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jiraporn66
11 Aug 2022 - 06:17:59
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Sri Lanka raises electricity bill 264% for theSLOTXOfirst time in nine years, affecting people who use the least electricity.

On August 10, 2022, AFP reported that Ceylon Electricity Board (CEB), a monopoly power company by the Sri Lankan government. Announced that the tax will be raised to 264 percent for people who use the least electricity.


The CEB said it would allow the first tax hike in nine years from Wednesday. To compensate for the cumulative loss of up to 616 million US dollars or over 22 billion baht

The CEB also revealed that It has been asked to raise the tax rate as much as 800%, but regulators have set a ceiling on 264%.


Two-thirds of the 7.8 million households use less than 90 kW of electricity per month. will be the group that will be affected by this huge electric tax hike Originally charged at Rs 2.50 per unit to Rs 8.0 per unit.

The households that use more electricity Previously, the electricity cost of Rs 45 per unit had to be increased to Rs 75 per unit, or an increase of approximately 80%.

Sri Lanka is facing its worst economic crisis. after experiencing a shortage of foreign exchange reserves even unable to import important commodities such as food, fuel and medicine

Sri Lanka is also facing hyperinflation. and power outages for a long time After CEB can not buy oil for the heat generator.


The Sri Lankan government is unable to pay US$51 billion in foreign debt. and announced a default in April. Sri Lanka is negotiating with the International Monetary Fund for assistance.

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Mark Ultra
18 Aug 2022 - 09:04:04
482 Posts
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