CEB Chairman rules out further electricity subsidies for low-income users
- 5opn1
- December 6, 2024
- Power and energy
- CEB Chairman rules out further electricity subsidies for low-income users
- 0 Comments
Ceylon Electricity Board (CEB) Chairman Dr. Tilak Siyambalapitiya recently said that further reductions in electricity bills for low-income electricity users are not feasible, citing the existing 80% subsidy already provided to this group.
Speaking at a panel discussion on the energy sector, Dr. Siyambalapitiya explained the financial strain of the current subsidy structure and emphasised the need for sustainable practices in the electricity sector.
“Low-income households already receive an 80% subsidy. For a bill of Rs. 1,000, they pay only Rs. 200. This subsidy is made possible through cross-subsidisation with commercial establishments paying Rs. 1,400 for a Rs. 1,000 bill and industrial users paying Rs. 13,000 for a Rs. 10,000 bill,” he said.
The CEB is expected to submit the revised tariff proposal to the electricity regulator – the Public Utilities Commission of Sri Lanka (PUCSL) –today (6).
