The Liberia Electricity Regulatory Commission (LERC) is reviewing Jungle Energy Power’s (JEP) request to reconsider the recently announced electricity tariff.
This comes after public hearings in Nimba and Bong counties, where stakeholders and citizens voiced their opinions.
JEP’s General Manager, Aleyou Keita, cited the increased price of electricity from Compagnie Ivoirienne d’Electricité (CIE), from $0.15 to $0.16 per kilowatt-hour (kWh), as the reason for the proposed tariff adjustment from $0.22 to $0.24 per kWh.
Keita also suggested eliminating the Liberia Electricity Corporation’s (LEC) 0.1 cent administrative charge to enhance power distribution efficiency.
Additionally, Keita proposed that the government or LEC subsidize the purchase price from CIE to $0.12 per kWh, maintaining the tariff at $0.23 with a fixed charge of $2.00.
LERC’s Chairman, Hon. Claude J. Katta, explained that the public hearings aimed to ensure transparency and allow for public participation in the decision-making process.
The Deputy Minister for Energy, Charles Umehai, commended LERC for facilitating the hearings, emphasizing the Ministry’s commitment to collaboration between the Commission and licensed operators.
LERC is expected to make a decision on JEP’s request in March 2025, with new rates set to take effect from March 2025 to February 2029.
Source: https://energynewsafrica.com
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