header logo
Asia asset finance
Latest
Electricity tariffs to be reduced by July; proposed rates announced
Jun 06, 202412:11 PM
Electricity tariffs to be reduced by July; proposed rates announced

Minister of Power and Energy Kanchana Wijesekara revealed that it has been proposed that the electricity tariffs be reduced by 01 July 2024.

 

Speaking during today’s Parliamentary session, Wijesekara stated that accordingly, it is expected that more relief will be given to the consumers of the domestic category and that the relevant proposal will be approved by the Public Utilities Commission of Sri Lanka (PUCSL).

 

The Minister also explained that it has been proposed to reduce the rate charged per one unit of electricity for the first 30 units in the domestic category by Rs.02. Accordingly, the new rate per one electricity unit in that category will be Rs. 06.

 

The tariff charged per unit for the units consumed between 31-60 is expected to be reduced by Rs. 11, bringing down the rate charged per unit to Rs. 09. 

 

Meanwhile, for 60-90 units the charge is to be reduced to Rs. 18. The current rate charged per unit in this category is Rs. 30, according to the minister.

 

Furthermore, Wijesekara also disclosed that the tariff charged per unit for the units consumed between 90- 180 will be reduced by Rs. 20, bringing down the rate charged per unit to Rs. 30.

 

In addition, the Minister stated that the relevant proposal will be forwarded to the Public Utilities Commission tomorrow (07) or Monday (10) and it is expected to be approved.

 

 

 

MostRead
Mobitel 5g
VideoStories
“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

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Govt assures fair paddy prices aligned with farmers' production costs

Govt assures fair paddy prices aligned with farmers' production costs

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

Private bus operators demand 5% fare revision following the fuel price hike

Private bus operators demand 5% fare revision following the fuel price hike

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

Lassana Flora