300,000 METERS TO ARRIVE IN LIBERIA SOON – Says LEC
Liberia Electricity Corporation (LEC) management has disclosed that three hundred thousand meters will soon arrive in the country to ensure that customers get needed services. Speaking to a team of journalists over the weekend in Monrovia, the Executive Director for the Commercial and Regulatory Division at the Liberia Electricity Corporation (LEC) M. Hady Sherif, disclosed that LEC’s goal is to ensure stable and accessible electricity service delivery to its valued customers. Noting that LEC remains committed to proactive measures that enhance the reliability of power supply, especially during challenging periods like this dry season, Management remains committed to ensuring a stable and accessible electricity supply, even in the face of potential challenges in power theft in the country. He further disclosed that the Corporation remains committed to ensuring that effective and efficient power distribution service delivery to its customers; LEC mandates to produce and supply affordable, efficient and reliable electric power to the entire nation. According to him, the corporation seeks financial viability, while improving and expanding the network to meet the future demand for electric energy in Liberia, improving socio-economic development of the Nation. “The management goal is to ensure stable and accessible electricity service delivery to valued customers, LEC remains committed to proactive measures that enhance the reliability of power supply, especially during challenging periods like this dry season” he stated The LEC celebrated its fifty years of service to the people of Liberia last year with a major achievement in the provision of stable electricity in the Country, noting that during the Covid-19 period, electricity was stable and we will continue work in the interest of the Liberian people.. LEC suffered a major setback during Liberia’s civil unrest, the Hydro power Plant, was destroyed over the years, with the support of the Government of Liberia and its donors and international partners, LEC continues its rebuilding efforts and carries out its mandate. However, critics of the national powerhouse lament that power theft, usually by LEC or LEC contractors’ trained tecanicians and political interference remain the greatest threats to solvency and sustainability of the Liberia Electricity Corporation To this end, the Corporation claims it has lost $271.9 million from 2015 to 2021, including $15.9 million in unpaid bills, $204 million in commercial losses, and $51.9 million in technical losses. More generated power has meant greater losses. On a positive note, LEC has also increased its customer base from thirty-five thousand (35,000) customers in 1989 to over two hundred thousand (200,000) customers in 2023 through donor funded projects and LEC connections.
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