No electricity price reduction for next six months: CEB

7 December 2024 02:36 pm Views - {{hitsCtrl.values.hits}} 48 Bookmark

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Ceylon Electricity Board (CEB) has decided not to change electricity tari for six months and to go for a revision by mid next year, it was revealed yesterday.

This was revealed in the tari revision proposal which was handed over to Public Utilities Commission (PUCSL) by the CEB.

The proposal signed by CEB General Manager K. G. R. F. Comester said the decision was taken to maintain the current tari levels considering the importance of maintaining the estimated
surplus.

“A surplus of Rs 2,334 million has been estimated for 2025 warranting a tari reduction of 1.02 per cent. Any variation of the estimate whether an excess or shortfall, will be accounted for the bulk supply transaction account (BSTA) and considered in the next tari revision. In the light of this and to ensure nancial and operational stability while avoiding potential risks to the reliability of power supply, CEB proposed to maintain the prevailing tari structure for the rst six months of 2025,” the CEB said.

Comments - 48

Grace Saturday, 07 December 2024 02:59 PM

Known devil is better than unknown angel. What can we expect from L board team?

11 63

Terry Sunday, 08 December 2024 06:36 AM

With the immaculate power of the truth and reconciliation, the people who are supreme will deal with it in next Aragalaya.

1 4

Sri lankan without Amnesia Sunday, 08 December 2024 09:54 AM

Actually JVP/NPP is NOT an ' UNKNOWN ANGEL'.If you were Alive back in 2004 ,you should be able to remember How they AKD,,VIjitha etc used to hold 3 cabinet portfolios in CBK's Government.Made an utter mess of all those ministries and left the Government abruptly after 18 months stating they can bring " "prosperity "to Sri lanka ONLY if they have the Full Control of the Government.Next day a few People's Alliance stalwarts ( If i can remember correctly ) like GL,Susil etc held a press conference to Reveal,despite allocating extra funds to all JVP run portfolios,they still did no significant work in their ministries.Just talk and talk only.This is why Late Mr Ronald Reagan once said,If you Put communists in-charge of all the Deserts in the world ,before one year is over ,they will run out of all the Sand but nothing to show for it.

2 10

Organic vegetables loving good Hitler Sunday, 08 December 2024 10:03 AM

What you say is exactly true.

2 6

Jayamaha Saturday, 07 December 2024 03:01 PM

Don't give jargon and mislead the public. Did you consider all these when incease tariffs twice within a short time. Totally unfair. Public should have taken to streets when it was increased exorbitantly to cover up inefficiency of CEB

4 38

Upulpb Saturday, 07 December 2024 03:06 PM

People in the country would like to know what government has to say on this.

3 44

Dee Saturday, 07 December 2024 10:15 PM

Please vote for them and give full control of local authorities.

1 2

Neo Sunday, 08 December 2024 10:12 AM

You don't know the answer? "hora kala"

0 3

Dee Saturday, 07 December 2024 03:27 PM

We are still watching! Please give full control of all local authorities to the NPP (JVP). Then there ‘may’ be a change! And let’s wait till 2048! Enjoy your Ride!

10 37

Yohan Saturday, 07 December 2024 03:38 PM

So No Plan Party failed once again to stick to its promise. Utter failure and a bunch of liars. Someone should take these fellows to courts for misleading the public, cheatimg with fake promises to gain power. Go gome npp

12 47

wickrama Wijayasiri Sunday, 08 December 2024 12:57 AM

Yes plan parties has done excellent to get us here.

4 2

YOHAN, STICK TO YOUR REPORTING FACTS NOT FICTION Sunday, 08 December 2024 01:14 AM

YOHAN, INSTEAD OF MOUTHING OFF CAN YOU TELL US ALL WHY YOU DID NOT ASK THIS QUESTION FROM YOUR LEADER WHEN HE WAS IN GOVT AND OR GOVT'S THAT RULED THIS PAST DECADE?? (FORGET ABOUT DECADES

2 4

Shalani Saturday, 07 December 2024 05:28 PM

Then, will they hold any bonus to their employees during this period too? A highly inefficient and corrupt institution with monopoly in the market has started making profits because the consumers are bearing the cost of corruption, mismanagement and inefficiency. Based on such artificial profit, employees are paid huge bonuses, the cost of which is born by the consumers. The only thing which has happened is shifting the burden of this cost from tax payers to consumers. What is the government going to do for this?

2 34

SLEx Saturday, 07 December 2024 06:10 PM

Is this because unreasonable demands need to be met to please the Govt affiliated trade unions? I hope not.

