The President of the Ceylon Electricity Boards Engineers Union says an increase in the monthly electricity tariff must be enforced promptly.
Anil Ranjith said a number of issues have arisen as a unit of electricity is currently provided to consumers at a low price in comparison to the cost.
When contacted by NewsRadio over a statement by Minister of Power Kanchana Wijesekera that electricity tariffs could be increased by 300-400%, Ranjith said the increase in electricity tariffs is a necessity as the Ceylon Electricity Board is incurring a cost greater than the price of a unit.
Ranjith said at present Rs.80-120 is incurred to produce a unit of electricity produced through the use of crude oil while Rs.40-45 is incurred to produce a unit through coal.
Ranjith added a unit of electricity is provided at Rs.17 at present adding prices must be revised for consumers with higher consumption.
He claimed the loss incurred by the CEB will reflect on the public and noted that CEB functions will be unsustainable under such circumstances.