The Sri Lankan government has agreed to lower electricity tariffs by an average of 20 per cent, following a recommendation by the Public Utilities Commission of Sri Lanka (PUCSL), effective at midnight on Friday, January 17, 2025.
Minister of Energy Kumara Jayakody mentioned that a substantial decrease in electricity costs is a welcome relief for individuals, particularly those in the hotel industry and industrial sectors.
On Friday, the PUCSL announced a revision for the first six months of the year based on a review of proposals, cost data from the Ceylon Electricity Board (CEB), counter-proposals by the PUCSL, and public feedback.
For residential customers, the tariff cuts will differ depending on usage. Those using less than 30 units will experience a 29 per cent decrease, while those using 31 to 60 units will enjoy a 28 per cent reduction.
Households that use 61 to 90 units will get a 19 per cent reduction, and those using 91 to 180 units will receive an 18 per cent reduction. Tariffs will be reduced by 19 per cent for domestic usage over 180 units.
The public sector will see an 11 per cent decrease, hotels a 31 per cent, industrial consumers a 30 per cent, religious institutions a 21 per cent, and street lighting tariffs a 11 per cent.
Attribution: Xinhua
Subediting: Y.Yasser