Features
Windfall profits for a few: Electricity costs to increase further
by Dr Tilak Siyambalapitiya
The ink on the latest electricity tariff hike announcement is still not dry. Customers are severely stressed, with Sri Lanka’s electricity prices now reaching the highest in the region. A grocery shop in Sri Lanka pays the same price for electricity as his or her counterpart in Singapore, the highest in south and southeast Asia. A factory in Bangladesh, South Korea, Malaysia or Vietnam pays 40% less for electricity than in Sri Lanka. A medium household in Sri Lanka pays twice more for electricity than its counterparts in India, Hong Kong, Vietnam, Thailand and three times more than its Malaysian counterpart.
Eng. Parakrama Jayasinghe (The Island 30 Oct., 2023) has explained, among other things, why Sri Lanka’s electricity costs are on the rise. The present average cost of production is Rs 32. Older renewable energy agreements (mini-hydro, wind, solar parks, solar rooftops) are the only producers that sell electricity below Rs. 32. New renewable energy contracts are signed at Rs. 37 a unit or more. Electricity from diesel and fuel oil come at Rs. 80 a unit or more. So, electricity costs will rise further, because each additional unit of electricity, renewable or otherwise, is produced at Rs 37 a unit or more.
So, the price increase two weeks ago, which you will see in your bills soon, is certainly not the last. Costs in Sri Lanka will rise further, even if the rupee remains stable.
The Public Utilities Commission (PUC) approved the CEB’s request for the latest tariff hike subject to some recommendations. For example, it said, ‘Reduce the energy losses in the grid further … “send us your plan to do that.” One would have expected the PUC to take punitive action against the CEB for producing electricity from diesel at Rs 80, pushing the prices further up.
Hidden inside PUC’s list of recommendations is an innocent-looking clause, which says “Allow rooftop solar units to move between optional contracts”, which CEB never publicly asked for. Not even a suggestion to that effect was published in PUC’s brief put out for public consultation.
According to Mr. Jayasinghe’s reasoning in The Island, 30 October, new coal power costs Rs 20 a unit, new gas generation costs Rs 32 a unit, diesel or fuel oil is above Rs 80 a unit, new renewable energy agreements are at Rs 37 each a unit. Therefore, to a student of mathematics, in a country where electricity prices are the highest, the answer is simple. Replace diesel (80) with coal (20) and gas (32). Do the best to buy more renewable energy, too, at Rs 32 or less (not Rs. 37).
With PUC’s requests, the government immediately sprang into action. You may think that action was to implement cost reductions. You would have thought the government established a special task force to build cheaper power plants, both renewable and others, to reduce costs.
No! While PUC’s directives contained nothing substantial to REDUCE costs, the government swung into action to implement the only clause that would INCREASE the costs for CEB and LECO.This is how it will happen. I will explain it with an example.
Your company, say company X, has a factory, with a large roof. Responding to the government’s call to build solar roofs, you invested on a two-megawatt solar roof in 2016. You found an opportunity here by opting to sell all your electricity produced, at Rs 22 a unit. Electricity you buy for your factory was only Rs 11 a unit during 2014-2022 period, because PUC did not increase customer prices for eight years. So, you made a business decision, and signed a 20-year agreement. I will sell my solar electricity at Rs 22 a unit. Separately, remain as a customer buying electricity at Rs 11 a unit. Electricity for your night shifts, too, was bought at the subsidized price of Rs 6.85 a unit.
In 2016, you had a grand opening of your solar roof with the Minister of Power and Energy attending. You bought two-page advertisements in several newspapers to tell the world how environmentally friendly you are. You informed your buyers that you were now “green”. You said your electricity would be cheaper to society in the long run.
By 2022, you have recovered your investment with a profit. In 2023, your company faces reality. Electricity prices went up, and now you do not want to sell it to the grid, but use the production for yourselves. Why? Because you now sell it at Rs 22 a unit but buy it at Rs 37 a unit! Older contracts get paid Rs 15.50 a unit.
Ha ha!
As if the PUC recommendation was written elsewhere within days, the CEB and the LECO were ordered by the government to allow Company X, and thousands of others to do just that.
If yours is Bank B, you are in for a larger windfall. You can “sell” the electricity from your old rooftop unit at Rs 58’ it would otherwise have fetched Rs 15.50. The public that has no proper roof or funds to have solar units, have already paid for your rooftop investment twice over, and now they will pay for your windfall profit, too.
There goes the beauty of renewable energy. Expensive upfront and cheaper in the long-run. No! Not anymore (in Sri Lanka). It is now expensive upfront and expensive in the long-run, too!
This PUC decision to award windfall profits to thousands of solar producers such as Company X and Bank B will immediately cost about Rs 11 billion more per year, which will be passed on to the customers through the next price increase. The price increase will be blamed on the dry weather in February and March 2024.
