President William Ruto has announced a new preferential electricity rate of Ksh10 per kilowatt-hour for investors operating within Kenya’s Special Economic Zones (SEZs), aiming to sharpen the country’s industrial competitiveness. The head of state confirmed the subsidized tariff at State House, Nairobi, on Tuesday, September 8, during the signing ceremony for a private development agreement on the Mombasa Special Economic Zone. The measure directly targets energy overheads, positioning Kenya as a more attractive destination for regional and global manufacturing investments. “The government will support this industrial ambition with the infrastructure required to make it competitive. This includes a preferential electricity tariff of Ksh10/kWh for special economic zones investors,” Ruto said. “Our objective is straightforward: to lower the cost of production so that goods made in Kenya can compete successfully in the region and the global market,” he added. Lowering Overhead Costs for Manufacturers Power costs represent one of the heaviest operational expenses for energy-intensive manufacturing and industrial enterprises in Kenya. By guaranteeing a capped Ksh10/kWh rate within SEZs, the government seeks to cushion major producers against wider utility price shifts. The move offers targeted relief to industrial hubs at a time when standard household and commercial electricity bil...
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