SINGAPORE – Electricity tariffs will increase by an average of 6.1 per cent for the second quarter of 2017, the Singapore Power (SP) Group announced on Friday (March 31).
The increase is largely due to the cost of natural gas for electricity generation, which increased by 12 per cent compared with the previous quarter.
For households, the electricity tariff will increase from 20.20 to 21.39 cents per kWh.
This will mean that the average monthly electricity bill for families living in four-room HDB flats will increase by $4.21, for example.
The average increase experienced across all types of housing from one-room flats ($1.58) to bungalows ($28.48) is $5.04.
SP Group reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority, the electricity industry regulator.
This article was first published on Mar 31, 2017.
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