Home » CEB proposes new tariff reduction awaiting regulatory approval

CEB proposes new tariff reduction awaiting regulatory approval

written by MIAP Source

By: Isuru Parakrama

October 27, Colombo (LNW): The Ceylon Electricity Board (CEB) has submitted a fresh proposal to the Public Utilities Commission of Sri Lanka (PUCSL), aiming to implement a reduction in electricity tariffs.

This marks the CEB’s third tariff reduction proposal to the PUCSL within the year, reflecting efforts to adjust costs in line with evolving economic factors.

Pending regulatory approval, the precise percentage of the reduction will be announced by the PUCSL.

The anticipated tariff decrease is expected to bring financial relief to households and businesses, aligning with government objectives to ease the economic burden on consumers amid rising living costs.

The timing and extent of the proposed reductions are yet to be confirmed, but the CEB has expressed a commitment to an affordable energy framework that supports both economic recovery and sustainable power generation across the country.

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written by MIAP Source

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