⚡ PUCSL Launches Public Consultation on Q2 & Q3 Electricity Tariffs 📈

The Public Utilities Commission of Sri Lanka (PUCSL) has initiated a review of electricity tariffs following a revised cost estimate driven by rising global fuel prices. • Financial Impact: The system operator estimates a deficit of approximately Rs. 38 Bn for the second and third quarters of 2026 due to higher generation costs. • Government Subsidy: A Rs. 15 Bn subsidy will be implemented from 10 May to cushion the impact on the public. • Consumer Protection: Nearly 95% of users—including households, religious institutions, and tourist hotels (under 180 units)—will not face tariff hikes. • Industrial Relief: The first sub-category of the industrial sector is proposed to receive similar relief to maintain economic stability. • Cost Exclusion: Additional expenses stemming from coal supply constraints will not be passed on to consumers. Key Dates: • Written submissions accepted until 6 May. • Oral consultation at BMICH on 6 May. • Final tariff decision announcement expected on 9 May.