PUCSL takes Final decision on electricity tariffs on 17 Jan. 2025
- 5opn1
- January 1, 2025
- Political
- PUCSL takes Final decision on electricity tariffs on 17 Jan. 2025
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The Public Utilities Commission of Sri Lanka (PUCSL) estimates a reduction of Rs. 16.2 billion in energy costs compared to the Ceylon Electricity Board’s (CEB) proposal for revision and opined it could result in a tariff decrease of up to 11.8%, challenging the utility’s request to maintain the current tariff structure in the first half of 2025.
The CEB estimates a total energy cost of Rs. 173.7 billion with a projected deficit of around Rs. 38.9 billion if existing tariffs persist. As per the proposed tariff structure, the CEB suggests maintaining the existing rates, claiming that the projected revenue shortfall of Rs. 2.3 billion is within an acceptable error margin.
Disputes CEB’s reliance on CPC fuel prices without formal agreements, estimating an additional Rs. 27.6 b savings with recalculated fuel costs It Highlights inefficiencies in CEB’s planning, projecting 1,973 GWh of renewable energy vs. CEB’s 1,675 GWh, 2,368 GWh of hydro power vs. CEB’s 2,217 GWh
Forecasts Rs. 28.6 b surplus by incorporating hydro, renewable energy generation estimates PUCSL Reveals high tariffs have led to 30% rise in electricity disconnections in 1H of 2024, severely impacting industrial and religious users
