A comprehensive discussion was held yesterday involving energy sector professionals, specialists, the Public Utilities Commission of Sri Lanka (PUCSL), representatives from the Ceylon Electricity Board (CEB), and various stakeholders within the electricity sector.

The deliberations commenced following a detailed presentation by the CEB, shedding light on the current financial situation and the intricacies of energy pricing. The presentation provided a comprehensive overview of the challenges and factors influencing electricity tariffs in Sri Lanka.

Key aspects discussed during the session included the methodology employed in determining electricity tariffs, existing policy frameworks, and strategies that the CEB could employ to reduce tariff rates effectively in January. Stakeholders engaged in a thorough examination of observations, calculations, and potential inaccuracies identified in CEB's data, aiming to ensure a transparent and accurate basis for tariff revisions.

Suggestions for the January tariff revision were put forth, emphasizing the need to strike a balance between the financial sustainability of the CEB and ensuring reasonable and fair rates for consumers. The discussions delved into innovative approaches to cost reduction and efficiency improvements within the energy sector.