The Public Utilities Commission of Sri Lanka (PUCSL), the regulator of the electricity industry has approved a new electricity tariff revision providing reliefs to domestic electricity consumers. The new rates will be effective from 10 th of August 2022. Commenting on the new tariff revision, Mr....
The new tariffs are made according to the least cost based method. The tourism industry will get tariff hikes in two stages, due to the precarious situation of the industry. People who earn more than 60 percent of income in forex will have to pay electricity bills with dollars, said Ratna...
The Public Utilities Commission Of Sri Lanka (PUCSL) has approved the electricity tariff revision effective from Oct 20, 2023, to June 30, 2024. Tariff Structure
The President said this in a special letter yesterday (September 23) addressed to the Maha Nayaka Theras’ of the Malwathu, Asgiri, Amarapuraand Ramanya Chapters about the difficulties faced by religious institutions due to the electricity tariff revision. In his letter, the President has said ...
ECONOMYNEXT – Public Utilities Commission of Sri Lanka (PUCSL), the island nation’s power regulator, has taken a U-turn and agreed to the cabinet decision on a retrospective electricity tariff hike with immediate effect after a meeting with President Ranil Wickremesinghe. ...
A 2.5% social security tax will be added to the electricity tariff with effect from October 01, 2022, the Public Utilities Commission (PUCSL) says. PUCSL chairman Janaka Ratnayake mentioned this in a clarification issued to explain how the Social Security Contribution Tax affects electricity bill...
The increase of the electricity tariff is not possible to manage in most of the institutions. Therefore the need arises to minimize the electricity tariff in possible ways. This paper presents the possible methods such as the use of low energy consumed electrically operated equipment with automatic...
The increase accelerates again around 2012, when the purchasing scheme changed to the feed-in-tariff (FiT), which purchases all PV electricity. Although the market penetration percentages of EV and HEV are still only 0.19% and 7.76%, respectively, in 2015 [18], rapidly-increasing use of EV,...
At that time, some electricity companies operated a split tariff system where the cost of electricity for lighting was lower than that for other purposes, which led to low wattage appliances (e.g. vacuum cleaners, hair dryers, etc.) being connected to the light fitting. The picture below ...
Meanwhile, Power and Energy Minister Kanchana Wijesekara has said that a power tariff revision may be necessary to cover costs as the Victoria, Rantambe, Randenigala and Samanalawewa reservoirs have not received adequate rainfall in order to generate hydro power. (Colombo/Oct05/2023) ...