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New inflation charge to increase water bills every July - 10 months ago, 16 Apr 06:09

By: Lynet Igadwah

Water tariffs will be increased annually every July if a fresh pricing formula by the regulator that incorporates inflation is adopted. The Water Services Regulatory Board (Wasreb) published the proposed formula in the latest Kenya Gazette that will see the utility cost rise every year in line with annual inflation — which last year stood at 8.01 per cent. Wasreb chief executive Robert Gakubia said Friday the annual review that is tied to inflation is meant to guard against the steep water price increases occasioned by the prolonged review of tariffs. Water prices on average are reviewed after about five years, a period that has seen most firms double the costs, sparking consumer uproar. “The proposed formula is intended to avert steep tariff increases at subsequent tariff reviews thereby shielding consumers from steep price increases every other tariff period,” Mr Gakubia said in the Friday Kenya Gazette. Wasreb is proposing ...
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