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 Upahara
VideoStories
Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Chaos and uproar in Parliament after Speaker rejects request to debate issues within judicial sector

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

Govt. moves to amend laws to remove provisions on marking voters using indelible ink at elections

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

“This is injustice!”: Family appeals to Pope to intervene over continuous detention of Suresh Sallay

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Dengue cases increasing at an alarming pace; IDH, Kalubowila and Galle hospitals reach capacity

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

Sri Lanka's health system at risk due to surge in dengue cases; PHIs intensify crackdown

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

SJB-UNP coalition on the cards; Sajith calls for reduction in fuel prices, electricity tariffs

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Safeguard Suresh Sallay’s health and legal rights” Global Sri Lankan Forum writes to President

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

“Sri Lanka's core issue is weak financial literacy” -Derana Deputy Chairman Laksiri Wickramage

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Sarath Weerasekara writes to ARFRO on Suresh Sallay's behalf

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

Government puts up theatrics to avoid farmers' concerns – MP Dilith Jayaweera

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

‘We have no intention of following previous regimes’ – PM Harini Amarasuriya

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Suresh Sallay treated at National Hospital for 12 days; Maligakanda Magistrate visits for inspection

Govt. launches island wide dengue control programmes; public urged to stay vigilant

Govt. launches island wide dengue control programmes; public urged to stay vigilant

Farmers stage protests urging govt. to purchase paddy at a fair price

Farmers stage protests urging govt. to purchase paddy at a fair price

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

Lassana Flora