EPRA increases fuel prices after Excise Duty and inflation adjustments

Written By: Ronald Owili
288

A Shell petrol station in Nairobi | Jackson Mnyamwezi

The Energy and Petroleum Regulatory Authority,EPRA has increased the price of super petrol, diesel and kerosene taking into account the excise duty which came into effect on 1st October and average inflation of 4.94 percent for the financial year 2019/2020.

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The new adjustment will now see consumers in Nairobi pay additional Ksh 1.12 for super petrol and Kshs 0.58 for diesel and kerosene on top the previous review made on 14th September 2020.

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With the inclusion of the excise duty and inflation, it now means,  a litre of super petrol in Nairobi rises by Kshs 2.60, diesel by Kshs 0.70 and kerosene rises by Kshs 1.08.

Last month, EPRA raised the price of a litre of super petrol by Kshs 1.48 while a litre of diesel reduced by Kshs 0.12 and kerosene Kshs 0.50.

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According to EPRA, consumers in Nairobi will now pay a maximum of Kshs 106.55 for a litre of super petrol, Kshs 95.09 for a litre of diesel and 83.73 for a litre of kerosene.

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In Mombasa, consumers will pay Kshs 104.18 for a litre of diesel and 92.73 for a litre of diesel and 81.37 for a litre of kerosene.

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The new adjustments are effective 3rd October until 14TH October.

The excise duty adjustment will also affect alcoholic and non-alcoholic beverages as well as excisable tobacco products whose prices are expected to increase.

 

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