Electricity Price Reduced

Monrovia, March 1, 2017 (Liberia Electricity Corporation): The Board of Directors of the Liberia Electricity Corporation (LEC) has approved a reduction in electricity tariff from 49 cents to 39 cents per kilowatt hour (kwh) as of March 1, 2017, following the pronouncement by her Excellency in her final annual message and reflecting variation in the cost of energy delivery due to increased generation and loss reduction.

The LEC is committed to ensuring affordable supply of electricity to consumers and also expanding access into other communities.

According to the Chairman of the board of Directors of the LEC, Mr. Ian Yhap, this reduction is a clear manifestation of Government’s commitment to provide affordable electricity, and giving power to the people.

“As our generation increases, we intend to extend our customer base through improvements in the transmission and distribution systems and commensurately continue to reduce tariff as the cost of service dictates. We rely on our customers and the general public however, to desist from the pilferage of electricity” said Mr. Yhap.

Being cognizant of the fact that access to electricity is essential to achieving sound economic growth and development, customers and the general public are assured of the continuous commitment of government to provide constant and affordable electricity to the people of Liberia.

Signed: _________________________________

Winston Bedell

Assistant Manager

Information and Public Affairs Department