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 The
Lesotho Electricity Authority (LEA) is the organisation
set up by the Lesotho Electricity Authority Act,
2002 LEA Act to regulate and control the activities
of the electricity supply sector in Lesotho. The
LEA is expected to get funding from licensed electricity
operators and levy paid by electricity customers.
However, in the start-up phase it is funded by
the Lesotho Government with the assistance of
the African Development Bank (AfDB) and World
Bank (WB).
By
law, the formal decision-making powers of the
LEA rest with the Board. The Board Members are
supported by the Chief Executive and his staff
to conduct the in-depth analysis and evaluation
required to establish a detailed regulatory framework
of regulations, licences, consents, codes etc,
together with the underlying policies and principles
that govern how the regulated electricity sector
operates.
Board
Members are required to attend regular meetings
of the LEA, and other meetings that may be necessary
from time to time. Members need to keep abreast
of the present and potential future work of the
LEA. They are not involved in the day-to-day management
and functioning of the LEA but they are required
to consider and approve financial, budgetary and
staffing aspects of the LEA. Board Members are
appointed by the Minister of Natural Resources.
The
LEA Board has, for internal efficiency purposes,
established four Board Committees, which generally
do a lot of work that the board sittings as such,
are not in a position to do. These are: the Audit,
Human Resources, Finance and Administration, Customer
Services and Pricing and Tariffs Committees.
Board
Members have qualifications (university degrees)
in the following areas: industry, commerce, law,
accountancy, economics, engineering, electricity
technology and experience relevant to regulation
of the electricity sector.
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