Reduce electricity tariffs by considerable amount: Sajith urges Govt.

10 February 2024 08:16 am - 18 - {{hitsCtrl.values.hits}}

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BY AJITH SIRIWARDANA AND YOHAN PERERA

Colombo, Feb 10 (Daily Mirror) - Opposition Leader Sajith Premadasa yesterday urged the government to reduce the electricity tariff by a considerable amount after analysing the data of the Verité Research and Committee on Public Finance on electricity tariff, which is said to be higher in South Asia.

The Opposition Leader told parliament that, according to the data on the surveys, Sri Lankans pay approximately 2.5 to 3 times more for electricity compared to their counterparts in other South Asian nations.

He said the government increased electricity tariffs on several occasions in the recent past and that it had negatively affected consumers, the public, industrial sector and business sector.

“We heard that the government is planning to reduce electricity tariff by 4 per cent. It is not at all sufficient. We urge the government to reduce the electricity tariff by a considerable amount,” he said.

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Comments - 18

First get your house in order Saturday, 10 February 2024 08:42 AM

Another vague statement by Mr. here nor there. Btw has your wife paid the 2 year rental errear on her business premises?

Prasanna Saturday, 10 February 2024 08:59 AM

There are good reasons why Sri Lankans pay approximately 2.5 to 3 times more for electricity compared to their counterparts in other South Asian nations. If he cannot understand the reasons why, he must surely be an idiot. No wonder he is not providing active support towards accelerating mega renewable energy projects in the country. What a moron!

TRoyb Saturday, 10 February 2024 09:06 AM

Of this should be done immediately atleast by 20-30 %. to ease the hardships facing by the people to some extent

English blue Saturday, 10 February 2024 09:33 AM

A man who cannot control his party men trying to dictate terms to RW/GOVT. Protesting only appease poor masses. Calm down SP, RW and Kanchana will take of it. Boo

Initiate Solar Panel Installation Saturday, 10 February 2024 09:49 AM

Good you are initiating reduction in tariffs. Why not your party form up a collective to support installing solar panels for the needy

Mass Production Using SJB’s Connections Saturday, 10 February 2024 11:57 AM

Also give discounted rates to those middle income families. Use your business connections to mass produce these panels to justify the cost. Your party will definitely score points for the next elections :)

Abd Sunday, 11 February 2024 07:56 AM

When consider current situation of the country any strong politician who has the backing from learnt engineers and technicians with pooled support financiers can make a lovely people friendly project ,which will benefit their election campaign too

Jude Saturday, 10 February 2024 10:23 AM

It ain't gonna happen!!!

Jude Saturday, 10 February 2024 10:25 AM

Government revenue have shrunk enormously therefore, they've to charge higher electricity charges!! Moreover, gov't need the next IMF tranche. Yeah.

Dimantha Saturday, 10 February 2024 12:09 PM

The bottom line is that the CEB cannot be subsidized by government revenue (taxes and levies). The CEB needs to price themselves to be self-sustainable. The CEB also has a pile of debt accumulated over the years that has to be paid back especially to the two state banks. For that they need to generate sufficient cash flow over and above the basic operational cash needs. Once that debt is gradually paid down the interest cost of operating the CEB would reduce proportionately and flow through and be reflected in future pricing.

Gamini Saturday, 10 February 2024 11:23 AM

any other request your Highness? And how exactly do you propose to do it? Reduction in traffic cannot be based on just comparison to other countries. How much does it cost to produce electricity those countries. Do politicians in those countries not pay their bills like in SL politicians

RexJarkie Saturday, 10 February 2024 12:25 PM

WHY DON'T SJB COLECTIVELY INSTAL THREE TO FOUR SOLAR PANELS IN ALL THE HOUSES AND RELIVE THEM OF THE HIGH ELECTCITY CHARGES PLEASE WHICH WILL BE OF GREAT HELP

Jabila Saturday, 10 February 2024 01:38 PM

This is possible at least by 25% considering the availability of hydro during heavy rainy season last quarter or so. People are overloaded and all sustainability, national security and progression of everything depend on the fact that only if working people can afford for their basic needs. But the agenda is opposite so the maste plan hidden meant to save only those who got the ability to live somehow(bribes,commission,theft) not just survive with a legitimate job wage.

Citizen k Saturday, 10 February 2024 03:09 PM

Dimantha ,the question is will they reduce the rates when debt burden reduces.In Sri Lanka they don't follow the theory 'what goes up must come down' ,it only goes up further.

Abd Saturday, 10 February 2024 04:51 PM

You should find parallel trustworthy promises to each of NPP’s brave,vote catching promises, for example,such as scrapping all perks including pension, vehicles, bangalows for parliamentarians out of tax payers money, you should not second to them

AJ Sunday, 11 February 2024 07:47 AM

This promise alone catches all the floating votes,our public seriously believing parliamentarians not developed the country but guise of developing they looted,their success in wealth and state of bankruptcy proving it, taxpayers need not to bear the brunt of such unnecessary burden, politicians come out with workable scheme and catch floating votes

Tissa Fernando Sunday, 11 February 2024 06:10 AM

Yes the CEB deficit will be paid off by Sajith.

Phil Sunday, 11 February 2024 06:11 AM

Sajith it is time to grow up. !!! Stop being a mama's boy.

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Reduce electricity tariffs by considerable amount: Sajith urges Govt.

Comments - 18

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