The Public Utilities Commission of Sri Lanka (PUCSL) today announced that electricity tariffs will be reduced by 20% for the first six months of this year.
According to the PUCSL, the reduction is effective from midnight today, 17 January 2025.
The PUCSL’s proposed reductions are as follows;
Domestic tariff – reduced by 20%
Places of worship – reduce by 21%
Hotels – reduced by 31%
Industries – reduced by 30%
Government Institutions – reduced by 11%
The reduction in electricity tariffs has been announced at a time when the Ceylon Electricity Board (CEB) had proposed that tariffs should not be reduced for the next 06 months.
However, the PUCSL submitted a counter proposal, after which it conducted public consultations on the matter from 17 December 2024 to 10 January 2025.
According to the PUCSL, about 400 people submitted proposals in those sessions, which include that the electricity tariff should be reduced by 20 % (Newswire)
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