December 06, Colombo (LNW): The Ceylon Electricity Board (CEB) has confirmed that it will submit its proposal for revising electricity tariffs to the Public Utilities Commission of Sri Lanka (PUCSL) today (06).
CEB Chairman Dr. Thilak Siyambalapitiya assured that the submission would proceed as planned. This proposal aims to revise tariffs for the first half of 2025, with implementation expected from the third week of January.
Under the former government, electricity tariffs were revised quarterly. However, in 2023, three revisions were made, while the current government has limited these changes to twice annually.
The submission follows an earlier tariff revision proposal in October for implementation in December. This included a proposed reduction of approximately 6% in electricity tariffs. However, PUCSL flagged significant errors in the document and requested corrections.
Despite granting multiple extensions—from November 8 to November 22, and finally to today—the PUCSL has warned that it will independently proceed with the tariff revision if the corrected proposal is not submitted on time.
