Former Chairman of PUCSL, Attorney at Law, Saliya Mathew writes Being a utility regulator has perils because the independence of the regulator necessarily removes power from politicians, operators, and others. Furthermore, regulators are sometimes scapegoats for unpopular policies and unavoidably become involved in shaping the policies that they are supposed to implement. As a result of such frictions, regulators are sometimes removed from office or marginalized in some way. However, having a regulator is paramount important to a country and its people. Sri Lanka has and had many regulatory authorities and these regulatory institutions are known for its independence and for its dedication to improving