And what is more, this recommendation will not produce even one more unit of electricity from renewables. Just pay more for already signed agreements, which at that time, promised cheaper electricity to the public in the longer term.
What next? Mini-hydro, wind, solar parks and biomass power suppliers, too, are knocking on PUC’s door asking for more money for their ageing power plants, for which the public have paid many times over. And, that decision, if ever made, will push electricity prices further up. It is only a matter of time.
Do not get it wrong. These decisions will not produce even one more unit of renewable energy, but simply increase their price.
I wish the late Eng. Wimalasurendra were around to claim that Laxapana he strenuously campaigned for and got built, though fully depreciated and paid for by the electricity customers for over three score and ten years, should also be allowed to sell electricity at Rs 37!
So that’s how Sri Lanka’s electricity sector undergoes ‘independent’ regulation by PUC.
Features
Political violence stalking Trump administration
It would not be particularly revelatory to say that the US is plagued by ‘gun violence’. It is a deeply entrenched and widespread malaise that has come in tandem with the relative ease with which firearms could be acquired and owned by sections of the US public, besides other causes.
However, a third apparent attempt on the life of US President Donald Trump in around two and a half years is both thought-provoking and unsettling for the defenders of democracy. After all, whatever its short comings the US remains the world’s most vibrant democracy and in fact the ‘mightiest’ one. And the US must remain a foremost democracy for the purpose of balancing and offsetting the growing power of authoritarian states in the global power system, who are no friends of genuine representational governance.
Therefore, the recent breaching of the security cordon surrounding the White House Correspondents’ Dinner in Washington at which President Trump and his inner Cabinet were present, by an apparently ‘Lone Wolf’ gunman, besides raising issues relating to the reliability of the security measures deployed for the President, indicates a notable spike in anti-VVIP political violence in particular in the US. It is a pointer to a strong and widespread emergence of anti-democratic forces which seem to be gaining in virulence and destructiveness.
The issues raised by the attack are in the main for the US’ political Right and its supporters. They have smugly and complacently stood by while the extremists in their midst have taken centre stage and begun to dictate the course of Right wing politics. It is the political culture bred by them that leads to ‘Lone Wolf’ gunmen, for instance, who see themselves as being repressed or victimized, taking the law into their own hands, so to speak, and perpetrating ‘revenge attacks’ on the state and society.
A disproportionate degree of attention has been paid particularly internationally to Donald Trump’s personality and his eccentricities but such political persons cannot be divorced from the political culture in which they originate and have their being. That is, “structural” questions matter. Put simply, Donald Trump is a ‘true son’ of the Far Right, his principal support base. The issues raised are therefore for the President as well as his supporters of the Right.
We are obliged to respect the choices of the voting public but in the case of Trump’s election to the highest public position in the US, this columnist is inclined to see in those sections that voted for Trump blind followers of the latter who cared not for their candidate’s suitability, in every relevant respect, and therefore acted irrationally. It would seem that the Right in the US wanted their candidate to win by ‘hook or by crook’ and exercise power on their behalf.
By making the above observations this columnist does not intend to imply that voting publics everywhere in the world of democracy cast their vote sensibly. In the case of Sri Lanka, for example, the question could be raised whether the voters of the country used their vote sensibly when voting into office the majority of Executive Presidents and other persons holding high public office. The obvious answer is ‘no’ and this should lead to a wider public discussion on the dire need for thoroughgoing voter education. The issue is a ‘huge’ one that needs to be addressed in the appropriate forums and is beyond the scope of this column.
Looking back it could be said that the actions of Trump and his die-hard support base led to the Rule of Law in the US being undermined as perhaps never before in modern times. A shaming moment in this connection was the protest march, virtually motivated by Trump, of his supporters to the US Capitol on January 6th, 2021, with the aim of scuttling the presidential poll result of that year. Much violence and unruly behaviour, as known, was let loose. This amounted to denigrating the democratic process and encouraging the violent take over of the state.
In a public address, prior to the unruly conduct of his supporters, Trump is on record as blaring forth the following: ‘We won this election and we won by a landslide’, ‘We will stop the steal’, ‘We will never give up. We will never concede. It doesn’t happen’, ‘If you don’t fight like hell, you’re not going to have a country anymore.’
It is plain to see that such inflammatory utterances could lead impressionable minds in particular to revolt violently. Besides, they should have led the more rationally inclined to wonder whether their candidate was the most suitable person to hold the office of President.
Unfortunately, the latter process was not to be and the question could be raised whether the US is in the ‘safest pair of hands’. Needless to say, as events have revealed, Donald Trump is proving to be one of the most erratic heads of state the US has ever had.
However, the latest attempt on the life of President Trump suggests that considerable damage has been done to the democratic integrity of the US and none other than the President himself has to take on himself a considerable proportion of the blame for such degeneration, besides the US’ Far Right. They could be said to be ‘reaping the whirlwind.’
