MONROVIA – The Liberia Electricity Regulatory Commission (LERC) will today Friday, 12 November hold a public hearing on the Liberia Electricity Corporation (LEC) tariff application at the Kailondo Hotel located on the Old Road beginning at 10:00 a.m. The new Electricity Tariff Regulations and the Multi Year Tariff Methodology provides the framework for electricity operators across the country including the national grid, LEC, on how to derive tariffs for electricity consumers in Liberia. LERC’s Board of Commissioners (BoC) Chaired by Dr. Lawrence D. Sekajipo approved the “Electricity Tariff Regulations and the Multi Year Tariff Methodology” in May this year. In March 2021, LERC provisionally approved a request from LEC to implement an “Incentive Framework” for large electricity consumers using high security pre-paid meters. About LERCThe Liberia Electricity Regulatory Commission (LERC) is an autonomous independent entity established by Chapter 13 of the 2015 Electricity Law of Liberia (ELL).