EPRA slashes fuel prices after outrage from Kenyans

The Energy and Petroleum Regulatory Authority (EPRA) has announced a downward revision of fuel prices, offering much-needed relief to millions of Kenyans amid ongoing cost-of-living pressures.

The new prices, which take effect at midnight, see the cost of Super Petrol drop by KSh9 to retail at KSh197.60 per litre. Diesel has recorded an even bigger reduction, falling by KSh10 per litre, while kerosene prices remain unchanged.

VAT Reduction Eases Pressure

In addition to the price cuts, the government has lowered Value Added Tax (VAT) on fuel from 16 percent to 8 percent, further easing the burden on consumers.

The combined effect of reduced pump prices and lower taxation is expected to bring down transport and energy costs across the economy.

Relief for Households and Businesses

The price adjustment comes as welcome news for households and businesses that have been grappling with high fuel costs in recent months.

Lower diesel prices, in particular, are likely to have a ripple effect on the cost of goods and services, given its central role in transportation and logistics.

Kerosene Holds Steady

While petrol and diesel users benefit from the reductions, kerosene prices have been left unchanged, meaning households that rely on it will not see immediate relief.

Outlook

EPRA maintains that fuel prices are influenced by global oil market trends, exchange rates, and government policy measures such as taxation.

The latest revision signals a shift aimed at cushioning consumers, with many now watching to see whether the trend of lower prices will continue in the coming months.