The Electricity Board of Sri Lanka (CEB) has submitted a proposal to the Public Utilities Commission of Sri Lanka (PUCSL) to reduce electricity tariffs by 3% from July 1st. The proposal was handed over to the PUCSL on May 15th.

According to the officer of the CEB, the proposal for the revision of electricity tariffs was prepared based on actual electricity generation and sales data as well as the prices of fuel, coal, and other raw materials. The proposal was developed with the aim of providing maximum benefit to customers who use less electricity.

The CEB follows a bi-annual process of submitting electricity tariff revision proposals to the PUCSL on January 1st and July 1st. This proposal was submitted in accordance with that process. The official added that the proposal takes into consideration the electricity generation plan and requirement for this year.

If approved by the PUCSL, the proposed reduction in electricity tariffs will bring relief to consumers, especially those who use less electricity. The proposal reflects the CEB's commitment to providing affordable electricity to the people of Sri Lanka.