Liberia’s Senate has recently passed into law the 2015 Electricity Law by unanimous vote this last Thursday. In June 2015, the President of Liberia, Ellen Johnson Sirleaf, submitted to the Legislature a bill entitled 2015 Electricity Law of Liberia and a civil society electricity advocacy group forwarded a similar bill for consideration at that time. On August 26, 2015, a public hearing was held concerning the proposed bill by a joint senate committee made up of the committees on Lands, Mines, Energy, Natural Resources and Environment and others.
Now that the law has passed, it will aim to liberalize the electricity sector in order to drive the competition which could lead to better access, quality, and lower cost. It also looks to establish legal and regulatory framework for the transmission, distribution, and retail sale of electricity which will hopefully create an enabling environment for investment in the private energy sector in Liberia.
Now that the law has passed, it will aim to liberalize the electricity sector in order to drive the competition which could lead to better access, quality, and lower cost. It also looks to establish legal and regulatory framework for the transmission, distribution, and retail sale of electricity which will hopefully create an enabling environment for investment in the private energy sector in Liberia.
