Rooftop Solar Sector faces setback with proposed price reductions
The Solar Industries Association (SIA) has raised strong objections to the proposed reduction in rooftop solar feed-in tariffs, warning it could severely impact Sri Lanka’s solar sector.In a letter to Treasury Secretary K. M. Mahinda Siriwardana, the SIA stated that the proposed tariff cuts — from Rs. 27 and Rs. 23 to Rs. 19 and Rs. 14 — threaten over 1,000 businesses and the livelihoods of more than 40,000 employees. The Association noted that rooftop solar contributed over 500 MW in 2024, making it the fastest-growing segment in renewable energy.
The SIA highlighted key benefits of rooftop solar, including efficient land use, reduced transmission losses, and improved grid support. It also questioned the basis for the proposed tariff, citing discrepancies in plant load factor (PLF) and cost assumptions.The Association called on the Ministry of Finance to revise the proposal and implement a fair, sustainable tariff structure to protect jobs, encourage investment, and help meet national clean energy goals.
