Electricity Tariff in Sri Lanka slashed by 22.5% effective July 16, 2024

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The Public Utilities Commission of Sri Lanka (PUCSL) has announced a 22.5% electricity tariff revision, effective tomorrow (July 16).

PUCSL Chairman Professor Manjula Fernando shared the details of this change.

Starting at midnight, electricity tariffs will decrease by 25% for domestic consumers using less than 30 units. The unit price will drop from Rs 8 to Rs 6.

For consumers using between 61 and 90 units, bills will be reduced by 55%, with the unit price falling from Rs 20 to Rs 9.

Religious places will also see a tariff reduction of over 30%, as mentioned by Professor Fernando.

He noted that stakeholders expressed concerns about reductions for minor industries and hotels.

In response, a 33% reduction has been approved for these sectors during daytime hours, applicable to both low voltage and 33kV systems.

Meanwhile, seven conditions have been set, including the requirement to issue printed electricity bills upon consumers’ request.

Additionally, conditions have been imposed to enter into agreements with the Ceylon Petroleum Corporation for purchasing fuel for electricity generation.

The electricity tariff revision and the bill after the revision are as given below:

Sri Lanka's electricity tariffs

Domestic electricity bill after applying the revised electricity tariff in Sri Lanka