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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Electricity chargers gonna be increased

Electricity chargers gonna be increased

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1Electricity chargers gonna be increased Empty Electricity chargers gonna be increased Wed Feb 15, 2012 4:15 pm

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Heard by 40% from tomorrow onwards? Shocked

FXX

FXX
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Electricity chargers gonna be increased 1857299143bill2222222

sapumal


Vice President - Equity Analytics
Vice President - Equity Analytics
How they calculated 40% from today ?
Is somebody come to our home to check meters today ?
Otherwise we will got charged for first 14 days

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics
@Roboticfx wrote:Heard by 40% from tomorrow onwards? Shocked

dan nam parata bahinnama wenawa

FXX

FXX
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
osmand wrote:
@Roboticfx wrote:Heard by 40% from tomorrow onwards? Shocked

dan nam parata bahinnama wenawa

wedi kanna wena wadak

opfdo

opfdo
Vice President - Equity Analytics
Vice President - Equity Analytics
@FXX wrote:
osmand wrote:
@Roboticfx wrote:Heard by 40% from tomorrow onwards? Shocked

dan nam parata bahinnama wenawa

wedi kanna wena wadak

wedi kagena hari bahinna wenawa. because we are hurting from every side.

thilankad

thilankad
Manager - Equity Analytics
Manager - Equity Analytics
osmand wrote:
@FXX wrote:
osmand wrote:
@Roboticfx wrote:Heard by 40% from tomorrow onwards? Shocked

dan nam parata bahinnama wenawa

wedi kanna wena wadak

wedi kagena hari bahinna wenawa. because we are hurting from every side.

SIRAMA KATHAWA MAMAT ONI WELAWAKA READY ME BURU YAKKU KANNEWA APE ANAGATHE Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad Evil or Very Mad

http://thilankadinush.blogspot.com/

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Message from derana says they are going to increase the fuel surcharge by 40% for over 60units.

What have they meant by Fuel surcharge...is it total bill or a fraction of it ?

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Fuel Surcharge is applicable to the total bill I think.. I'm not sure..

The irony is; Govt can reduce their applicable tax for fuel and reduce the price, then can lift it up by 3-4 rupees, and again if they've done this in phases, ppl would not feel it as a huge increase in one go as of now.. Govt could've earned few marks over this if this would've been done..

Now the problem is; whose giving advises to the govt? Economic experts? I doubt..
I dont think the ppl representatives of this govt has a vision or a general idea of how the economy would run, then again the niche who knows something just stay aside to let the idiots run the scene..

Be-aware.. wear helmets before u get into the streets to protest, u can never know when a bullet goes thru ur head Wink

Roboticfx

Roboticfx
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
yes, applied to the total bill. I have to restrict the time of using computer. sad, We can't bear these costs any more. I feel like crying.

11Electricity chargers gonna be increased Empty Re: Electricity chargers gonna be increased Wed Feb 15, 2012 10:49 pm

STOCK SLAYER

STOCK SLAYER
Equity Analytic
Equity Analytic
corruption,politics, mismanagement of state sectors have cost sri lanka billions...

we love all loyal MR supports.... thank you for your vote. Mad

so much for the Miracle of Asia.....

NEW MR SEASON PREMIERE
COMING SOON WITH FOOD PRICE HIKE ON CHANNEL SRI LANKA....... cheers

Dear GOD, only thing i ask is to give brains to all loyal MR followers!!!! pale

12Electricity chargers gonna be increased Empty Re: Electricity chargers gonna be increased Wed Feb 15, 2012 10:56 pm

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics
@smallville wrote:Fuel Surcharge is applicable to the total bill I think.. I'm not sure..

The irony is; Govt can reduce their applicable tax for fuel and reduce the price, then can lift it up by 3-4 rupees, and again if they've done this in phases, ppl would not feel it as a huge increase in one go as of now.. Govt could've earned few marks over this if this would've been done..

Now the problem is; whose giving advises to the govt? Economic experts? I doubt..
I dont think the ppl representatives of this govt has a vision or a general idea of how the economy would run, then again the niche who knows something just stay aside to let the idiots run the scene..

Be-aware.. wear helmets before u get into the streets to protest, u can never know when a bullet goes thru ur head Wink

Smallville, the Brent ran from 100 to 120 in a matter of weeks, i don't see how this could have been introduced slowly.

13Electricity chargers gonna be increased Empty Re: Electricity chargers gonna be increased Wed Feb 15, 2012 11:34 pm

wiser

wiser
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
In future we like or not there will be a power crisis. you need to invest wiser. you know wht I ment

14Electricity chargers gonna be increased Empty Re: Electricity chargers gonna be increased Wed Feb 15, 2012 11:37 pm

mono

mono
Vice President - Equity Analytics
Vice President - Equity Analytics
@wiser wrote:In future we like or not there will be a power crisis. you need to invest wiser. you know wht I ment

Hopefully we can harvest those gas & oil reserves that we supposedly have.

15Electricity chargers gonna be increased Empty No light for CEB! Thu Feb 16, 2012 1:35 am

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
By Uditha Jayasinghe
Despite a fuel adjustment charge coming into effect from midnight yesterday, the Ceylon Electricity Board (CEB) will remain in the dark with a whopping Rs.97 billion subsidy from the Government.

The Public Utilities Commission (PUC), while announcing its new fuel adjustment charges, told the media that the CEB expense is projected at Rs. 218 billion for 2012. Out of this, the people are expected pay Rs. 161 billion but Rs. 57 billion will still be left with the Government.

The CEB made a loss of Rs. 53 billion in 2011 and of this the Treasury has already agreed to take on Rs. 40 billion, taking the total subsidy to Rs. 97 billion. However, with the latest unexpected fuel increase an additional Rs. 29 billion will have to be spent by the CEB and of this the Government has agreed to foot Rs. 4 billion, taking the total amount to an electrifying Rs. 101 billion.

The latest fuel adjustment charge is formulated to earn from consumers the Rs. 25 billion extra that will be spent by the CEB to produce thermal power in 2012. The PUC statistics show that the CEB will spend Rs. 64 billion on fuel for thermal power generation this year and Rs. 83 billion to buy power from private mini-hydro operators.

“Either we earn the Rs.25 billion needed for the fuel or we face power cuts,” insisted PUC Chairman Dr. Jayatissa de Costa, pointing out that it was unrealistic to demand that the Government absorb more cost from the fuel expense given that subsidies and other relief measures are being demanded by the public.

Under the new PUC guidelines, the first 30 units will be charged Rs. 22.50 under the fuel adjustment formula. Households consuming 60 units will pay Rs. 80.85 while those using 90 units will pay Rs. 182.40. The largest increase will be for those using 120 units that will have to pay Rs. 434.40 and 180 units that will see Rs. 1010.40 added onto their bill.

Hotels and industries will have to absorb a 15% fuel adjustment charge, while those falling under the general purpose segment will have 25% imposed on them. Religious institutions, public schools, hospitals and street lamps will have no increases made to their current payments.

“Due to the recent fuel price increase the cost of furnace oil purchased by the CEB from the Ceylon Petroleum Corporation increased by 44% and diesel by 37%,” Dr. de Costa stressed, stating that Sri Lanka can only depend on hydro power for 30% of its electricity requirements and requires thermal power to fill the remaining requirements as coal power does not make a sufficient contribution.
http://www.ft.lk/2012/02/16/no-light-for-ceb/

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