SINGAPORE — Expect to pay more for your electricity come Saturday (April 1). From April 1 to June 30, electricity tariffs will increase by an average of 6.1 per cent or 1.20 cents per kWh compared to the previous quarter.
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For households, the electricity tariff will increase from 20.20 to 21.39 cents per kWh. The average monthly electricity bill for families living in four-room HDB flats, for example, will increase by S$4.21, said SP Group in a press release issued on Friday.
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The increase is “largely” due to the cost of natural gas for electricity generation which increased by 12 per cent compared to the previous quarter, said SP Group who reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority.
