Sri Lanka will increase electricity tariffs by up to 18 percent as rising fuel costs and energy supply disruptions linked to the Middle East conflict continue to pressure the country’s power sector.
According to the Public Utilities Commission of Sri Lanka, the higher tariff will apply mainly to industries, hotels, businesses, government institutions, and consumers using more than 180 kilowatt hours of electricity per month.
Lower-income household users consuming below that level will remain unaffected.
The latest adjustment follows a 40 percent electricity tariff hike introduced last month, alongside fuel price increases and fuel rationing measures. Rising energy costs have pushed inflation in Sri Lanka to 5.4 percent in April.
Sri Lanka is still recovering from its 2022 economic crisis and is implementing reforms under a $2.9 billion bailout program from the International Monetary Fund.
