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As enacted
Contents

Part II · Powers and Duties of Licensees

30. Tariffs

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

This section shall apply to—

(a)

tariffs or charges levied by the transmission licensee for the transmission and bulk sale of electricity

(hereinafter referred to as “transmission and bulk sale tariffs”); and

(b)

tariffs or charges levied by the distribution licensee for the distribution and supply of electricity (herein after referred to as “distribution and supply tariffs”).

(2)

Transmission and bulk sale tariffs and distribution and supply tariffs, as the case may be, shall, in accordance with conditions specified in the relevant licence -

(a)

be set by the relevant licensee in accordance with a cost reflective methodology approved by the

Commission;

(b)

permit the relevant licensee to recover all reasonable costs incurred in the carrying out of the activities authorized by its licence on an efficient basis,

(c)

be approved by the Commission in accordance with the policy guidelne approved by the Cabinet of

Ministers under section 5; and

(d)

be published in such manner as may be required by the Commission, in order to ensure public knowledge.

(3)

Where a transmission licence or a distribution licence, as the case may be, contains provision for transmission and bulk sale tariffs or distribution and supply tariffs, as the case may be, to be subject to review, the Commission shall (unless a procedure for the review of such tariffs is specified in the relevant licence) prescribe a procedure for review, which shall include—

(a)

a timetable for the review of tariffs by the

Commission; and

(b)

provision for consumers and other interested parties to participate in the procedure for review.

(4)

Notwithstanding any other provision of this Act, the

Commission may—

(a)

upon being satisfied of the adequacy of funds being provided by the Treasury to bear the cost of any subsidy approved by the Government to subsidize consumers ; and

(b)

considering any cross subsidy recoverable from such categories of consumers as determined by the

Commission, set tariffs and charges to be levied by the licensee, which reflect such subsidies.

(5)

In this section, “relevant licensee” means a transmission licensee in respect of transmission and bulk sale tariffs and a distribution licensee in respect of distribution and supply tariffs.

Read on from s 31

Part III

Modification and Enforcement of Licences

Read on from Part III

Schedules