels are:

Prepaid Channel (Tokens)

M-Pesa Paybill – 888880

Postpaid Channel (Bills)

M-Pesa Paybill – 888888

Authorized banks

New Connections

M-Pesa Paybill – 888899

*Customers can also use the USSD code *977# to purchase tokens. They can also access the services at KPLC banking halls across the country.

Kenya Power advised customers with any queries to reach them through their social media platforms, official phone line and customer service centres.

READ NEXT>>Kenya Power Internet – Here’s What to Expect

 

Written by
MARTIN SIELE -

Martin K.N Siele is the Content Lead at Business Today. He is also a Quartz contributor and a 2021 Baraza Media Lab-Fringe Graph Data Storytelling Fellow. Passionate about digital media, sports and entertainment, Siele also founded Loud.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Follow Us

Related Articles
iHub expands operations in east africa
BUSINESS

Tech Incubator iHub Pumps Sh1.3 Billion in Startups, Eyes Regional Expansion

Africa’s Pioneering tech incubator - iHub - is pushing for greater Pan-African...

National Bank of Kenya - NBK Kenya profit 2024
BUSINESS

NBK Shakes Kenya’s Banking Industry With 142% Growth in Profit

The National Bank of Kenya (NBK) has recorded an outstanding growth in...

I&M Bank Posts Pre-tax Profit of Ksh14.1 Billion
BUSINESS

I&M Bank Posts Pre-tax Profit of Ksh14.1 Billion

This week, I&M Bank reported a monster jump in its third-quarter earnings,...

The Chairman of the Kenya Power Board of Directors, Joy Brenda Masinde speaking during the launch of the Kenya Power Sustainability Strategy.
BUSINESS

Kenya Power Turns on a New Business Strategy

Kenya Power has launched its sustainability strategy that provides a roadmap for...