CEB proposes 18.3% electricity tariff hike from June 2025
The Ceylon Electricity Board (CEB) has proposed an 18.3% increase in electricity tariffs, effective from June 1, 2025.
The proposal was submitted to the Public Utilities Commission of Sri Lanka (PUCSL) on May 16, 2025.
According to CEB Acting Chairman Udayanga Hemapala, the proposed tariff hike is intended to cover an estimated deficit of Rs. 42.2 billion for the period between June and December 2025.
The final decision on the proposed revision is expected to be announced by the PUCSL within this month.
In its submission, the CEB also noted that any difference between the estimated and actual financial figures, whether a surplus or a shortfall, will be reflected in the Bulk Supply Transaction Account (BSTA) and considered in future tariff adjustments.
If approved, the new electricity rates will be applied to all consumers starting June 1, 2025.
Latest Headlines in Sri Lanka
- IRGC Chief Hossein Salami killed in Israeli strike, Iran confirms June 13, 2025
- Air India flight AI171 crashes after takeoff from Ahmedabad, 242 on board June 12, 2025
- Over 5 Million Toque Macaques in Sri Lanka – Census Report June 12, 2025
- Sri Lanka Prisons Spokesman quits over pardon scandal June 12, 2025
- Sri Lanka to cultivate unused lands to ensure food security June 12, 2025