header logo
Mogo Academy
Latest
CEB slammed over proposal not to revise electricity tariffs
Dec 07, 202402:09 PM
CEB slammed over proposal not to revise electricity tariffs
Mobitel Inner

Numerous parties have voiced strong opposition to the Ceylon Electricity Board’s (CEB) recent proposal to the Public Utilities Commission of Sri Lanka (PUCSL) to maintain the existing electricity tariffs without any revision for the next six months.  

 

Critics argue that authorities must justify why the public is not benefiting from the increased hydroelectric power generation, which has surged following heavy rainfall across the country.  

 

Earlier this year, electricity tariffs were reduced twice under the policy of revising rates quarterly—by 21.9% in March and 22.5% in July. Although another revision was due in October, it was postponed to December.  

 

The PUCSL recently rejected a CEB proposal to reduce rates by 6% to 11%, asserting that a more significant reduction was possible given current conditions. 

 

The CEB’s latest proposal suggests no reductions for the next six months, citing that any possible adjustment would be as minimal as 1.02%.  

 

This decision has sparked public discontent, especially since hydroelectricity production has risen to 56% as of yesterday, with reservoir levels replenished after the heavy rains.  

 

However, the PUCSL has announced that it will issue its decision regarding the CEB’s proposal by the third week of January.

 

 

 

MostRead
Mobitel Upahara
VideoStories
Govt exerting influence over country's judiciary – Opposition Leader accuses

Govt exerting influence over country's judiciary – Opposition Leader accuses

Sri Lanka to strengthen preparedness for potential El Niño-related climate changes

Sri Lanka to strengthen preparedness for potential El Niño-related climate changes

Sri Lanka’s dengue death toll rises to 47 as cases exceed 67,000

Sri Lanka’s dengue death toll rises to 47 as cases exceed 67,000

Middle East conflict disruptions weigh heavily on Asia’s economic outlook, ADB warns

Middle East conflict disruptions weigh heavily on Asia’s economic outlook, ADB warns

Dengue cases remain high in Western Provincewith nearly 35,000 cases reported

Dengue cases remain high in Western Provincewith nearly 35,000 cases reported

Appeals Court postpones further consideration of Suresh Sallay’s petition until July 14

Appeals Court postpones further consideration of Suresh Sallay’s petition until July 14

Opposition Leader accuses govt of exploiting parliamentary rules to silence MPs

Opposition Leader accuses govt of exploiting parliamentary rules to silence MPs

Eight prison officers killed in Negombo Prison riots posthumously promoted

Eight prison officers killed in Negombo Prison riots posthumously promoted

Prison officer faces death threats after opening fire during Negombo Prison clash

Prison officer faces death threats after opening fire during Negombo Prison clash

Paddy procurement for Yala season set to commence on July 15

Paddy procurement for Yala season set to commence on July 15

71 Colombo University students contract dengue; several lectures moved online

71 Colombo University students contract dengue; several lectures moved online

Several opposition MPs criticize govt's handling of Negombo Prison unrest

Several opposition MPs criticize govt's handling of Negombo Prison unrest

Opposition MPs stage black armband protest in parliament over Negombo Prison unrest

Opposition MPs stage black armband protest in parliament over Negombo Prison unrest

Negombo Prison unrest: Remains of fallen officers brought to Welikada Prison for final respects

Negombo Prison unrest: Remains of fallen officers brought to Welikada Prison for final respects

Inflation accelerates to 6.8% in June as unemployment remains at 3.7% in Q1 2026

Inflation accelerates to 6.8% in June as unemployment remains at 3.7% in Q1 2026

Lassana Flora