Water tariffs set to drop following electricity rate reduction

Date:

February 09, Colombo (LNW): The Ministry of Urban Development, Construction, and Housing has announced that water tariffs will be adjusted in response to the recent decrease in electricity prices, with the new rates due to come into effect at the end of February.

Ministerial Secretary Ranjith Ariyarathne confirmed that a proposal from the National Water Supply and Drainage Board (NWSDB) to lower water tariffs had been received.

This proposal, which was drawn up by the relevant committee, has now been forwarded to the Minister for approval.

Ariyarathne assured the public that once the revised rates are approved by the Cabinet of Ministers, they will be officially announced.

The NWSDB has indicated that the reduction could range from 10% to 30%, providing significant relief to consumers.

This move comes as part of a broader effort to align utility costs with recent drops in electricity prices.

The government hopes this will ease the financial burden on households and businesses alike, encouraging more sustainable consumption of both water and energy.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka Targets Pharmaceutical Exports amid Industry Growth

In a renewed push to expand its export base,...

South Asia’s Premier Fight League Heads to Colombo, Boosting Sports Tourism

Sri Lanka is set to become the regional hotspot...

Bold Reforms Critical to Sustain Sri Lanka’s Economic Recovery, New Report Warns

Sri Lanka must act urgently to implement bold economic...

UK Duty Relief Offers Respite from US Tariffs on Lankan Apparel Sector

Sri Lanka’s apparel sector has received a significant boost...