Liberia, July 10 -- The Liberia Electricity Regulatory Commission (LERC) has approved a new three-year electricity tariff for LIBENERGY, reducing the energy charge by 12 percent and lowering the cost of new single-phase electricity connections from US$110 to US$40 in a move aimed at making electricity more affordable while improving service delivery.

Announcing the decision on July 6 in Zwedru City, Grand Gedeh County, the Chairman of the Board of Commissioners, Claude J. Katta, said the Commission's decision follows months of technical review, stakeholder consultations, and public hearings across Nimba, Grand Gedeh, River Gee and Maryland counties, where LIBENERGY operates.

Chairman Katta described the decision as a major milestone in...