header logo
Asia asset finance
Mogo Academy
Latest
Final decision on proposed electricity tariff revision on May 9
Apr 29, 202610:08 AM
Final decision on proposed electricity tariff revision on May 9

The decision on the revised electricity tariffs is scheduled to be announced on May 9, the Public Utilities Commission of Sri Lanka (PUCSL) stated.

 

Accordingly, the Commission said that public consultations on the special electricity tariff revision proposal for 2026 will begin today (29).

 

Due to rising global fuel prices, the National System Operator (Pvt) Ltd. submitted a revised cost estimate for electricity generation for the second and third quarters of 2026 to the Commission for approval on April 27, 2026.

 

Based on the cost estimate, the Commission has decided to conduct a public consultation on the proposed electricity tariff revision.

 

The consultation document on the proposed tariff revision includes the following points:

  • Providing a government subsidy of Rs. 15 billion to electricity consumers starting May 10
  • Recommending that tariffs not be increased for 95% of electricity consumers, including households and religious institutions, through government subsidies
  • Recommending no tariff increase for subcategories under public services, government institutions, and tourism hotels with monthly consumption below 180 units
  • Recommending no tariff increase for the first subcategory in the industrial sector
  • Continuing measures to ensure that additional costs caused by coal-related issues are not included in electricity tariffs

The PUCSL estimates that the National System Operator will face a deficit of Rs. 38 billion due to increased electricity generation costs in the second and third quarters of 2026.

 

This deficit does not include additional expenses incurred due to coal-related issues.

 

The government has already informed the Commission, through the Treasury, of its decision to provide Rs. 15 billion as a subsidy to cover part of the total deficit.

 

After reviewing the electricity generation cost estimates submitted by the National System Operator, the Commission published the consultation paper on tariff revisions today (29).

 

All stakeholders can review the consultation paper and submit their views and proposals.

 

Written submissions will be accepted until May 6, 2026, and an oral hearing session will be held at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo.

 

Comments and proposals can be submitted via post, email, WhatsApp, or fax.
Prior registration is required for oral submissions, and participants can register by calling 076 427 1030.

 

After considering the submitted views and proposals, the Commission has decided to announce the final decision on electricity tariffs on May 9, 2026.

 

Written submissions regarding the special electricity tariff revision for 2026 can be sent through the following methods:

 

By post:

 

Public Consultation on 2026 Special Electricity Tariff Revision
Public Utilities Commission of Sri Lanka
6th Floor, Bank of Ceylon Merchant Tower
St. Michael’s Road
Colombo 3

 

Email: consultation@pucsl.gov.lk

 

Fax: 0112392641

 

WhatsApp: 0764271030

 

 

 

 

 

MostRead
Mobitel 5g
VideoStories
Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Court declines request for daily access to detained ex-SIS Director Suresh Sallay

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Colombo HC dismisses Shashi Weerawansa’s appeal over passport case

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Satyagraha staged against Suresh Sallay’s detention temporarily suspended after court decision

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Court appoints five-member special medical panel to examine Suresh Sallay’s health condition

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Opposition calls for fair investigation into Easter attacks and Suresh Sallay

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Cabinet Spokesman rejects accusations, says Suresh Sallay treated like any other detainee (English)

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Minister claims funds transferred to foreign companies via ‘TT’ payment method, posing as importers

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

Suresh Sallay continues hunger strike; UNP calls for parliamentary review of treatment (English)

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Executive undermining judicial independence” Sajith says public trust on government is eroding

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

“Family & legal intervention made hospitalization possible”Suresh Sallay remains under hospital care

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Satyagraha campaigned launched at Colombo Fort in support of Suresh Sallay who is detrained by CID

Lassana Flora