MONROVIA – The Executive Director for Commercial and Regulatory at the Liberia Electricity Corporation (LEC), Sam Zimbe has lamented that the current commercial losses at the Corporation is mainly from outright power theft being perpetrated by residential and commercial consumers. Mr. Zimbe averred that the new Power Theft Law is expected to help LEC address the high levels of power theft. Mr. Zimbe continued that technical losses are stated at 12% but the level may be up to 15%. He projected that commercial losses are forecast to reduce by around 5.0% by end of 2021 and a similar reduction trend is estimated for the years 2022 to 2024. Chairman Sekajipo informed the audience at the public hearing that copies of the Commission’s written decision will be sent to all parties including individuals who provided written comments or oral testimonies during the hearing.

Source: Front Page Africa November 16, 2021 21:59 UTC