Singapore’s electricity tariff for households to rise by 9.3 per cent in October to December

Electricity tariff for Singapore households will increase by about 9.3 per cent from the previous quarter for the October to December period. …

Excluding goods and services tax (GST), the tariff will increase from 19.6 cents to 21.43 cents per kWh, or by 1.83 cents, for the quarter ending December 31, 2020. Including GST, the fourth quarter rate is 22.93 cents per kWh. Despite the increase, the revised tariff and that of the preceding quarter are the lowest in the last three years. The increase this quarter is due to higher energy costs, which forms a major component of the electricity tariff and is paid to power generation companies.

 

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