One of the major functions of the Authority is to regulate electricity prices so as to ensure both security and availability of supply on one hand and balance interests of all stakeholders on the other. As a result, in February 2012 the Board approved a document that is known as the Lesotho Tariff Filing Procedures 2012. The purpose of this procedure is to provide a clear, consistent set of steps to be adhered to by staff of the Authority in reviewing tariff submissions and making recommendations to the Board regarding the approval or modification of tariffs proposed by the regulated entities such as the Lesotho Electricity Company (LEC).
To ensure transparency, the procedure informs the regulated entities in the electricity, urban water and sewerage services subsectors on the steps that will be taken by the Authority and thereby encourage the former to prepare their submissions in such a manner calculated to avoid delays.
Lesotho Electricity and Water Authority (LEWA) was established through the Lesotho Electricity Authority (LEA) Act. No. 12 of 2002 as amended. The Authority operates in line with the Government policy on electricity and water supply matters. LEWA is funded through License fees and customer levies.