President Dr. Mohamed Muizzu has announced a reduction in domestic electricity tariff rates, effective from June 1, in response to growing public concerns over rising utility costs.
In a statement on X sharing the decision, the President said he had instructed relevant authorities to revise the charges per unit for household electricity use and to ensure the implementation is managed sustainably.
Under the new rates, prices per unit will be reduced across all domestic consumption bands. Key changes include:
0–100 units: reduced from MVR 1.50 to MVR 1.25
101–200 units: reduced from MVR 1.70 to MVR 1.50
201–300 units: reduced from MVR 2.15 to MVR 1.50
301–400 units: reduced from MVR 2.50 to MVR 1.50
401–500 units: reduced from MVR 2.95 to MVR 2.66
501–600 units: reduced from MVR 3.55 to MVR 3.20
Above 601 units: reduced from MVR 4.25 to MVR 3.83
The move comes amid growing complaints from the public about high electricity bills. The President assured that steps will be taken to ensure the revised rates are implemented in a financially sustainable manner.
In a statement on X sharing the decision, the President said he had instructed relevant authorities to revise the charges per unit for household electricity use and to ensure the implementation is managed sustainably.
Under the new rates, prices per unit will be reduced across all domestic consumption bands. Key changes include:
0–100 units: reduced from MVR 1.50 to MVR 1.25
101–200 units: reduced from MVR 1.70 to MVR 1.50
201–300 units: reduced from MVR 2.15 to MVR 1.50
301–400 units: reduced from MVR 2.50 to MVR 1.50
401–500 units: reduced from MVR 2.95 to MVR 2.66
501–600 units: reduced from MVR 3.55 to MVR 3.20
Above 601 units: reduced from MVR 4.25 to MVR 3.83
The move comes amid growing complaints from the public about high electricity bills. The President assured that steps will be taken to ensure the revised rates are implemented in a financially sustainable manner.
