Public Utilities Commission of Sri Lanka approves electricity tariff revision

The Public Utilities Commission of Sri Lanka (PUCSL) has approved the electricity tariff revision with effect from tomorrow (July 01).

The PUCSL said the lower electricity users in the category of 0 – 30 units per month will receive a 65% electricity tariff reduction, while the unit price will be slashed by Rs. 10  from tomorrow.

Furthermore,

• 51.5 percent reduction on the electricity users who are under the category of units 31-60
• 24.5 percent reduction on the electricity users who are under the category of units 61-90
• 26.3 percent reduction on Hotel Sector
• 9 percent reduction on Industry Category
• 5 percent reduction on Commercial Buildings
• 16 percent overall reduction on religious purpose category
• 0.8 percent reduction on Government

The PUCSL requests the CEB and LECO to take prompt action to ensure that residents of all condominium properties are billed according to their respective tariff categories.

The Commission also said streetlight consumption too should be metered or estimated, and the Local Authority or Road Development Authority be billed.

Security deposits obtained from consumers shall be invested and interest shall be paid out of the return on the investments.

The interest on any security deposits obtained for the supply of electricity shall be paid/deducted from the monthly bill of all consumers.

Also the PUCSL directed to execute fuel supply agreements with CPC and Lanka Coal Company and establish Power Purchase Agreements between CEB transmission and CEB generation plants, Power Sales Agreements between Distribution Licensees and CEB Transmission Licensee.

All due payments to Renewable Energy based electricity generators (including small scale rooftop solar) to be settled as soon as possible.