CEB to cut tariffs, off relief to low income groups
- 5opn1
- November 18, 2024
- Power and energy
- CEB to cut tariffs
- 0 Comments
The Ceylon Electricity Board (CEB) is set to lower electricity tariffs as it continues to operate profitably under the direction of the president.
This marks the first tariff revision by the new administration, which will be finalised within the next few weeks. The revision aims to provide substantial relief to low and middle-income households, addressing public concerns about affordability.
The CEB has announced that it will submit revised proposals to the Public Utilities Commission of Sri Lanka (PUCSL) by next week.
Previously submitted proposals were returned by the PUCSL for revision, following concerns over transparency and fairness in the initial calculations. The commission had requested that the CEB address inconsistencies in the tariff adjustment formula before resubmitting it by November 8.
