Let's dance in style
Let's dance for a while
Heaven can wait we're only watching the skies
Hoping for the best but expecting the worst
Are you gonna drop the bomb or not?
Let us die young or let us live forever
We don't have the power, but we never say never
Life is a short trip!
This EPRA decision is shocking. The first time I heard such an idea was two years ago when Rebecca Miano as CEO of KENGEN said KENGEN was intending to supply large power Electricity customers directly. Sounded wierd. Not because of practical possibility of wheeling charges but the impact on KPLC. This is a death knell.
Now KPLC has about 10,200,000 Electricity customers.
Of these, there are only 6,000 Large Power Customers of 15,000 units per month and above.
These 6,000 account for 49% of the total electricity sales by KPLC.
This is the group that is being targeted by IPPs including KENGEN to be supplied directly bypassing KPLC and only pay Wheeling charges to KETRACO and KPLC.
Then KPLC will miss out on the Revenues.
Most of this group is served at 11kV, 33kV, 66kV, 132kV, 220kV. The cost of supplying them is almost Zero.
Breakdowns in those Voltage levels are very few, meter reading is even automatic.
But KPLC has to serve 10,200,000 customers who consume the remaining 51%.
Serving these small consumers is a huge task.
From billing, attending to breakdowns, meter reading, new connections, replacing small burnt transformers etc
KPLCs has 10,000 employees and you can safely say the 10,000 actually serve the small consumers.
But now, the 6,000 large consumers are now hived off by IPPs.
The Operations bill of KPLC will NOT change.
But Revenues have reduced by 49%??
This is right from the bottom line of earnings. This 49% Revenue loss will be the actual LOSS by KPLC.
So how can KPLC survive??
It will definitely collapse.
Can EPRA explain what will happen once KPLC collapses
It will be the Public that will suffer.
Kenya can't survive without KPLC.
No tengo ningún problema con Mourinho. Me parece un gran profesional. No le quiero en el @realmadrid . Creo que otros entrenadores estarían mejor capacitados para entrenar en el club de mi vida. Opinión personal. Nada mas.
Saccos are for middle and lower middle class people. If you’re rich , you can easily put your money in riskier ventures
Share capital argument is lame no one forces you to put your money there. You can put all your money in the deposit account which earns a decent 12%
If you’re middle class or close to that, Saccos will always work. I always advise my friends to always start with a Sacco when building your portfolio. After you reach a certain threshold you can diversify to other assets.
To the Kenyan business owners actually doing the work - thank you.
The landlord who actually listens when you raise an issue, instead of going silent the moment rent clears. The caretaker who doesn't just nod at your complaints but follows them up until they're genuinely sorted. The technician who does a clean, careful repair with no shortcuts, no calling you back two weeks later for the same fault. The plumber who shows up on time, explains what's wrong, fixes it properly, and leaves your house cleaner than he found it.
You deserve the applause because what you're doing shouldn't be remarkable, but in Kenya, it is. You answer your phone. You honour your quotes. You apologise when you're wrong. You take pride in the thing you put your name on. You treat customers like the reason you exist. In any functioning market, this is the floor. Here, it's the ceiling. And that's the problem.