The Ministry of Power announced today that the electricity tariff revision proposed by the Public Utilities Commission of Sri Lanka (PUCSL) will be implemented following guidelines set by the Ministry of Finance.
The PUCSL’s recommendations include a 20% overall reduction in electricity tariffs, effective from midnight tonight. These changes were finalized earlier today during a meeting held by the PUCSL and later detailed at a press conference by the Commission’s Director of Communications, Jayanath Herath.
Herath explained the tariff adjustments across various sectors, highlighting significant reductions in domestic and industrial rates. For the domestic sector:
- Consumption of 0-30 units: 29% decrease
- 31-60 units: 28% decrease
- 61-90 units: 19% decrease
- 91-180 units: 18% decrease
- Above 180 units: 19% decrease
Other sectors will also benefit:
- Public sector: 11% decrease
- Hotel and industrial sectors: 31% decrease
- Religious sector: 21% decrease
- Street lighting: 11% decrease
“For instance, a domestic monthly bill of 280 rupees for 30 units will drop to 195 rupees, marking a 30% reduction. Similarly, for 60 units, the bill will fall from 700 rupees to 500 rupees, a 29% decrease,” Herath elaborated.
The Ministry of Power confirmed in a statement that the tariff reductions would be executed in alignment with the Finance Ministry’s guidelines, pending formal receipt of the PUCSL’s recommendations.
