evidence: The Public Utilities Comm-ission of Sri Lanka (PUCSL) yesterday approved a sharp 22.5% downward revision of electricity tariffs effective from today. "Considering the detailed review of the Ceylon Electricity Board’s (CEB) proposal for the second tariff revision of the year, concerns raised by the stakeholders electricity tariffs during public consultations were further revised incorporating both subsidies, cross-subsidies and generation mix to an average reduction of 22.5%," PUCSL Chairman Prof. Mohan Fernando said, noting that it is the last tariff revision under the current committee.The new tariff structure will benefit a wide range of electricity users, including domestic users, religious institutions, hotels, industries, public utilities and Government entities. Although the CEB had suggested an overall reduction of 10%, the PUCSL opted for a more substantial cut, lowering tariffs by 22.5%.