Electricity tariff decrease planned

Sri Lanka currently has the highest electricity charges in South Asia, with households paying 2.5 to 3 times more for electricity than the average price paid by households in other South Asian countries, according to an analysis that was published this week.

To overcome this tariff decrease is planned for this month (February 2024) which would reduce the electricity charges by 4% or less. That decrease is too small to have a material impact. Sri Lankan households will continue to pay the highest prices for electricity, by far, in the South Asian region.

Published on PublicFinance.lk,this analysis by Verité Research looked at what households are charged for their electricity when consuming 100, 200 or 300 units, at the start of 2024. The second highest household electricity charges in the region are in Pakistan.

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