February 22, Colombo (LNW): The Ceylon Electricity Board (CEB) has announced plans to submit a proposal for electricity tariff reduction to the Public Utilities Commission of Sri Lanka (PUCSL) today (22).
The state-owned electricity provider aims to pass on the benefits of its profits to consumers through this tariff revision, according to CEB Spokesperson Eng. Noel Priyantha.
Power and Energy Minister Kanchana Wijesekera informed Parliament on February 22 that the CEB intends to lower rates by at least the same percentages as the increases implemented in October 2023.
Last year, electricity tariffs rose by 18 per cent for domestic and religious institutions, 12 per cent for industries and hotels, and 24 per cent for government entities.
