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Kenya Power Dividend
FRED BOB
#1 Posted : Wednesday, June 22, 2022 1:06:11 PM
Rank: Hello


Joined: 8/4/2019
Posts: 4
Location: NAIROBI
Could someone kindly clarify this on Kenya power dividend.

Ex-Dividend date 08/06/2022
Record date 09/04/2022
Payment date 30/06/2022
Dividend amount per share 4 KES

Source: africanfinancials.com
sparkly
#2 Posted : Wednesday, June 22, 2022 5:48:07 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,069
Location: Enk are Nyirobi
FRED BOB wrote:
Could someone kindly clarify this on Kenya power dividend.

Ex-Dividend date 08/06/2022
Record date 09/04/2022
Payment date 30/06/2022
Dividend amount per share 4 KES

Source: africanfinancials.com



Unlikely for Ordinary Dividend. Likely for Preference Dividend.
Life is short. Live passionately.
kenyan2019
#3 Posted : Saturday, July 30, 2022 12:17:30 PM
Rank: New-farer


Joined: 12/30/2018
Posts: 92
Kenya Power is marked for a major split in its business that will see it only distribute electricity to large commercial and industrial consumers as part of proposed reforms by the Ministry of Energy to boost efficiency and cut costs.

https://nation.africa/ke...lits-supply-role-3896924
kenyan2019
#4 Posted : Sunday, July 31, 2022 9:40:33 AM
Rank: New-farer


Joined: 12/30/2018
Posts: 92
Kenya Power is marked for a major split in its business that will see it only distribute electricity to large commercial and industrial consumers as part of proposed reforms by the Ministry of Energy to boost efficiency and cut costs.

https://nation.africa/ke...lits-supply-role-3896924
watesh
#5 Posted : Monday, August 01, 2022 9:45:08 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 923
Location: Kenya
[quote=kenyan2019]Kenya Power is marked for a major split in its business that will see it only distribute electricity to large commercial and industrial consumers as part of proposed reforms by the Ministry of Energy to boost efficiency and cut costs.

https://nation.africa/ke...its-supply-role-3896924[/quote]

This is pure doom for Kenya Power, half the customer base is not enough to sustain their massive interest expenses and 15% tariff cut.
kenyan2019
#6 Posted : Thursday, September 15, 2022 7:03:07 AM
Rank: New-farer


Joined: 12/30/2018
Posts: 92
Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa
mlennyma
#7 Posted : Thursday, September 15, 2022 10:06:53 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,140
Location: nairobi
kenyan2019 wrote:
Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa


is this what is exciting the share to gain 10% daily or there are some other ndindi nyoro factors?
"Don't let the fear of losing be greater than the excitement of winning."
watesh
#8 Posted : Thursday, September 15, 2022 10:28:35 AM
Rank: Veteran


Joined: 8/10/2014
Posts: 923
Location: Kenya
mlennyma wrote:
kenyan2019 wrote:
Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa


is this what is exciting the share to gain 10% daily or there are some other ndindi nyoro factors?


Now Kenya Power has a fighting chance to get back consistent profitability. That 15% cut sent it right into loss-making territory and depending on govt grant to fund the deficit
Ericsson
#9 Posted : Friday, September 16, 2022 6:36:35 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,412
Location: NAIROBI
kenyan2019 wrote:
Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa


The items that were adjusted to constitute the price hike very little goes to Kenya power.
Fuel energy charge goes to thermal generators.
Forex is on their loan repayments as a result of the weakening dollar
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
sparkly
#10 Posted : Friday, September 16, 2022 8:14:20 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,069
Location: Enk are Nyirobi
Ericsson wrote:
kenyan2019 wrote:
Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa


The items that were adjusted to constitute the price hike very little goes to Kenya power.
Fuel energy charge goes to thermal generators.
Forex is on their loan repayments as a result of the weakening dollar


True, those are pass though costs
Life is short. Live passionately.
KaunganaDoDo
#11 Posted : Saturday, September 17, 2022 11:27:32 AM
Rank: Member


Joined: 8/6/2018
Posts: 292
Ericsson wrote:
kenyan2019 wrote:
Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa


The items that were adjusted to constitute the price hike very little goes to Kenya power.
Fuel energy charge goes to thermal generators.
Forex is on their loan repayments as a result of the weakening dollar



if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments
McGill
#12 Posted : Saturday, September 17, 2022 7:48:03 PM
Rank: New-farer


Joined: 8/1/2019
Posts: 72
Does anyone have an idea of how much KPLC will save in commissions after terminating contracts for third party token vendors?
Ericsson
#13 Posted : Sunday, September 18, 2022 11:23:38 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,412
Location: NAIROBI
KaunganaDoDo wrote:
Ericsson wrote:
kenyan2019 wrote:
Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa


The items that were adjusted to constitute the price hike very little goes to Kenya power.
Fuel energy charge goes to thermal generators.
Forex is on their loan repayments as a result of the weakening dollar



if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments



Isn't the government compensating KPLC for the difference of ksh.10.4bn in unrecovered passthrough charges
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KaunganaDoDo
#14 Posted : Monday, September 19, 2022 10:30:25 AM
Rank: Member


Joined: 8/6/2018
Posts: 292
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
kenyan2019 wrote:
Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa


The items that were adjusted to constitute the price hike very little goes to Kenya power.
Fuel energy charge goes to thermal generators.
Forex is on their loan repayments as a result of the weakening dollar



if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments



Isn't the government compensating KPLC for the difference of ksh.10.4bn in unrecovered passthrough charges




NO. The government is only compensating the Base tariff reduction effected in January , not the passthrough.
Ericsson
#15 Posted : Monday, September 19, 2022 4:37:07 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,412
Location: NAIROBI
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
kenyan2019 wrote:
Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa


The items that were adjusted to constitute the price hike very little goes to Kenya power.
Fuel energy charge goes to thermal generators.
Forex is on their loan repayments as a result of the weakening dollar



if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments



Isn't the government compensating KPLC for the difference of ksh.10.4bn in unrecovered passthrough charges




NO. The government is only compensating the Base tariff reduction effected in January , not the passthrough.


