The Public Utilities Commission of Sri Lanka (PUCSL) today announced that electricity tariffs will be reduced by 20% for the first six months of this year.
According to the PUCSL, the reduction is effective from midnight today, 17 January 2025.
The PUCSL’s proposed reductions are as follows;
- Domestic tariff – reduced by 20%
- Places of worship – reduce by 21%
- Hotels – reduced by 31%
- Industries – reduced by 30%
- Government Institutions – reduced by 11%
The reduction in electricity tariffs has been announced at a time when the Ceylon Electricity Board (CEB) had proposed that tariffs should not be reduced for the next 06 months.
Accordingly, tariffs have been reduced by 29% for consumers who consume less than 30 units of electricity in the domestic sector.
The consumers who consume between 31 – 60 units of electricity in the domestic sector will receive a 28% reduction of the tariff.
Meanwhile, the bills of electricity consumers with monthly consumption between 61 and 90 units will be reduced by 19%.
Furthermore, an 18% tariff reduction has been granted for the consumers who consume between 91 – 180 units of electricity in the domestic sector.
The tariff reduction for the category of above 180 units of electricity is 19%.
The PUCSL has also decided to reduce the tariffs by 11% for the public sector, 31% reduction for the hotel sector and 30% for the industrial sector, while religious places will receive a 21% reduction in their electricity tariff.
Moreover, an 11% reduction of the tariff will be applied to street lights, Herath added.