PUCSL to begin public consultation on proposed revision of electricity tariffs

INSUBCONTINENT EXCLUSIVE:
The Public Utilities Commission of Sri Lanka (PUCSL) says it will accept proposals from the general public on the electricity tariff hike
Utilities Commission of Sri Lanka, the electricity sector regulator, for an 82% increase in tariffs for the year 2022 under Section 30 of
the Sri Lanka Electricity Act No
electricity consumers, Mr
It accounts for about 50% of the total household electricity consumers
Therefore, the Public Utilities Commission of Sri Lanka has recommended to the Government to provide a subsidy of Rs
65 billion to that category of consumers
By providing this subsidy, the Ceylon Electricity Board will be able to avoid a large increase in tariffs for the category who consumes less
units will be increased to Rs
507
The average monthly bill for those who consume more than 30 units and less than 60 units, will increase to Rs
be maintained at 227 rupees and the average monthly electricity bill for consumers more than 30 units less than 60 units can be maintained
proposed for the entire domestic sector, it should not exceed 67 percent
The CEB also has proposed to increase electricity tariffs by 45 percent for general purpose consumers, 61 percent for industrial consumers,
price of a unit of electricity by 82% from Rs
18.14 to Rs
annual revenue of Rs
512 billion through this tariff revision
However, the recommendation of the Public Utilities Commission of Sri Lanka is that the price of an average unit of electricity should not
exceed Rs
28.14
We also recommend that the Ceylon Electricity Board should reduce their operating costs by 10 percent by increasing its efficiency and use
Implementation of a proper agreements to generate and supply electricity from power plants owned by the Ceylon Electricity Board.2
Implementation of a proper agreement method for electricity transactions between the Transmission and Distribution Divisions (between
licensees) of the Ceylon Electricity Board.3
Introduction of a proper system for keeping separate accounts for the financial activities of the various divisions of the Ceylon
Electricity Board (Generation, Transmission and Distribution) and determining the subsidy requirements.4
Introduction of an independent audit system for the process of purchasing electricity.The PUCSL points out that the cost and efficiency of
the CEB could not be properly identified due to the failure of implementing above steps.The PUCSL also asks CEB to accept the monthly
electricity bills in dollars from the companies who earns their income in dollars.Relevant information regarding the proposed tariff
Utilities Commission of Sri Lanka requests all parties, including the public, to submit their views and proposals regarding the tariff
revision
Written comments can be submitted by the email or fax until July 18, 2022, and details of the date and venue for the oral public
consultation session will be announced in due course
This article first appeared/also appeared in https://adaderana.lk