LIBERIA ELECTRICITY REGULATORY COMMISSION (LERC)
JOB VACANCIES
BACKGROUND
The electricity sector of Liberia has been characterized by monopoly of supply of generation, transmission
and distribution services as well as the fusion of roles where the government combines policy-making,
regulatory and operator functions. To address the situation, Cabinet approved the National Energy Policy
(NEP) of Liberia in 2009 that provides for, among other things, the liberalization of the sector as well as
the separation of roles of policy-making, regulation and operation within the sector. Regulatory functions
relevant to the energy sector were resident in the Ministry of Lands, Mines and Energy (MLME), Ministry
of Commerce and Industry (MoCI), Liberia Electricity Corporation (LEC), Rural and Renewable Energy
Agency (RREA), Liberia Petroleum Refining Company (LPRC), National Oil Company of Liberia
(NOCAL), Environmental Protection Agency (EPA) etc. All state owned energy operators including LEC
and informal micro-utilities in Liberia have been self-regulating and the result has been poor quality, high
cost electricity services which is a major constraint to economic growth and poverty reduction. In response
to the above, the Government’s policy is, among other things, to promote further private sector
involvement by formally removing LEC’s monopoly, which requires an independent regulator to protect
consumers, ensure commercial operation of LEC and create a level playing field.
The 2015 Electricity Law of Liberia (Electricity Law) provides the legal basis for the establishment of the
Liberia Electricity Regulatory Commission (LERC) as the national Regulator, an independent agency with
respect to its budget, management, staffing and in the exercise of its duties and authorities (Section 13:3 of
the Electricity Law).
On October 2, 2015, the Republic of Liberia and the Government of the United States of America, acting
through the Millennium Challenge Corporation (MCC), entered into the Millennium Challenge Compact
(Compact) in which MCC granted up to Two Hundred Fifty-Six Million Seven Hundred Twenty-Six
Thousand United States Dollars (US$256,726,000) to the Liberian Government. The Compact seeks to
address two binding constraints to economic growth currently existing in Liberia: a) lack of access to
reliable and affordable electricity, and b) inadequate road infrastructure. MCC and the relevant
representatives from the Liberian Government developed the specific activities to which the Compact
funds would be applied. The duration of the Compact is five years so, with the Compact entering into force
on January 20, 2016, the access to the Compact’s funds ends on January 20, 2021.
The Millennium Challenge Account-Liberia (MCA Liberia) is a legal, independent and autonomous agency
of the Government of Liberia created by an Act of the National Legislature on October 23, 2015 to manage
the implementation of the Compact activities. The passage of the 2015 Electricity Law was a Condition
Precedent to the Millennium Challenge Compact funding. Capacity Building and Energy Sector Reform is
a key activity of the Compact’s energy project, which, among other things, includes support for the standing
up of the national Regulator, the Liberia Electricity Regulatory Commission (LERC). The Compact support
of the LERC, which is complementary to the EU Technical Assistance to the Commission, includes the
financing of start-up staffing and operational costs, conducting power sector studies and developing a
regulatory information management system in order to support LERC to become an independent and
effective regulator.
The tight timelines prescribed in the Law match the tight timelines in the Compact. As stated above, there
are roughly three years left within which the Compact can support the standing up of LERC. Many of the
early milestones of the Electricity Law have already been missed and therefore it is necessary to adopt
robust strategies to mitigate the lost time by fast-tracking the standing up of LERC that will enable it
exercise its authorities as per the Electricity Law.
REPUBLIC OF LIBERIA

MILLENNIUM CHALLENGE ACCOUNT
2
nd & 3rd Floors, F & F Building
63 United Nations Drive, Coconut Plantation, Mamba Point
Monrovia. Liberia
Tel: +231 7701 44444 / 0888 828 988;

Email: info@mca.gov.lr

The main purpose of the Electricity Law is to facilitate the implementation of the NEP, whose overriding
goal is universal access to high quality supply and service at cost-reflective but competitive prices. LERC
aims to ensure such universal access to environmentally, economically and socially sustainable services and
contributes to NEP’s goal by protecting the interests of consumers and investors that are currently
compromised by the abuse of the de facto but no longer de jure self-regulating powers of public and private
operators. LERC’s draft business plan, which is still subject to review and finalization once there is a critical
mass of key staff, highlights the core values of transparency, fairness and integrity and the following near
term strategic objectives of the LERC are designed to enable LERC to become a visible, credible and
financially sustainable organization within three years:
a. To ensure that regulatory functions currently undertaken by other agencies are transferred to, or
efficiently coordinated with the LERC according to the Electricity Law
b. To build human and financial capacity of LERC to be able to sustainably discharge all its functions
in a transparent, fair and ethical manner
c. To develop and implement regulatory procedures as well as licensing, technical and tariff
regulations to ensure compliance with the 2015 Electricity Law timelines
d. To ensure the orderly and formal development of the electricity sector
e. To promote public awareness, education and participation in the regulatory processes
In fulfilling and facilitating the above strategic objectives, the standing up of the Regulator will initially be
heavily dependent on donor financial and technical assistance which has a limited duration. This donor
support will include technical assistance in developing detailed regulations (including a grid code, tariff
application procedures, standards of service for different types of electricity suppliers, etc.) and
implementing the regulations after public consultation.

HOW TO APPLY

Please address your Letter of Application (signed), CV, and all supporting documents in portable
document format (PDF) to the following address below and submit via email to jobs@mca.gov.lr or apply through the system below.
no later than midnight on October 30, 2019:
Human Resource Manager
Millennium Challenge Account Liberia
F & F Building, 2nd & 3rd Floors
UN Drive, Coconut Plantation
Monrovia, Liberia
4. Please indicate position title in your email subject line
5. If you are applying for more than one positions, please submit a separate email along with the full
application package for each position indicating the respective position title in the subject line.

POSITION: FINANCIAL & ECONOMIC ANALYST
Reports to: Head of Economic Regulation
1. Roles and Responsibilities:
The key roles and responsibilities of this position are:
 To advise the Head-Economic Regulation on all regulatory issues relating to the economic and
financial performance of the electricity supply industry.
 To serve as lead technician on issues such as analysis of the electricity market structure,
benchmarking, financial analysis, financial performance assessment and audit of licensee(s) and
other related assignments.
2. Principal Areas of Accountability
The principal areas of accountability shall include but not be limited to the following:
 Leads market structure and financial performance benchmarking by undertaking supervised
research on market structures and submits recommendations on financial parameters such as
rates of return and weighted average costs of capital (WACC), and performance benchmarks to
guide licensees in formulating tariffs and terms of supply.
 Carries out financial analysis of the electricity supply sector by analyzing and producing reports
on economic and financial issues in licensing applications, business plans, power purchase
agreements, complaints and disputes.
 Leads financial audits of Licensees and ensure that audits are conducted based on the established
regulatory framework of the LERC.
 Undertakes any other relevant tasks as requested by the Managing Director
4. Qualifications and Experience
1. Degree in finance, accounting, economics or engineering. A graduate degree and experience in
utility regulation would be desirable.
2. Minimum 5 years of experience of increasing responsibility in accounting, financial management
or economic analysis at government, commercial or public enterprises/utilities.