1 24

Gunapala Saturday, 07 December 2024 06:13 PM

Regardless of what CEB management says govt. must reduce electricity prices as promised by AKD prior to presidential election

1 46

Suresh Saturday, 07 December 2024 06:46 PM

Good move. Raise the funds to pay down borrowings as soon as possible. Then the consumers can have even bigger reductions. It will definitely pay off for the consumer too in the medium-long term.

26 5

karolis Saturday, 07 December 2024 09:40 PM

Wasn't Ranil going to do the same thing?

1 2

OVER TO ANURA'S ECONOMY/LEGAL ADVISORS Sunday, 08 December 2024 01:06 AM

SURESH, BRILLIANT IDEA. WE HOPE THE PRESIDENT'S ADVISORY TEAMS TAKE A LOOK IF YOU SUGGESTION IS A POSSIBILITY.

2 1

Waruna Sunday, 08 December 2024 06:26 PM

Ok to be fair, then stop their bonus and pay rises too accordingly.

0 0

Saman Perera Saturday, 07 December 2024 06:58 PM

Aiyyo. The NPP is following the same policies of Ranil. Then, better to have kept Ranil instead of eating lanu of the NPP

5 40

Burampi Sunday, 08 December 2024 12:14 AM

Exactly. All AKD can do is just keep looking and smiling like Burampi Mama, when others discuss serious matters.

0 6

james Saturday, 07 December 2024 06:59 PM

Your fixed cost are the same whether the customer consumes 1 unit of electricity or 100 units. Yet you charge the customer different rates based on consumption. You also charge different rates based on residential or business as if you incur more costs to supply electricity to business. This practice is highly unethical. Small shops should not be charged business rates as they pass down the cost to the customer. In fact, in some developed countries, industrial rates are cheaper than residential rates

2 15

R Navaratnam Saturday, 07 December 2024 07:03 PM

Ok, no price reductions for next six months.. So, CEB Union will have to explain in details to the mass the source of money for the recently requested bonus.

0 29

Shalani Saturday, 07 December 2024 07:03 PM

Will they hold the bonus to be paid to CEB employees during these 6 moths too? Any cost of mismanagement, corruption and inefficiency along with any accumulated losses of CEB will be borne by the consumers. Now the reported profits of CEB represent the unreasonable rates paid by the consumers to offset all of CEB losses and inefficiencies. Based on this artificially created losses, they are reporting profits and these are used to justify huge bonuses paid to employees. The only thing which has happened is shifting of the cost of CEB inefficiencies from tax payers to consumers. What's the government going to do for this?

0 19

wickrama Wijayasiri Sunday, 08 December 2024 01:10 AM

.....tax payers to the consumers... Meaning???

0 0

CJ Saturday, 07 December 2024 07:22 PM

@ Lawyers, is there any provision in the Lagal system for people to seek justice when politicians blatantly lie? They said it before they entered parliament so can't be under MPs privilage....people were so hopeful that at least some CoL will be reduced but its increasing even more and even th8ngs like fuel and electricity...this Government isn't reducing in spite of the assurance .

1 26

STOOGE MOUTHING OFF, WHILE LEADER IS DIGESTING HIS LOSS. Sunday, 08 December 2024 01:02 AM

CJ, DID YOU ASK THE SAME QUESTION WHEN THE PREVIOUS GOVT/S WERE RIDDLED WITH CORRUPTION AND DRAINING THE COUNTRY BRINGING IT TO ITS KNEES AND THE MAJORITY SUFFERING LIKE NO OTHER TIME IN OUR HISTORY?. DID YOU ASK THE SAME QUESTION WHEN THE PREVIOUS GOVT/S LIED OVER AND OVER AGAIN WITH LAME EXCUSES AND OR KEPT MUM AS NO ONE QUESTIONED THEM NOR NOTICED THE DRAINING UNTIL THE COUNTRY WENT BANKRUPT OVERNIGHT?. SHAME ON YOU. GET OVER THE FACT THE LEADER YOU SUPPORTED HAS BEEN WIPED OUT OF POLITICS, SEEN AND NOT HEARD!!.

2 0

Krishna Saturday, 07 December 2024 07:35 PM

Are they paying BONUSES to their employees..

0 20

Yoga Saturday, 07 December 2024 07:54 PM

In 6 months, we may see a severe drought, and the price reduction will get postponed till December and so on. Lol.

2 22

Kays Saturday, 07 December 2024 07:58 PM

No bonus too?

0 18

wickrama Wijayasiri Saturday, 07 December 2024 08:17 PM

Whatever it is please keep party politics out of it. Sound economics should govern. Having said that, the minister should appoint an independent review of CEB's operating efficiency. It should operated by an efficient management, paid fairly per national standards, but no more. NO sellouts to the private sector. Take over Adani Wind Power and invest in Solar power projects.

