The Authority is empowered by Section 10 subsection (hh) of the Energy Act, 2019 to protect consumer, investor and other stakeholder interests. To achieve this, the Authority monitors the energy sector to ensure implementation of, and the observance of the principles of fair competition. In executing its mandate, the Authority works closely with statutory authorities such as the Competition Authority of Kenya, Kenya Revenue Authority, the Capital Markets Authority among others.
The Authority undertakes the following activities in ensuring regulatory compliance and fair competition:
- Reviewing Tariff Policy framework for transmission, generation and distribution. This ensures that utility companies meet revenue requirements for sustainable operations; support
- Assess trading arrangements including Power Purchase Agreements and Network Service Contracts;
- Monitoring compliance of approved tariffs;
- Conducting stakeholder engagements to seek views on tariffs charged;
- Determination of Pass through costs by to ensure that only prudently incurred costs are passed on to the consumer;
- Monitoring and audit of generation plants and transmission & distribution networks to ensure power sustainable and reliable supply of power.
- Publishing of Monthly Retail pricing of Petroleum Products (AGO, PMS & DPK) and the Wholesale and retail Margins;
- Monitoring of compliance to the maximum set retail prices;
- Monitoring of Petroleum facilities in the downstream sectors. This include Pipeline and storage facilities.