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{
    "id": 1378819,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1378819/?format=api",
    "text_counter": 92,
    "type": "speech",
    "speaker_name": "Sen. Wambua",
    "speaker_title": "",
    "speaker": {
        "id": 13199,
        "legal_name": "Enoch Kiio Wambua",
        "slug": "enoch-kiio-wambua"
    },
    "content": "Thank you, Mr. Speaker, Sir. From the onset, let me join my colleagues who have spoken before me in congratulating the Standing Committee on Energy, led by my friend and brother, Sen. Wamatinga, on coming up with a fairly comprehensive Report on the inquiry into the high cost of electricity in the country. I will make very brief and targeted remarks on this Report as I declare from the onset that I do support it. My first comment is on the first recommendation of the Committee listed as 206; that within 14 days after adoption by the Senate, the Ministry of Energy and Petroleum should disclose full identities of owners of IPPs, including companies listed as shareholders. It is okay to make a disclosure of the people and companies that own these IPPs but that disclosure on its own does not help a lot in bringing down the cost of electricity. It does not matter whether it is Mr. “X” or Company “Y” that owns an IPP if the final cost of the product is beyond the reach of the consumers. I perused through the Report and there is a recommendation that Kenya Power should get into agreements with IPPs that can give fair pricing of their products when certain thresholds are met. My view, and I know this is the view of most people, is that we should look for a way of terminating all deals with all IPPs. It should not be lost on us that perhaps apart from Kenya Airways (KQ), Kenya Power is the only existing mega monopoly in this country; producing power to every consumer of electricity in every corner of this country. Why Kenya Power gets into losses or it is unable to produce enough when they are doing it without competition is The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Director, Hansard and AudioServices, Senate."
}