News

Cabinet proposal to slash solar panel tariffs

Published

on

It’s reported that the government has decided to revise the payment rate per unit of electricity generated by rooftop solar panels.

Sources from the Ministry of Energy indicate that a cabinet paper has been submitted to the Cabinet of Ministers to implement these revisions based on recommendations from the Ceylon Electricity Board (CEB).

Accordingly, the unit price paid for rooftop solar electricity will be revised, with proposed adjustments based on the amount of electricity generated.

At present, the payment per unit is Rs.27, but under the new revisions, it is expected to be reduced to Rs.19.

For solar power systems generating less than 20 kilowatts, the proposed payment per unit is Rs.19. Systems generating between 20 – 100 kilowatts will receive Rs.17 per unit, while systems generating between 100 – 500 kilowatts will receive Rs.15 per unit.

However, these new tariff rates will apply only to newly installed rooftop solar systems, while existing installations will continue to receive payments at the current rate.

Related News :

Trending

Exit mobile version