The Public Utilities Commission of Sri Lanka (PUCSL) took a significant step in advancing transparency and understanding in the energy sector by conducting an enlightening awareness session for officials from the Ceylon Electricity Board (CEB), Lanka Electricity Company (LECO), and the National Audit Office on Tuesday (29th Aug 2023) at Sri Lanka Institute of Development Administration.
The session, aimed to empower participants with essential insights into the intricate process of filing electricity tariffs for the years 2024-26 based on the cost reflective methodology approved by PUCSL . This initiative is part of PUCSL’s commitment to ensure fair and sustainable electricity pricing that benefits both consumers and industry stakeholders.
Key highlights of the awareness session included presentations by prominent experts in the field. Mr. Kanchana Siriwardena, Director of Tariff and Economic Affairs at PUCSL, provided a comprehensive overview of the legal and regulatory framework governing Electricity Tariffs in Sri Lanka. His expertise shed light on the complexities and intricacies of this vital aspect of the energy sector.
Further enriching the session, Mr. Hasanka Kamburugamuwa, Deputy Director of Tariff and Economic Affairs at PUCSL, delivered an enlightening lecture on the Transmission and Distribution tariff filing process. This session provided valuable insights into the technical nuances involved in tariff determination, ensuring that participants had a thorough understanding of the subject matter.
Participants were also made aware of the specifics surrounding Bulk supply tariff submission and end-user tariff design. This crucial information empowers industry professionals to make informed decisions that align with the national energy policy and economic stability.
Moreover, the session covered the critical aspect of Uniform National Tariff Adjustment and Data Requirements, providing a holistic perspective on the tariff setting process.
By organizing this awareness session, PUCSL underscores its dedication to fostering cooperation and mutual understanding between regulatory bodies and utility providers. It is envisioned that this initiative will contribute to the establishment of fair and competitive electricity tariffs, ultimately benefitting the people of Sri Lanka.
The Public Utilities Commission of Sri Lanka remains committed to its mission of promoting economic efficiency, competition, and the provision of high-quality utility services for the benefit of all Sri Lankans.
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