CEB proposes new tariff reduction awaiting regulatory approval

Date:

By: Isuru Parakrama

October 27, Colombo (LNW): The Ceylon Electricity Board (CEB) has submitted a fresh proposal to the Public Utilities Commission of Sri Lanka (PUCSL), aiming to implement a reduction in electricity tariffs.

This marks the CEB’s third tariff reduction proposal to the PUCSL within the year, reflecting efforts to adjust costs in line with evolving economic factors.

Pending regulatory approval, the precise percentage of the reduction will be announced by the PUCSL.

The anticipated tariff decrease is expected to bring financial relief to households and businesses, aligning with government objectives to ease the economic burden on consumers amid rising living costs.

The timing and extent of the proposed reductions are yet to be confirmed, but the CEB has expressed a commitment to an affordable energy framework that supports both economic recovery and sustainable power generation across the country.

Share post:

spot_imgspot_img

Popular

More like this
Related

Health Officials Warn of Rising Viral Infections and Dengue Risk

Health Officials Warn of Rising Viral Infections and Dengue Risk

Government Targets Up to $2 Bn in Foreign Investment This Year

Government Targets Up to $2 Bn in Foreign Investment This Year

RDA to Launch Second Phase of Rural Road Upgrade Drive

RDA to Launch Second Phase of Rural Road Upgrade Drive

CEB Workers Seek Ministerial Action as Retirement Delays Deepen Crisis

CEB Workers Seek Ministerial Action as Retirement Delays Deepen Crisis