Does it mean the pass through charges will be reviewed every 6 months?
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
kawi254
#16 Posted : Monday, September 19, 2022 11:35:03 PM
Rank: Member


Joined: 2/20/2015
Posts: 453
Location: Nairobi
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
kenyan2019 wrote:
Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa


The items that were adjusted to constitute the price hike very little goes to Kenya power.
Fuel energy charge goes to thermal generators.
Forex is on their loan repayments as a result of the weakening dollar



if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments



Isn't the government compensating KPLC for the difference of ksh.10.4bn in unrecovered passthrough charges




NO. The government is only compensating the Base tariff reduction effected in January , not the passthrough.


Does it mean the pass through charges will be reviewed every 6 months?


From late KNBS Leading Economic Indicators numbers:

May & June 2022 had lowest thermal contribution to generated power in last 12 months at 79 Gwh and 81 Gwh yet FuelCostCharge still remained at KES 4.63. This is 1/3 of 224 Gwh generated in Feb 2022 from thermal and yet FCC remained at KES 4.63 with September 2022 spike of FCC to KES 6.79.
In May 2022 Geothermal generated units at all time high of ~522 Gwh explaining the dip in thermal production.
Ericsson
#17 Posted : Tuesday, September 20, 2022 9:34:07 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,412
Location: NAIROBI
kawi254 wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
kenyan2019 wrote:
Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa


The items that were adjusted to constitute the price hike very little goes to Kenya power.
Fuel energy charge goes to thermal generators.
Forex is on their loan repayments as a result of the weakening dollar



if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments



Isn't the government compensating KPLC for the difference of ksh.10.4bn in unrecovered passthrough charges




NO. The government is only compensating the Base tariff reduction effected in January , not the passthrough.


Does it mean the pass through charges will be reviewed every 6 months?


From late KNBS Leading Economic Indicators numbers:

May & June 2022 had lowest thermal contribution to generated power in last 12 months at 79 Gwh and 81 Gwh yet FuelCostCharge still remained at KES 4.63. This is 1/3 of 224 Gwh generated in Feb 2022 from thermal and yet FCC remained at KES 4.63 with September 2022 spike of FCC to KES 6.79.
In May 2022 Geothermal generated units at all time high of ~522 Gwh explaining the dip in thermal production.


Fuel cost charge is a scam to consumers
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
KaunganaDoDo
#18 Posted : Wednesday, September 21, 2022 9:07:25 AM
Rank: Member


Joined: 8/6/2018
Posts: 292
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
KaunganaDoDo wrote:
Ericsson wrote:
kenyan2019 wrote:
Consumers hit by electricity price hike amid fuel anxiety https://www.businessdail...id-fuel-anxiety-3949086 via @BD_Africa


The items that were adjusted to constitute the price hike very little goes to Kenya power.
Fuel energy charge goes to thermal generators.
Forex is on their loan repayments as a result of the weakening dollar



if you noticed , in the last 9 months, the monthly passthrough charges like Fuel Cost Charge, Forex and inflation adjustment have remained fixed. i deally they vary month to month...but the Government Policy of suppressing the cost of power meant that KPLC was paying to Power Generators more than it was recovering from the customers, leading to accummulation of over Ksh 10.4 Billion in unrecovered passthrough charges. so currently, this is being recovered , hence the spike in the passthrough charges. its to be recovered in around 6 monthly instalments



Isn't the government compensating KPLC for the difference of ksh.10.4bn in unrecovered passthrough charges




NO. The government is only compensating the Base tariff reduction effected in January , not the passthrough.


Does it mean the pass through charges will be reviewed every 6 months?


No, 6 months is the period for recovery of the accumulated passthroughs charges, on top of the normal month to month charges. once the recovery is done, then its the normal month to month charges that constinues. nobody hassaid that passthrough charges will be reviewed after 6 months.
kenyan2019
#19 Posted : Thursday, September 29, 2022 6:51:28 AM
Rank: New-farer


Joined: 12/30/2018
Posts: 92
Kenya Power has announced plans to phase out petrol and diesel-powered vehicles and motorbikes from its fleet in favour of electric ones as the country’s shift to clean transport gathers momentum.

The State-owned power utility has set aside Sh40 million this financial year to purchase three electric vehicles that include two pick-ups and one four-wheel drive on a pilot basis.

https://www.businessdail...-petrol-vehicles-3964510
Ericsson
#20 Posted : Thursday, September 29, 2022 5:57:28 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,412
Location: NAIROBI
[quote=kenyan2019]Kenya Power has announced plans to phase out petrol and diesel-powered vehicles and motorbikes from its fleet in favour of electric ones as the country’s shift to clean transport gathers momentum.

The State-owned power utility has set aside Sh40 million this financial year to purchase three electric vehicles that include two pick-ups and one four-wheel drive on a pilot basis.

https://www.businessdail...petrol-vehicles-3964510[/quote]

To be financed by NCBA.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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