Electricity prices proposed to be reduced effective from last midnight Domestic tariff reduced by 20 %

• Electricity tariffs for religious places of worship and charitable institutions will be reduced by 21 %
• Electricity tariffs for hotels will be reduced by 31 % and for the industrial sector by 30 %

By Chaturanga Pradeep Samarawickrama

The Public Utilities Commission of Sri Lanka (PUCSL) proposed to reduce electricity tariffs by 20 per cent from last night after reviewing the revised proposal submitted by the Ceylon Electricity Board for the first six months of 2025, PUCSL Communications Director Jayanath Herath said.

Addressing the media he said the decision was taken following a counter-proposal prepared by the PUCSL and the views and suggestions submitted during the public consultation on them.

Accordingly, the revised electricity tariffs will be implemented from midnight yesterday, he said.

The Ceylon Electricity Board (CEB) had proposed to maintain the existing tariffs for the first six months of 2025. After reviewing the expenditure and revenue estimates, a proposal was published for public consultation yesterday.
In accordance with the provisions of the Sri Lanka Electricity Act and the Sri Lanka Public Utilities Commission Act, nine public consultations were held covering all nine provinces on the draft proposal and views and suggestions were obtained from December 27 to January 10, 2025.

Nearly 400 representatives participated in these public consultations and submitted views and suggestions. After reviewing those proposals, the final recommendations on the revision of tariffs in accordance with the electricity tariff methodology were submitted to the Commission yesterday by the permanent staff of the Sri Lanka Public Utilities Commission. After studying the recommendations, the commission that met yesterday took the final decision to reduce electricity tariffs by 20 %.

According to the electricity tariff revision, electricity tariffs for the domestic sector have been reduced by 20 %. Electricity tariffs for religious places of worship and charitable institutions will be reduced by 21 %. Electricity tariffs for hotels will be reduced by 31 % and for the industrial sector by 30 %. Electricity tariffs for the public sector have been reduced by 12 %. Rates for government institutions have been reduced by 11 % and for street lamps by 11 %.