Safaricom now eyes electricity sales

Safaricom executives said the signing into law of the Energy Bill 2017 by President Uhuru Kenyatta on Tuesday, which provides for rollout of net-metering was a boon especially for large private organisations.

Under net-metering, widely practised in Europe, households and companies connected to the national power grid and at the same time having their own rooftop solar plants will be allowed to supply into the grid excess power generated by their plants. Since such homes or companies also receive electricity from the national grid, their monthly net billing becomes the difference between what they got from the grid and what they supplied. This means they end up with a significantly lower bill, or at times none at all when their supply exceeds consumption.

Full article: EnergySiren

 


 

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