S’pore households to pay more electricity tariffs from Oct. 1 to Dec. 31, 2018, up 2.1% average
Due to the higher cost of natural gas for generating electricity.
Electricity tariffs will go up by an average of 2.1 percent from Oct. 1 to Dec. 31, 2018, compared with the previous quarter.
This is an increase of about 0.48 cents per kilowatt hour.
The increase was mainly due to the higher cost of natural gas for electricity generation, energy utilities provider SP Group said on Saturday, Sept. 29.
The electricity tariff for households will increase from 23.65 cents to 24.13 cents per kwh during the time period.
What can households expect?
The following graph shows the expected increase in prices:
For example, the average electricity bill for families living in four-room HDB flats will increase by S$1.76 per month.
SP Group said that it reviews the electricity tariffs quarterly based on guidelines set by electricity industry regulator Energy Market Authority.
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