The Liberia Electricity Corporation (LEC), as part of its effort to reduce power theft and commercial losses, has elected to provide a flat rate for people, who are registered and are yet to receive their meter.
This measure according to Front Page Africa Newspaper will enable the new head of LEC increase revenue generation and discouraged customers from engaging in power theft.
According to Chief Executive Officer (CEO), John Ashley, flat rate will be introduced to customers who have applied and pay their connection fees but are yet to be connected.
The new LEC boss said they want to tackle those who are stealing electricity because commercial losses in the company are high. He also disclosed that LEC management is engaging with its legal advisor on how to tackle power theft through the court system; adding that they loss fifty percent of their revenue to power theft.
Mr. Ashley further stressed that employees who are caught in power theft will be dealt with according to the law.
Touching on the issue of tariff, LEC boss said fees charge for electricity is not going to drop now due to the financial situation the corporation is faces.
“The government of Liberia owes us US$5.7million. We engaged the Minister of Finance, who agreed to the debt but has only paid US$2.5 million, which we used to purchase fuel oil to run HFO, as the water level drops at the Mount Coffee,” LEC CEO said.
Mr. Ashley also listed Liberia Water and Sewer Corporation (LWSC) as one of his biggest debtors, with a liability of US$1.3million.
He has meanwhile threatened to disconnect and take them to court customers who failed to comply.