By Chaturanga Pradeep Samarawickrama   

The Public Utilities Commission of Sri Lanka (PUCSL) has approved an overall 14.2 per cent of electricity tariff reduction from today, subject to conditions, the PUCSL Chairman said.   The category with consumption of less than 30 units will be reduced by 65% of the cost.   The Consumers that come under the category of above 31 units and below 60 units are charged 51.5% of the total cost.   The consumers that come under the use of units of electricity between 61 and 90 will get a 24.5 percent  reduction. 

26.3 percent reduction will be imposed on the Hotel Sector. 

 
The remaining conditions relating to the 2023 electricity tariff revision are as follows:   
Nine percent reduction on Industry Category.   

Five percent reduction on Commercial Buildings. 16 percent overall reduction on religious purpose category.   
The PUCSL request  CEB and LECO to take prompt action to ensure that residents of all condominium properties are billed according to their respective tariff categories.   

They said the streetlight consumption should be metered or estimated, and the Local Authority or Road Development Authority shall be billed. 

 
The security deposits obtained from consumers will be invested and interest shall be paid out of the return on the investment.   

The interest on any security deposit obtained for the supply of electricity will be paid/ deducted from the monthly bill of all consumers.   

All due payments to Renewable Energy based electricity generators (including small scale roof top solar) have been requested to be settled as soon as possible.