Thu, 23 Mar 2023 Today's Paper

Electricity consumers will be paid interest on security deposit: PUCSL

8 April 2021 03:31 pm - 0     - {{hitsCtrl.values.hits}}


Public Utilities Commission of Sri Lanka (PUCSL) has announced that interest will be paid to electricity consumers on their deposits made when applying for connections.

PUCSL Chairman Janaka Ratnayake announced an interest rate of 8.68 percent will be paid for 2021 starting, today.

The benefit provided to the consumer under Section 28 of the Sri Lanka Electricity Act, which specifies that an electricity consumer must be paid interest on the security deposit paid by his client company or licensee.

According to Ratnayake, the delay so far in paying the interest was due to a number of issues, including finalisation of the interest component to be paid. 

  Comments - 0

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment

Wokeism: Is it destructive, or are you afraid of change? A response

In order to critically discuss a movement, we must first understand its etymo

Defeat in Ananthapuram Battle denoted the LTTE’s end

Many battles were fought during the long war between the Sri Lankan armed for

Wokeism: A Weapon of Mass Destruction?

When can one say they’ve had enough of being in a state of ‘wokeness’ a

Fake news fraud using Prabha and family

Members of a dozen Sri Lankan Tamil families gathered in the evening at the r