News Today: Sri Lanka electricity tariffs remain unchanged despite CEB’s proposed 6.8% hike

The Public Utilities Commission of Sri Lanka (PUCSL) has officially announced that Sri Lanka electricity tariffs remain unchanged for the next three months. This decision comes after a review of a proposal submitted by the Ceylon Electricity Board (CEB), which had requested a 6.8 percent increase in electricity rates for the final quarter of 2025.

PUCSL Chairman, Prof. K.P.L. Chandralal, shared details during a media briefing, stating that the Commission decided not to approve the CEB’s proposed tariff hike. Consequently, the current electricity rates will continue from midnight today until the next scheduled tariff revision.

Earlier in 2025, on January 17, the PUCSL approved a significant 20 percent reduction in electricity tariffs. Compared with rates in January 2024, the current tariffs now reflect an overall 44 percent decrease. This decision has helped ease the financial burden on households and businesses across Sri Lanka.

The CEB initially submitted its request for a tariff increase on August 27, 2025, citing a projected revenue shortfall of Rs. 7.7 billion. Following revisions submitted on September 30 and October 1, 2025, the expected shortfall was reported to potentially rise to Rs. 20.8 billion. Despite these figures, the PUCSL prioritized public interest and opted to maintain existing rates.

The decision to keep tariffs steady will provide stability for electricity consumers and allow households and businesses to plan their energy expenses without sudden cost increases. As Sri Lanka continues to face economic challenges, the PUCSL’s move ensures that electricity remains affordable for the general population while the CEB explores alternative strategies to address revenue gaps.

The public can expect the next review of electricity tariffs at the end of the three-month period, after which the PUCSL will reassess any proposals for adjustments. This announcement underlines the Commission’s commitment to balancing utility sustainability with consumer protection.