Singapore: Electricity tariffs to increase from April 1

Singapore: Electricity tariffs to increase from April 1

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.

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Link to Original Article:
http://www.straitstimes.com/singapore/electricity-tariffs-to-increase-from-a
pril-1

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com