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EVs become revenue stream for power utilities
Source: Kenya Power
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The quantity of electricity sold to electric vehicle charging companies quadrupled in just one year in Kenya, one of the fastest growing revenue sources for the national utility Kenya Power. A new report from the utility shows it sold 4.88 GWh to EV charging firms in its financial year ending June 2025, four times the 1.24 GWh it sold in the previous year.
Kenya Power added 40 EV charging companies to the grid during the year, generating $276,300 in revenue. With the current growth rate, the utility should soon be getting millions of dollars in revenues annually from EVs.
Many EV companies enjoy a subsidised power — to a maximum of 15,000 kWh in Kenya. The limit is likely to be removed soon, further boosting the transiton.
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