The Energy Regulatory Commission (ERC) on Saturday announced a Sh3 price increase in the cost of kerosene from Sunday, July 1.
ERC Director-General Robert Oimeke said in a statement that they had not factored in the proposals that were continued in the Finance Bill.
“In the pump prices published on 15th June 2018, the Energy Regulatory Commission did not factor the increase of Sh3.10 per litre in excise duty for Kerosene as proposed under the Finance Bill. The increased duty takes effect on 1st July 2018,” he said.
Kerosene which is seen as an affordable fuel option by most low-income households will now retail at Sh87.20 shillings in Nairobi, Sh84.42, Sh88.02 in Nakuru, Sh89.08 and Sh89.09 in Eldoret and Kisumu.
The prices will become effective until mid-July when the regulatory body is expected to review the prices again.
“For the avoidance of doubt, the pump prices for super petrol and diesel which were released on 14th June 2018 remain unchanged,” Oimeke clarified.