It is a time for soul-searching by the US Right. The political Right has the right to exist, so the speak, in a functional democracy but it needs to take cognizance of how its political culture is affecting the democratic integrity or health of the US. Ironically, the repressive and chauvinistic politics advocated by it is having the effect of activating counter-violence of the most murderous kind, as was witnessed at the White House Correspondents’ Dinner. Continued repressive politics could only produce more such incidents that could be self-defeating for the US.
Some past US Presidents were assassinated but the present political violence in the country brings into focus as perhaps never before the role that an anti-democratic political culture could play in unraveling the gains that the US has made over the decades. A duty is cast on pro-democracy forces to work collectively towards protecting the democratic integrity and strength of the US.
Features
22nd Anniversary Gala …action-packed event
The Editor-in-Chief of The Sri Lankan Anchorman, a Toronto-based monthly, celebrating Sri Lankan community life in Canada, is none other than veteran Sri Lankan journalist Dirk Tissera, who moved to Canada in 1997. His wife, Michelle, whom he calls his “tower of strength”, is the Design Editor.
According to reports coming my way, the paper has turned out to be extremely popular in Toronto.
In fact, The Sri Lankan Anchorman won a press award in Toronto for excellence in editorial content and visual presentation.
However, the buzz in the air in Canada, right now, is The Sri Lankan Anchorman’s 22nd Anniversary Gala, to be held on Friday, 12 June, 2026, at the J&J Swagat Banquet Convention Centre, in Toronto.
An action-packed programme has been put together for the night, featuring some of the very best artistes in the Toronto scene.
The Skylines, who are classified as ‘the local musical band in Toronto’, will headline the event.

Dirk Tissera and wife Michelle: Supporting Sri Lanka-Canada community events, in Toronto, since launching The Anchorman
in 2002
They have performed and backed many legendary Sri Lanka singers.
According to Dirk, The Skylines can belt out a rhythm with gusto … be it Western, Sinhala or Tamil hits.
Also adding sparkle to the evening will be the legendary Fahmy Nazick, who, with his smooth and velvety vocals, will have the crowd on the floor.
Fahmy who was a household name, back in Sri Lanka, will be flying down from Virginia, USA.
He has captivated audiences in Sri Lanka, the Middle East and North America, and this will be his fourth visit to Toronto – back by popular demand,
Cherry DeLuna, who is described by Dirk as a powerhouse, also makes her appearance on stage and is all set to stir up the tempo with her cool and easy delivery.
“She’s got a great voice and vocal range that has captivated audiences out here”, says Dirk.
Chamil Welikala, said to be one of the hottest DJs in town, will be spinning his magic … in English, Sinhala, Tamil and Latin.

Both Jive and Baila competitions are on the cards among many other surprises on the night of 12 June.
This is The Anchorman’s fifth annual dance in a row – starting from 2022, 2023, 2024 and 2025 – and both Dirk and Michelle, and The Anchorman, have always produced elegant social events in Toronto.
“We intend to knock this one out of the park,” the duo says, adding that Western music and Sinhala and Tamil songs is something they’ve always delivered and the crowd loves it.
“We have always supported Sri Lanka-Canada community events, in Toronto, since launching The Anchorman, in 2002, and we intend to keep it that way.”
No doubt, there will be a large crowd of Sri Lankans, from all communities, turning up, on 12 June, to support Dirk, Michelle and The Anchorman.
Features
Face Pack for Radiant Skin
* Apple and Orange:
Blend a few apple and orange pieces together. Add to it a pinch of turmeric and one tablespoon of honey. Apply it to the face and neck and rinse off after 30 minutes. This face pack is suitable for all skin types.
According to experts, apple is one of the best fruits for your skin health with Vitamin A, B complex and Vitamin C and minerals, while, with the orange peel, excessive oil secretion can be easily balanced.
* Mango and Curd:
Ripe mango pulp, mixed with curd, can be rubbed directly onto the skin to remove dirt and cleanse clogged pores. Rinse off after a few minutes.
Yes, of course, mango is a tasty and delicious fruit and this is the mango season in our part of the world, and it has extra-ordinary benefits to skin health. Vitamins C and E in mangoes protect the skin from the UV rays of the sun and promotes cell regeneration. It also promotes skin elasticity and fights skin dullness and acne, while curd, in combination, further adds to it.
* Grapes and Kiwi:
Take a handful of grapes and make a pulp of it. Simultaneously, take one kiwi fruit and mash it after peeling its skin. Now mix them and add some yoghurt to it. Apply it on your face for few minutes and wash it off.
Here again experts say that kiwi is the best nutrient-rich fruit with high vitamin C, minerals, Omega-3 fatty acids and vitamin E, while grapes contain flavonoids, which is an antioxidant that protects the skin from free radical damage. This homemade face pack acts as a natural cleanser and slows down the ageing process.
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