header logo
Vallibel FD
Selan Bank
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
Mobitel inner 1278

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

 

 

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
Railway unions warn strike action will intensify if govt fails to address issues

Railway unions warn strike action will intensify if govt fails to address issues

Rs. 145 million invested in youth research programme - PM Harini Amarasuriya

Rs. 145 million invested in youth research programme - PM Harini Amarasuriya

Met Dept. forecasts heavy rains in coming days, warns of possible floods and earth slips

Met Dept. forecasts heavy rains in coming days, warns of possible floods and earth slips

Construction of Mannar Hospital Emergency Treatment Unit begins under President’s patronage

Construction of Mannar Hospital Emergency Treatment Unit begins under President’s patronage

Heavy rains submerge Colombo roads; Showers above 100mm expected in several areas tomorrow

Heavy rains submerge Colombo roads; Showers above 100mm expected in several areas tomorrow

“Vital intelligence withheld”:  New allegations emerge in 2019 Easter Sunday attacks case

“Vital intelligence withheld”: New allegations emerge in 2019 Easter Sunday attacks case

Sri Lanka's economy grows 4.2% in Q2 despite Iran war, weak agriculture, slower services

Sri Lanka's economy grows 4.2% in Q2 despite Iran war, weak agriculture, slower services

2027 Appropriation Bill gets Cabinet nod; Draft to be gazetted before parliamentary submission

2027 Appropriation Bill gets Cabinet nod; Draft to be gazetted before parliamentary submission

10,000 job opportunities for Sri Lankans in Thailand under new labour pact

10,000 job opportunities for Sri Lankans in Thailand under new labour pact

Will Govt. increase fuel prices? CPC incurs losses due to sale of diesel, says Chairman

Will Govt. increase fuel prices? CPC incurs losses due to sale of diesel, says Chairman

Rain returns, bringing relief to drought-hit areas; Heavy rainfall predicted in the coming days

Rain returns, bringing relief to drought-hit areas; Heavy rainfall predicted in the coming days

“Let’s act before dengue gets worse!” Dengue control week begins across 15 districts

“Let’s act before dengue gets worse!” Dengue control week begins across 15 districts

Sri Lanka rejects stock of cancer treatment vaccines due to missing printed labels

Sri Lanka rejects stock of cancer treatment vaccines due to missing printed labels

Americans mark 25 years anniversary since September 11 terrorist attacks

Americans mark 25 years anniversary since September 11 terrorist attacks

Suspect arrested over illegal USD 80 million overseas transfers remanded until September 17

Suspect arrested over illegal USD 80 million overseas transfers remanded until September 17

Lassana Flora