President Ellen Johnson-Sirleaf has sent to the Senate for enactment the Electricity Bill, which seeks to establish the legal and regulatory framework for the generation, transmission, distribution and the sale of electricity within the country.
The Bill will also set the framework for the country’s import and export of electricity.
The Bill titled: “The Electricity Law of Liberia” (2015), is said to be in furtherance of and supports implementation of the National Energy Policy. Its goals include expanding on a sustainable basis the availability of electricity services nationwide.
Other goals of the Bill, according to President Sirleaf, include making available enough supply and high quality of electricity services at reasonable prices, being aware of the need to balance affordability to customers with the need to attract capital and private investment to the sector.
The Electricity Law will at the same time promote the development of renewable energy resources for electricity generation.
When enacted into law, the Bill will also encourage efficient use of electricity resources to facilitate economic development, promote regional and international cooperation in electricity trade and investment, while maintaining a financially viable and sustainable electricity industry.
President Sirleaf noted in her letter to the Senate yesterday, that the Bill will establish and maintain transparency, accountability, and sound principles of governance in the electricity sector through appropriate institutional, market, and regulatory arrangements.
She said the Bill will ensure the security of the supply of electricity in the country and protect the interests of all classes of electricity consumers. As far as practicable, the continued availability of electricity for use in public hospitals and facilities for the disabled, aged and sick will be ensured.
Requesting an early passage of the Bill into law, President Sirleaf noted that the Bill takes into account the environmental protection and access to electricity for low income customers.
“Mr. Pro Tempore, this Bill should help enhance our energy capacity and together with amendments to the law establishing the Liberia Electricity Corporation, provide a framework for reform in the sector that would redound to the nation’s benefit,” the President’s letter read.
The Bill sponsored by Senators Peter S. Coleman, Nyonblee Karnga-Lawrence, and Geraldine Doe-Sherif, was sent to the committees on Lands, Mines and Energy, and Justice.