Bloomberg News

Sri Lanka to Add Fuel Surcharge on Electricity Bills

February 15, 2012

Feb. 15 (Bloomberg) -- Sri Lanka will add a fuel surcharge on electricity bills following an increase in petroleum prices, Jayatissa de Costa, Chairman of the Public Utilities Commission, said in Colombo today.

Households will be imposed a surcharge of 25 percent to 40 percent, based on consumption, and 15 percent for hotels and industry, De Costa said. Schools, hospitals and religious places will be exempt from the surcharge, he said.

--Editor: Pradeep Kurup

To contact the reporter on this story: Anusha Ondaatjie in Colombo at anushao@bloomberg.net

To contact the editor responsible for this story: Jay Shankar at jshankar1@bloomberg.net


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