The Public Utilities Commission states that its attention has not yet been focussed on increasing electricity tariffs.
The Ceylon Electricity Board in the wake of furnace oil prices being increased by the Ceylon Petroleum Corporation has requested of the PUC to permit an increase in electricity tariffs.
However Chairman of the PUC Attorney-at-Law Jayathisssa De Costa noted that
until present a need has not arisen to revise the prices of electricity tariffs.
According to the Chairman of the PUC since water levels at catchments areas remain more than sufficient to generate electricity supplies, the loss incurred by the CEB at present has been minimised.
Meanwhile it is reported that gas corporations have also requested of the Public Utilities Commission to permit an increase in LPG gas prices, due to the escalation in gas prices in the world market.
Hence gas corporations have requested of the PUC to permit a revision in
gas prices by around 150 rupees per unit.
The final revision on gas prices was carried out last July by 150 rupees, following which Litro & Laughfs gas brands are being sold in the market at present for 2246 rupees per unit.