The proposal for the electricity tariff revision due to be enforced on July 1 has been presented by the Ceylon Electricity Board (CEB) to the Public Utilities Commission of Sri Lanka (PUCSL).
The proposal was put forward last afternoon (May 15), in line with the Government Policy and Cabinet decisions taken in 2022 pertinent to the tariff filling provisions, that insists on biannual adjustments of the tariffs in January and July.
Hence, electricity prices are expected to be altered on January 1 and July 1 each year, in an attempt to execute a cost-oriented price structure.
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