Sri Lanka announces anticipated electricity bill revision

State Minister for Power and Energy Indika Anuruddha shared crucial updates on the power sector, revealing that the necessary data for reducing electricity bills has been submitted to the Public Utilities Commission. He revealed this during a media briefing at the Presidential Media Center on Friday (05).

State Minister Anuruddha expressed optimism about a forthcoming revision of the electricity bill, with expectations set for implementation by the first week of February. This announcement comes as part of the government’s commitment to ensuring a fair and sustainable energy pricing structure.

During the media briefing, the state minister unveiled a new generation plan that outlines the ambitious goal of procuring nearly 600 megawatts of electricity from renewable sources in 2024. Emphasizing the importance of transitioning to cleaner energy alternatives, Anuruddha highlighted the government’s dedication to achieving 70% of electricity generation from renewable sources.

Reflecting on the advancements made in the power sector in 2023, the state minister underscored the significant strides taken to address shortcomings in the existing Electricity Act. 

The introduction of a new Act aimed at prioritizing high-quality consumer service and incorporating provisions related to consumer protection and regulation marked a pivotal moment in the sector’s evolution.