BUSINESSECONOMY

New Power Guzzlers Create Extra Revenue Stream For Kenya Power

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electric vehicles in kenya
Energy PS Alex Wachira (l), Kenya Power MD Joseph Siror and David Mugambi, Lead of e-mobility during the E-mobility Conference.
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A total of 8,433,437 units (kWh) of electricity was consumed in 2025 to charge electric vehicles (EVs), as Kenyans increasingly embrace electric mobility. Data from Kenya Power indicates that this represents a 188% increase in electricity consumption by the electric mobility (e-mobility) industry, compared to 2,922,692 units (kWh) consumed by this customer category in 2024.

The increased electricity consumption led to Ksh125,956,835 growth in revenue for this growing customer segment, from Ksh 64,843,181 in 2024 to Ksh 190,800,016 in 2025.

“E-mobility is one of the key areas the company is focused on under our green agenda, which seeks to power livelihoods and support our communities with solutions that reduce carbon emissions. Already, over 90% of the energy we procure and dispatch is sourced from renewable sources. To complement this milestone, we are actively driving the uptake of e-mobility and e-cooking solutions,” said Kenya Power’s Managing Director and CEO, Dr. (Eng.) Joseph Siror.

This momentum is also being reinforced by national policy reforms. On 3rd February 2026, the government launched the National Electric Mobility Policy, providing an enabling framework for faster EV adoption through supportive regulations and targeted fiscal incentives. These include measures introduced through the Finance Bill 2025, such as the zero-rating of VAT on electric buses, electric bicycles, electric motorcycles and lithium-ion batteries, as well as the reduction of excise duty to zero per cent on electric bicycles, electric motorcycles and lithium-ion batteries.

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“The National Electric Mobility Policy is a timely and important step in accelerating EV uptake in Kenya. As Kenya Power, we will continue to support this transition by strengthening grid readiness and expanding charging infrastructure in line with the sector’s growth,” said Dr. (Eng.) Siror.

Kenya Power successfully lobbied for the introduction of an e-mobility electricity tariff, which was gazetted by the Energy and Petroleum Regulatory Authority (EPRA) in March 2023. To date, a total of 205 customers have been onboarded to this tariff, under which they are charged Ksh 16 per unit during the peak period and Ksh 8 per unit during off-peak hours.

“To demonstrate our commitment to electric mobility, we have already installed five EV chargers across our offices at Stima Plaza, Donholm, Ruaraka, Electricity House (Nairobi) and Ragati. We are at various stages of setting up additional EV chargers in Voi, Mombasa, Nyeri, Nakuru and Eldoret,” added Dr. (Eng.) Siror.

Beyond charging the company’s EV fleet and supporting public use, the chargers also serve as a tool for data collection, which is critical for planning adequate electricity supply and infrastructure investments to support the growing sector.

As of 2025, Kenya had registered cumulatively over 35,000 EVs, comprising mostly two-wheelers. Industry projections indicate that, with sustained policy support and enabling incentives, EV deployments could scale significantly by 2040. Kenya Power currently has 11 electric vehicles and 30 electric bikes in its fleet, with the aim of deploying 20 and 100 units respectively by the end of 2026.

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Written by
KALU MENGO -

Kalu Mengo is a Senior Reporter With Business Today. Email: [email protected]

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