Kenya Power Earns US$1.4 Million In One Year From EV Charging Stations

Kenya’s power utility company, Kenya Power, has revealed that it generated KSh 190 million (US$1,471,740) from its electric vehicle (EV) charging stations, up from KSh 64.8 million a year ago, representing 188% growth in revenue in 2025.

The impressive KSh 126 million increase was driven by a surge in electricity demand from electric vehicles.

According to Kenya Power, as of 2025, Kenya had registered over 35,000 EVs, the majority of which were motorcycles, popularly known as boda bodas.

“Total electricity used by the e-mobility sector jumped from 2.9 million units in 2024 to over 8.4 million units this past year,” Kenya Power said in a statement on Wednesday.

“This surge in demand has significantly boosted Kenya Power’s bottom line, with revenues from EV charging growing to KSh 190.8 million, up from KSh 64.8 million just a year earlier.”

The announcement comes after the government officially launched the National Electric Mobility Policy, aimed at slashing Kenya’s US$5 billion annual petroleum import bill while leveraging a national grid that is already 90% renewable.

Excise duty on electric buses, motorcycles, and lithium-ion batteries has been eliminated, making green transport more affordable for both public operators and private commuters.

Kenya Power says it successfully lobbied for the introduction of an e-mobility electricity tariff, which was gazetted by the Energy and Petroleum Regulatory Authority (EPRA) in March 2023.

“To date, a total of 205 customers have been onboarded to this tariff, under which they are charged KSh 16 per unit during peak periods and KSh 8 per unit during off-peak hours,” the statement reads.

“We have already installed five EV chargers across our offices at Stima Plaza, Donholm, Ruaraka, Electricity House (Nairobi), and Ragati. We are at various stages of setting up additional EV chargers in Voi, Mombasa, Nyeri, Nakuru, and Eldoret,” Dr (Eng.) Siror added.