The Public Utilities Commission of Sri Lanka (PUCSL) has decided that electricity tariffs will remain unchanged for the third quarter of 2026, despite rising generation costs.
Issuing a statement, the PUCSL said the decision follows a review of cost estimates submitted by the National System Operator Company (14500).
PUCSL said the increase in supply costs is limited to 0.3 percent (Rs. 417 million), making a tariff revision unnecessary. The tariff system applied in the second quarter will continue.
According to PUCSL, the first‑quarter revenue surplus of Rs. 30,118 million, which included additional coal‑related generation costs later excluded from tariffs, has been carried forward, leaving a balance of Rs. 26,753 million. When added to the estimated third‑quarter supply cost of Rs. 159,274 million, the total cost amounts to Rs. 186,027 million.
Revenue for the quarter, based on current tariffs, is calculated at Rs. 156,244 million. PUCSL noted that additional income sources, including the Rs. 6,943 million profit from 2025, government subsidies of Rs. 9,650 million for consumers, and Rs. 17,213 million for the National System Operator’s operations, bring total revenue to Rs. 185,610 million.
With the cost exceeding revenue by only Rs. 417 million, PUCSL concluded that no tariff hike is required for the quarter. (Newswire)