25 5

Ranjan Saturday, 07 December 2024 11:42 PM

Good for Nothing NPP Governance..!!

0 4

RanjithT Saturday, 07 December 2024 11:53 PM

If my memory serves me right Comrade Anura said electricity bill will be reduced by 1/3. That was before the elections. Now the conditions changed and it is necessary to adjust according to situation. What about 6.8 m voters who were gullible enough to believe them? Where art thou?

0 5

No to Bonus Sunday, 08 December 2024 12:05 AM

If No reduction then no additional costs should be incurred by paying bonuses

0 3

Pusa Sunday, 08 December 2024 12:43 AM

First Lie, then Steal: the new gov is no different from the previous lot. A wise man once said “the government we get is the one we deserve”…the joke is on us.

0 5

dinesh Sunday, 08 December 2024 12:51 AM

is the CEB still being run by the mafia ??? is the government sleep ??? more profit scraping the public to give themselves bonuses ??? whats going on ? Minister of power do you have a excuse for this...? after the PUCSL said the 11% revision was too low...now no change...what sort of sick joke is this ???

0 4

wickrama Wijayasiri Sunday, 08 December 2024 01:07 AM

Everybody wants a free ride and a free meal as it seems from the comments. One has to earn what one is consuming. I like it. No free meals unless you are destitute. Be innovative. Find solutions without complaining. Glad that the left has abandoned Marxism. We all want efficient, lean, and a just government with no corruption and nepotism. They, so far, have acted like the UNP of my father's era. What a pleasant surprise. As Kennedy said "Do not ask what the Country can do for You, ask what You can do for the Country"

6 2

Cheers Sunday, 08 December 2024 01:55 AM

Anura kumara and NPP and jvp go home api rawatuna let's start aragalaya in galleface to chase this government away

0 3

Tony Pereira Sunday, 08 December 2024 05:07 AM

Previous government had cost reflective pricing. What is the current government formula? There are rains throughout the catchment areas so cost generation is low for a few months. There must be a scientific forecast of generation cost and the tariffs reduced accordingly, especially to the low consumption consumers who are most affected by the recent price hikes.

0 3

Aki Sunday, 08 December 2024 06:14 AM

No reduction for next six months but there would be increased lol

0 4

Ranga Sunday, 08 December 2024 06:37 AM

You can't anything less from an monopoly If you reduce people will have to buy other means Two issues with CEB Power Generation Plan is outdated and expensive -my3 is responsible for this mess Secondly it's a monopoly with bloted and inefficient

0 0

Rishan Sunday, 08 December 2024 06:49 AM

Now the NPP members will say due to some agreements with 3rd party power suppliers, we cannot reduce the price. In fact part of the fault must go to previous government energy minister kanchana w. He should have reduced the tariff before the presidential election.

1 1

Nobody Sunday, 08 December 2024 08:11 AM

NPP thamai homdatama kera!!!! Dear fellow SLs don’t get upset about electricity prices… our great president opens the car door by himself.. that’s a system change…Please think about it when you pay your next bill…

0 4

Bernard Sunday, 08 December 2024 10:02 AM

Well ,Well Anura Kumara only Promised He will reduce the Electricity bill by 1/3rd after ' sulu kalayakin' he becomes the President.He can always argue in his books ' Sulu Kaalaya' means 5 years.Shame on the imbeciles who brought both Gota and This Pinocchio in to power.My heart goes out to the 58% of Sri lankans who saw thru the NPP/ JVP deception yet powerless due to the infighting between the two clowns at the helm of UNP/SJB

0 3

Liberal One Sunday, 08 December 2024 10:26 AM

It's the UNP lie machinery that went overboard with pathetic lies and paved for the communists to come to power. Let's not forget that.

0 1

Liberal One Sunday, 08 December 2024 10:14 AM

Correct 100%. Unfortunately Anura Kumara brainwashed these people and they genuinely believe development means free meals.

0 3

Rehan Perera Sunday, 08 December 2024 03:24 PM

Actually both UNP

0 0

Dilakshan Seneviratne Monday, 09 December 2024 11:45 AM

Silly comments without basis. Laughable. ELectricity Reform Unit DIrector General Pubudu Niroshan’s explanation is solid and his transparency is apparent to those who understand what he said.AKD has made the right choice in appointing him, he’s very articulate, clear and talks sense. He admitted that prices can’t be reduced by 30%. Miracles are not possible but with honest, hard work sans corruption, we can expect lower prices in the future. In the meantime, those who want, can shout as much as they want People will tolerate short term pain for long term gain. The mudslingers here are unrealistic and inconsiderate. are inconsiderate and unrealistic.

0 0

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