You too can be a “Prosumer” of Electricity

August 2020,  By Eng Parakrama Jayasinghe

 

The electricity sector is very much in the news these days, with a wide range of opinions being expressed by an equally wide spectrum of people. Unfortunately many simply unviable proposals borne out of lack of proper understanding and inability to appreciate the holistic impact of the electricity sector on the national economy and the society. However, the general principles and the holistic background are not so intricate and should not be the purview of the limited few.

 

Even though the state owned monopoly is making mega losses year after year and contributing largely to the degradation of the environment, the consumer who with due credit to the CEB, now constitute the entire population, are now becoming aware of this situation.

 

The consumer, particularly those consuming less than 120 units per month have been lulled in to a state of complacency by the declared consumer tariff rates, which the CEB is quick to point out are highly subsidized. This is pure deception both by the successive governments and the CEB as the mega losses of the utility will have to be borne by all the consumers indirectly.

 

This situation calls for an entirely new way that the energy industry in general and the electricity sector in particular is viewed. Since the CEB which holds the monopoly status is a state owned institution, entirely owned by the public, it is important to recognize that the consumer, which is the entire public are the main shareholders of this enterprise, to whom the CEB must be made responsible.

 

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You too Can be a Prosumer of electricity