EPRA open to allowing private investors to distribute electricity

The regulations will come into effect upon gazzetment and will apply to the generation, importation, exportation, transmission, distribution, and retail of electric energy
EPRA to allow private investors to distribute electricity
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The Energy and Petroleum Regulatory Authority (EPRA) has developed new regulations that will enable private investors to participate in electricity distribution across the country.

In a statement, EPRA stated that the draft Energy (Electricity Market, Bulk Supply, and Open Market) Regulations 2024 were developed based on a petition by the Independent Power Producers (IPPs) to allow open access to power transmission and distribution.

The regulations will come into effect upon gazzettement and will apply to the generation, importation, exportation, transmission, distribution, and retail of electric energy.

According to the Director General of EPRA, Daniel Kiptoo Bargoria, the regulations will be the key to opening up new investment opportunities and enhancing grid reliability.

It introduces  the wheeling of electricity  which holds the potential to unlock new investment opportunities, enhance grid reliability, and ultimately deliver greater value to customers  who can enjoy lower power bills, less frequent outages and more choices on electric suppliers,” he stated.

The regulations will show how the structure of the electric market will be developed and also provide non-discriminatory access to licensees and eligible customers.

The Authority will promote fair pricing by reviewing and approving proposed tariffs or any service to be charged by licensees,” EPRA stated.

Agencies

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