ERC announces new fuel prices, effective today

Prepare to pay

A fuel station

The Energy Regulatory Commission (ERC) in its January fuel price review announced a reduction in the pump prices.

Diesel prices will from Tuesday drop by Sh10 per litre to their lowest level in a year.

Motorists in Nairobi will for the next one-month pay Sh104.21 for a litre of petrol, down by Sh9.33 from Sh113.54 they had been paying since December 14, 2018. 

Reduced prices

The cost of a litre of diesel has fallen by Sh10.04, to retail at Sh102.24.

Kerosene will be selling at Sh101.70 in the capital which is less sh3.52 per litre.

In Mombasa, motorists will enjoy the lowest fuel costs, with a litre of petrol in the coastal city retailing at Sh101.60, diesel at Sh99.60 and kerosene at Sh99.09.

Easing cost of living

In Nakuru, a litre of petrol will now be sold at Sh104.73, diesel and kerosene at Sh102.94 and Sh102.41 respectively. 

Motorists in Kisumu will pay Sh105.73 for petrol, while the pump prices for diesel and Kerosene have been set at Sh103.94 and Sh103.40 respectively.

This was attributed to price reduction of crude oil in the international markets during the review period, coupled with a stronger shilling.

The fall in pump prices this month should ideally lead to an ease in the cost of living.

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