264% increase in electricity rate in Sri Lanka: Regulator permission, said- Change is necessary to make up for losses

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264% increase in electricity rate in Sri Lanka: Regulator permission, said- Change is necessary to make up for losses
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3:27 PM August 9, 2022
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Tariffs will be increased by 264% for people who consume low power consumption in Sri Lanka. Whereas this rate will be low for more consumption people. The Ceylon Electricity Board (CEB) said that the regulator, which has fixed the tariff, has allowed to increase it on Tuesday. This increase is happening for the first time in 9 years. The new rates will be implemented from 10 August 2022.

officials said CEB had asked to increase the tariff of more than 800%. But the regulator changed it to 264% by changing it. CEB has so far lost $ 61.6 million due to electricity rates. Which has been increased in such rates to compensate.

2.50 rupees will now be charged Rs 8 per unit charge

According to the official record Families will be the most affected. Whereas those using more than 90 kW electricity will have to pay only 80% of the bill. So far, consumers giving Rs 2.50 per unit charge will now be charged Rs 8 per unit. At the same time, consumers consumed more than Rs 45 per unit will have to pay 75 ₹ per yenit charge.

Long power black out

CEB is not able. Because of which the country has been facing hyperflination and long -standing electricity black out. The government said that it is talking to the International Monetary Fund.

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