SINGAPORE: The electricity tariff for households will fall by about 3.2 per cent for the January to March period next year, compared with the previous quarter, due to lower energy costs, said SP Group on Wednesday (Dec 30).
Excluding Goods and Services Tax (GST), the tariff will decrease from 21.43 cents to 20.76 cents per kWh, or by 0.67 cents, for the quarter ending Mar 31.
AdvertisementAdvertisementIncluding GST, the rate is 22.21 cents per kWh.
(Graphic: SP Group)
[h=3]READ: How do electricity retailers charge lower prices than SP Group? 5 questions answered[/h]This means that the average monthly electricity bill for families living in four-room flats will decrease by S$2.39, before GST, said SP Group.
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(Graphic: SP Group)
The electricity tariffs are reviewed quarterly based on guidelines set by the Energy Market Authority (EMA), the electricity industry regulator. The revised tariffs have been approved by the authority.
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Excluding Goods and Services Tax (GST), the tariff will decrease from 21.43 cents to 20.76 cents per kWh, or by 0.67 cents, for the quarter ending Mar 31.
AdvertisementAdvertisementIncluding GST, the rate is 22.21 cents per kWh.
[h=3]READ: How do electricity retailers charge lower prices than SP Group? 5 questions answered[/h]This means that the average monthly electricity bill for families living in four-room flats will decrease by S$2.39, before GST, said SP Group.
AdvertisementAdvertisement
The electricity tariffs are reviewed quarterly based on guidelines set by the Energy Market Authority (EMA), the electricity industry regulator. The revised tariffs have been approved by the authority.
Let's block ads! (Why?)
More...