The Liberia Electricity Regulatory Commission (LERC) has announced the submission of a complete application for new electricity tariffs from the Liberia Electricity Corporation (LEC), paving the way for potential changes in consumer rates starting in August 2025.
The proposed tariff structure is set to be in effect from August 1, 2025, to 31, 2028, as outlined by Section 8.1(2) of the country’s 2015 Electricity Law, which stipulates that a licensee can only charge tariffs that have been determined or approved by the regulator.
The latest submission from LEC comes after the Commission allowed the corporation to withdraw its earlier tariff application in December 2024. This retraction was prompted by an internal managerial transition at LEC, which left the new Interim Management Team (IMT) unfamiliar with the prior submission made by the previous administration.
The new tariff proposal introduces a fifth customer category—“Government”—in addition to the existing categories of Social, Residential, Non-Residential, and Medium Voltage users. LEC provides electricity services across several key counties including Montserrado, Grand Cape Mount, Bomi, Grand Bassa, and Margibi.
LERC assures the public that existing tariffs will remain unchanged until the Commission has reached a decision on the new proposal.
To facilitate transparency and gather public opinion on the proposed rates, LERC plans to conduct public hearings and other stakeholder engagement activities. This initiative aims to allow electricity consumers, policymakers, and civil society organizations to voice their opinions and concerns before a final decision is made.
“The Commission is committed to ensuring transparency and regulatory best practices throughout the tariff-setting process,” stated Hon. Claude J. Katta, Chairman of the Board of Commissioners.