Monrovia- May 1, 2021: The Liberia Electricity Corporation has informed the general public and its valued that on Saturday, May 1, 2021, that it will launch its Lifeline (Social Tariff) for residential small consumers and a High Security Metered Incentive Package for Large Consumers.
According to the LEC, the High Security Metered Incentive Package for Large Customers will include:
This Incentive Scheme will apply only to Large Customers who:
• Have High Security Pre-Paid Metering installed at their premises.
• Vend a minimum of US$1,000.00 per token (which can be regularly audited).
The Scheme will provide 22% of added kWh Bonus to each qualifying purchase. This will effectively equate to a Tariff of US$0.27 per kWh + GST or US$0.297 including GST.
The Scheme was approved by the Liberia Electricity Regulatory Commission (LERC) for implementation until June 30th June 2021, as an interim measure, before the Commission introduces a new Tariff Structure.
The Lifeline (Social) Tariff
The lifeline Tariff is an initiative of LEC which has been approved by the LEC Board and Liberia Electricity Regulatory Commission (LERC).
It’s aim is to make LEC mains electricity more accessible and affordable to households and small business who have low level requirements for electricity.
Question 1: Who is the Lifeline Tariff Aimed at?
Answer 1: The life line tariff is aimed at all small users of electricity who use less than 20KWh of electricity per month
Question 2: How much is the lifeline tariff ?
Answer 2: The lifeline Tariff is US$0.22 per kWh + GST
Question 3: How do I get the lifeline Tariff?
Answer 3: LEC knows how much you purchase each month, if your consumption is less than 20KWh per month you will automatically get the Lifeline Tariff
Question 4: What happens if I exceed the 20 kWh in a month?
Answer 4: You automatically revert to US$0.35+GST per kWh
Question 5: What will 20KWh cost me?
Answer 5: At present 20KWh will cost you US$7.70 including GST once on Lifeline Tariff 20kWh will cost you US$4.84 including GST
Question 6: When can I get my Lifeline Tariff Token?
Answer 6: The Lifeline Tariff will go live from 10:00 am on May 1st, 2021 and is available through normal LEC vending outlets.
Question 7: Why introduce a Life-Line Tariff?
Answer 7: LEC commissioned a cost-of-service study which
recommended introducing a lifeline – social tariff of US$0.22 per kWh for small residential consumers applicable to consumption of up to 20 kWh per month.
