Energy Minister Kumara Jayakody told Parliament today that while the government does not intend to raise electricity tariffs, consumers may still feel the pinch as a portion of Sri Lanka’s mounting debt could be recovered through power bills.
“We also want to provide electricity to households and industries at the lowest possible price. That remains our core objective,” the Minister said, responding to questions in the House. “Sometimes the opposition complains, saying we are reducing prices. But if we reduce the purchase price, naturally the selling price reduces as well. That’s how the system works.”
He clarified that no tariff hike has been implemented under IMF pressure and that no final decision has been made yet. The Ceylon Electricity Board (CEB) has not submitted its updated cost calculations, and the Public Utilities Commission is expected to provide the data by the end of this month or early next month.
“We haven’t decided anything yet,” Jayakody assured. “We’re still optimistic that we won’t need to increase tariffs.”
However, the Minister admitted there’s a catch: Sri Lanka’s crippling debt burden may necessitate a partial cost recovery through electricity charges.
“There are debts to be paid,” he said. “And yes, some of that payment will be reflected in the electricity bill. We’ll have clarity by the beginning of next month. But let me be clear the government is not in a crisis mode. We’re managing.”
As the public awaits the Commission’s decision, power users remain caught between tariff anxiety and debt realities, uncertain whether relief or another bill shock awaits.
