CEB seeks 13.56 per cent tariff increase

The Ceylon Electricity Board (CEB) has requested a 13.56 per cent tariff increase, citing a forecasted revenue shortfall of Rs. 15.8 billion for the second quarter of this year, according to the Public Utilities Commission of Sri Lanka (PUCSL). 

Accordingly, the national energy provider has proposed distributing the 13.56% tariff increase equally across all consumer categories and blocks. This means that each consumer's monthly bill will be increased by 13.56 per cent, from the current level.

In accordance with Section 30 of the Sri Lanka Electricity Act No. 20 of 2009, the CEB submitted a tariff review proposal on February 13, covering the period of April–June 2026. 

According to the consultation document shared by CEB with PUSCL, the generation demand for the 2nd quarter of the year has been forecasted as 4,577 million units (GWh).

Reduction in generation forecast of Lakvijaya plant (Thermal – Coal) by 37 million units (37GWh) and increase in CEB power plant capacity cost by Rs. 858 million, compared to the previous forecast by CEB, are cited as major concerns with regard to generation mix and cost forecast.