LERC Announces Submission of New Electricity Tariff Proposal by LEC



The Liberia Electricity Regulatory Commission (LERC) announces that the Liberia Electricity Corporation (LEC) has applied for new electricity tariffs for the Commission’s approval.

This tariff application process is in line with Section 8.1(2) of the 2015 Electricity Law of Liberia, which states that “a licensee may not charge a customer any other tariff other than that determined or approved by the Regulator.” The new tariffs, when approved by the Commission, will cover the period January 1, 2026, to December 31, 2028.

 

Background

In December 2024, the Commission granted a request from the Interim Management Team (IMT) of LEC to withdraw the Corporation’s initial tariff application and resubmit on February 15, 2025. LEC had informed the Commission that the previous submission coincided with an internal transition, and the IMT was unfamiliar with the tariff application previously submitted by the former administration.

Eventually, LEC submitted its new proposed tariffs and structure to the Commission on March 10, 2025. From the date of submission to May 09, 2025, the Commission’s Tariff Review team worked closely with LEC to gather all the crucial information needed to begin the tariff review process.

 

However, on July 4, 2025, LEC’s new management team requested the withdrawal of the tariff application and to resubmit on September 30, 2025. This would enable them to align their financial projections with their newly developed strategic plan, incorporate planned capital investment and quantify the impact of new interventions in their proposal. This request was granted by the Commission.

 

Tariff process

To ensure transparency and public participation, the Commission will organize a series of public hearings, stakeholder engagements, and outreach initiatives.

These forums will allow electricity consumers, policymakers, civil society organizations, and other stakeholders to provide input before a final decision is made by the Commission. LEC’s operations cover Montserrado, Grand Cape Mount, Bomi, Rivercess, Grand Bassa and Margibi counties.

“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.


Document to download
FOR IMMEDIATE RELEASED-Tariff-LEC-10.13.2025.pdf - 285kb