The government has increased the Petroleum Regulatory Levy three times from Sh0.25 to Sh0.75 per litre.
The levy is part of the various charges that determine the price of fuel at the pump.
Taxes and levies constituted 38.17 per cent of the price of super petrol, 34.31 per cent of the price of diesel and 31.97 per cent of the price of kerosene.
The decrease in prices announced on February 14 came as a relief for Kenyans but the increase in Petroleum Regulatory Levy could cancel out the gains.
The Energy Petroleum Regulator Authority (EPRA) announced a reduction in the prices of Super Petrol, Diesel, and Kerosene by Sh 1 as part of its latest monthly price review.
According to a statement issued Wednesday, the new prices for Super Petrol, Diesel, and Kerosene are Sh206.36, Sh195.47, and Sh193.23, respectively.
The decrease in fuel prices was attributed to a decline in the landed costs of Super Petrol, Diesel, and Kerosene.
But Energy Cabinet Secretary Davis Chirchir published the Energy (Energy and Petroleum Regulatory Authority Petroleum Levy) Regulations, 2024 giving effect to the new charge.
“The Energy Act (Petroleum Regulation Levy) Order, 2018 is revoked,” the CS said.
It was the first time the levy was being reviewed in six years as the last review was done in June 2018
Fuel prices have a ripple effect on the economy, influencing the cost of transport, goods, and services.