Consumers face third straight quarter of hikes in electricity and gas prices
Emil Chan
29 Dec 2023 01:30PM
(Updated: 29 Dec 2023 10:25PM)
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SINGAPORE: The electricity tariff will increase by 4.1 per cent, or 1.19 cents per kWh, before Goods and Services Tax (GST), from January to March 2024, national grid operator SP Group said on Friday (Dec 29).
The gas tariff, meanwhile, will increase by 3.3 per cent to 23.51 cents per kWh, announced City Energy.
This is the third straight quarter of increases for electricity and gas prices.
SP Group attributed the latest hike to higher energy costs, which are made up of the cost of fuel and the cost of power generation.
https://www.spgroup.com.sg/sp-services/understanding-the-tariff
Please click here (.XLS) to view the historical electricity tariff from SPGroup.