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LNP - No electricity price reduction for next six months: CEB

07 Dec 2024 By Tyronne Jayamanne Local
LNP - No electricity price reduction for next six months: CEB

Ceylon Electricity Board (CEB) has decided not to change electricity tari for six months and to go for a revision by mid next year, it was revealed yesterday. This was revealed in the tari revision proposal which was handed over to Public Utilities Commission (PUCSL) by the CEB. The proposal signed by CEB General Manager K. G. R. F. Comester said the decision was taken to maintain the current tari levels considering the importance of maintaining the estimated
surplus. “A surplus of Rs 2,334 million has been estimated for 2025 warranting a tari reduction of 1.02 per cent. Any variation of the estimate whether an excess or shortfall, will be accounted for the bulk supply transaction account (BSTA) and considered in the next tari revision. In the light of this and to ensure nancial and operational stability while avoiding potential risks to the reliability of power supply, CEB proposed to maintain the prevailing tari structure for the rst six months of 2025,” the CEB said.

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