No electricity tariff changes in 3Q: PUCSL

Tuesday, 4 August 2026 02:41 - - {{hitsCtrl.values.hits}}

Regulator says 0.3% increase in supply costs does not warrant tariff revision
Rs. 30.1 b 1Q surplus helps offset higher generation costs

The Public Utilities Commission of Sri Lanka (PUCSL) has decided to keep electricity tariffs unchanged for the third quarter of 2026, concluding that a marginal increase in supply costs does not warrant a tariff revision.

In a statement, the regulator said the decision followed a review of cost estimates submitted by the National System Operator Company (14500).

According to the PUCSL, estimated supply costs for the quarter increased by just 0.3%, or Rs. 417 million, allowing the tariff structure applied during the second quarter to remain in effect.

The Commission said the 1Q revenue surplus of Rs. 30,118 million, which included additional coal-related generation costs subsequently excluded from tariffs, had been carried forward, leaving a balance of Rs. 26,753 million.

When combined with the estimated 3Q supply cost of Rs. 159,274 million, the total cost for the quarter amounts to Rs. 186,027 million.

Revenue under the existing tariff structure is projected at Rs. 156,244 million. The PUCSL said additional revenue sources, including Rs. 6,943 million in profit from 2025, Rs. 9,650 million in Government subsidies for consumers, and Rs. 17,213 million allocated for the National System Operator’s operations, increase total revenue to Rs. 185,610 million.

With total costs exceeding projected revenue by only Rs. 417 million, the Commission concluded that an electricity tariff increase was not required for the third quarter.