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ECONOMYNEXT – Energy regulator, the Public Utilities Fee of Sri Lanka (PUCSL) is not going to settle for any electrical energy tariff hike even when the cupboard approves the ability minister’s proposal, the PUCSL Chairman Janaka Ratnayake stated.
The proposal to extend the electrical energy tariff in two levels this yr was offered to the cupboard on Monday (02) by the Minister of Energy and Vitality Kanchana Wijesekera, however the approval has been delayed by every week amid sturdy opposition to the transfer.
“The proposal is predicated on false info and figures. Due to this fact Even when the choice is taken by the cupboard, we is not going to settle for it,” Ratnayake advised reporters at a media briefing on Thursday (05).
“We have now the ability vested with us to reject it. Due to this fact we urge the general public to not panic. The PUCSL just isn’t contemplating any tariff hike in the mean time”.
The proposed tariff hike is predicated on info and figures offered by the state owned utility supplier, Ceylon Electrical energy Board’s (CEB) Basic Supervisor, a senior engineer and the Ministry Secretary, Ratnayake stated.
“Fortunately the cupboard didn’t take any beneficial determination on this regard. In the event that they took a call, it could have been based mostly on flawed info and figures” Ratnayake stated.
“And due to this fact, we urge the cupboard members to not take a call based mostly on this unlawful proposal however to correctly undergo the proper channels the place the PUCSL will contemplate and take applicable selections”
“There’s a division in CEB to make selections on the tariff and the proposal of that must be handed by the Director Board of the CEB. Nevertheless, the present proposal has not handed any of these levels”, he stated.
The brand new proposal has prompt solely to extend the tariff of 5 million folks which might be utilizing beneath 90 models, and the ministry hopes to earn 100 billion rupees in 2023, Ratnayake stated.
There are round 1.5 million households utilizing beneath 30 models, and round 1.6 million uniots whilc are utilizing beneath 60 models and 1.7 million households utilizing beneath 90 models, in accordance with Ratnayake.
“The eight rupees that we charged per unit for the beneath 30 unit class will go as much as thirty rupees and the 120 rupees of fastened price will likely be elevated to 400 rupees. The ten rupees per unit that was for the beneath 60 class, will go as much as 37 rupees ,and the 16 per unit cost for beneath 90 and 120 class will go as much as 42 rupees,” he stated.
“The 50 rupees per unit for the above 120 models class and the 75 rupees for above 180 models class has not elevated. The fastened price will likely be elevated by round 500 for these classes”.
He stated, there was no want for an influence tariff hike, contemplating the provision of the uncooked supplies for energy technology and a secure rupee after depreciating sharply.
The CEB just isn’t managing the elevated operational revenue they get correctly, he stated including that after the tariff hike in August,2022 the operational revenue of the utility supplier has gone as much as 35 billion rupees.
“We strongly advocate the board to handle that quantity earned from the residents of this nation correctly, earlier than going for a restructuring” he stated. (Colombo/ Jan 5/2023)
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