The Sri Lanka People’s Commission today decided to reduce electricity tariffs with effect from 16 July 2024.
The Commission announced its decision today after studying the proposal submitted by the Ceylon Electricity Board for the second revision of electricity tariffs this year and after taking into consideration the suggestions and opinions presented during the public consultation held in this regard.
Accordingly, domestic, religious places, hotels. Electricity tariffs of all consumer categories like industries, public utilities and government institutions will be reduced from tomorrow.
Although the Ceylon Electricity Board’s resolution had limited the overall reduction in electricity rates to 10 percent, the commission increased the overall rate reduction to 22.5 percent. Accordingly, the fees for the domestic sector have been reduced as mentioned below.
The second electricity tariff revision for this year is scheduled to be announced today (15).
- The reduced electricity rates will be effective from tomorrow
- A reduction of 27 percent to the domestic sector
- Electricity charges will be reduced by 30 percent for religious places
- 25 percent for hotels and industrial sectors
- Power bills of public utilities and government institutions also down
- Total reduction is 5 percent
Electricity Tariff Changes (Effective from July 16, 2024)
| Customer Category | Previous Unit Price | Unit Price Effective from July 16, 2024 | Previous Monthly Charge | Monthly Charge Effective from July 16, 2024 |
|---|---|---|---|---|
| Units less than 30 | 8 | 6 | 150 | 100 |
| Units from 31 to 60 | 20 | 9 | 300 | 250 |
| Units more than 60 | ||||
| Units from 0 to 60 | 25 | 15 | ||
| Units from 61 to 90 | 30 | 18 | 400 | 400 |
| Units from 91 to 120 | 50 | 30 | 1,000 | 1,000 |
| Units from 121 to 180 | 50 | 42 | 1,500 | 1,500 |
| Units more than 180 | 75 | 65 | 2,000 | 2,000 |
| Source | https://www.pucsl.gov.lk/press-release-15-july-2024/ | |||
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What is electricity tariff?
Electricity tariff refers to the pricing structure or rate charged for the consumption of electricity by residential, commercial, or industrial users. It is typically set by government authorities like Ceylon Electricity Board (CEB).
