Economy

Electric Vehicles Push Kenya Power's Revenue to Ksh.125.9 Billion

Data shows 8,433,437 units (kWh) of electricity were consumed by EV customers in 2025, compared to 2,922,692 units (kWh) recorded in 2024.

Kenya Power generated Ksh.125.9 million in revenue from electric vehicle (EV) charging in 2025, accordint ot the new data.

The surge, including electric cars and motorcycles, drove a 188% increase in electricity consumption by the e-mobility segment.

Data shows 8,433,437 units (kWh) of electricity were consumed by EV customers in 2025, compared to 2,922,692 units (kWh) recorded in 2024.

This uptick is likened to policy support, including the National Electric Mobility Policy launched on February 3, 2026, and tax incentives under the Finance Bill 2025.

The incentives include zero-rated VAT and reduced excise duty on electric buses, motorcycles, bicycles and lithium-ion batteries.

Kenya Power’s Managing Director and CEO, Dr. (Eng.) Joseph Siror, attributed the strong growth to rising customer uptake under the company’s dedicated e-mobility tariff.

Also Read: Kenya Power ramps up investment in grid expansion to support e-mobility

Since March 2023, about 200 customers have been onboarded to the special tariff designed to support EV adoption.

“E-mobility is one of the key areas the Company is focused on under our green agenda, which seeks to power livelihoods and support our communities with solutions that reduce carbon emissions,” said Dr. Siror.

More than 90% of the energy the utility company procures and dispatches is sourced from renewable energy,

Kenya Power has put in place measures to expand its own electric fleet to 20 electric vehicles and 100 electric bikes by the end of 2026.

The company has already installed EV charging stations in Nairobi, with expansion plans targeting Mombasa, Nakuru, Nyeri, Eldoret and Voi.

Under Kenya Power’s e-mobility tariff structure, EV customers pay Ksh.16 per unit during peak hours and Ksh.8 per unit during off-peak hours, offering cost savings that enhance the business case for electrification.

By 2025, Kenya had registered more than 35,000 electric vehicles, the majority being two-wheelers widely used by boda boda operators and last-mile delivery firms.

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Collins Ogutu

Nairobi based Digital Journalist, Corporate Communication Expert and Digital Marketer with a wealth of experience in multimedia. Accredited member of the Media Council of Kenya.

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