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When Electricity Prices Rise but Regulations Don’t

Photo courtesy of LTLT In the first quarter of 2026, the Ceylon Electricity Board’s plan of increasing electricity tariffs by 11.57% has understandably sparked public anxiety around affordability. In a shaky economy, electricity prices are foremost on the minds of households, businesses and industry, and discussions about fairness are unavoidable. But tariffs are more than just prices. They are also signals. Yet, read side by side with the National Electricity Plan, the latest tariff proposal exposes something deeper than cost recovery. It reveals how the electricity system operates when times get challenging. The central question is not whether electricity should…

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