The LERC has upheld a new electricity tariff of US$0.22 per kWh for JEP customers in Nimba and Bong counties, reducing costs by 12%. A fixed monthly charge of US$1.50 was introduced, and connection fees were lowered to US$40. These changes aim to enhance service quality and accessibility. The new tariffs will be effective from March 20, 2025, to March 19, 2028.
In a significant ruling impacting Liberia’s electricity sector, the Liberia Electricity Regulatory Commission (LERC) has approved a new tariff of US$0.22 per kilowatt-hour for customers of Jungle Energy Power (JEP) in Nimba and Bong counties. This represents a 12% reduction from the prior rate of US$0.25 per kWh. The announcement, made by Acting Chairman Atty. Kla-Edward Toomey II in Gompa City, aims to balance consumer interests with JEP’s operational needs.
The LERC also introduced a monthly fixed charge of US$1.50, intended to fund network improvements and service quality enhancements in these regions. Furthermore, JEP is required to establish a transparency-focused escrow account in partnership with LERC. The Commission will receive monthly reports on the collection of these fixed charges, ensuring accountability.
New connection fees for prospective customers have been greatly reduced to US$40, down from US$100, facilitating easier access to electricity. This fee will cover essential connection materials such as energy meters and low-voltage cables, marking a strategic move to simplify customer onboarding.
The newly approved tariffs are scheduled to take effect from March 20, 2025, and will remain in force until March 19, 2028. JEP’s provisional tariffs from 2021 and 2023 for Nimba and Bong counties, respectively, will be revoked under this new structure, which may undergo minor reviews as needed.
JEP’s CEO, Tomah S. Floyd, Sr., stated that the company is evaluating the Commission’s decision and will respond accordingly. He expressed a willingness to engage in dialogue with stakeholders regarding the new tariff structure. Bong County Development Officer Seidiki Kromah commended the tariff reductions, which he believes will enhance residents’ quality of life in both counties.
Deputy Minister for Energy Charles Umehai emphasized the importance of providing a reliable and affordable electricity supply as a government priority. He urged LERC to support JEP in expanding access to electricity, praising the company as a successful example of Liberian business in energy distribution.
Finally, it is noteworthy that LERC’s decision for a tariff reduction comes after JEP filed for reconsideration in January 2025, underscoring ongoing discussions in the electricity sector.
The recent reduction in electricity tariffs for Nimba and Bong counties represents a decisive step by the LERC to enhance consumer affordability while supporting Jungle Energy Power’s operational sustainability. This regulatory decision, alongside the newly introduced fixed charge and connection fees, aims to improve service delivery and customer access to electricity. The proactive responses from stakeholders underline the collaborative efforts necessary for the effective management of Liberia’s electricity sector.
Original Source: frontpageafricaonline.com
