The Hon. Kumara Jayakody
Hon. Kumara Jayakody stated that the Government’s target is to reduce one in three electricity bills within three years by lowering generation and purchase costs. He said the CEB’s average generation cost had fallen from Rs. 37 to Rs. 29 per unit since the Government assumed office, a 22 percent reduction, and that the target is to bring it down further to Rs. 25 per unit.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Mr. Speaker, as I have stated several times in this House, we say we will reduce one out of three electricity bills within three years. Because to reduce the bill, first the generation cost must necessarily be reduced. What is being done now is buying at higher prices and selling at lower prices. Therefore, either the purchase price or generation cost, the CEB’s average cost, must be reduced. When we assumed office, the average was Rs. 37 per unit. We have reduced it to Rs. 29 now. That means we have already reduced the average generation cost by 22 percent, with technology and all. The target is to reduce it to 25. I can very gladly say that we will definitely reduce it within three years. Yes, no problem. As for coal—
Provenance
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- Hansard, Thursday, 5 February 2026 ·No. 23269 ·English daily/uncorrected Hansard
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Cite as: The Hon. Kumara Jayakody. 10th Parliament, Parliament of Sri Lanka. Hansard, 5 February 2026. No. 23269. Politick, https://staging.politick.io/lk/speeches/12909