Lower energy costs will lead to a decrease in household electricity and gas tariffs in Singapore for the January to March 2025 period. The electricity tariff will decrease by 3.4 percent, or 0.98 cents per kWh before Goods and Services Tax (GST), while the gas tariff will decrease by 0.25 cents per kWh. This is attributed to lower fuel costs and will result in savings for families living in Housing and Development Board (HDB) four-room flats.
SINGAPORE : The household electricity and gas tariffs will decrease for the January to March 2025 period due to lower energy costs, marking the Compared with the previous quarter, the electricity tariff will decrease by 3.
4 per cent or 0.98 cent per kWh before Goods and Services Tax , national grid operator SP Group said on Monday . This translates to a decrease in the average monthly electricity bill for families living in Housing and Development Board four-room flats by S$3.58 before GST. The gas tariff before GST will also decrease by 0.25 cent per kWh, from 22.97 cents per kWh to 22.72 cents per kWh for the upcoming quarter due to lower fuel cost, said City Energy. SP Group, which owns and operates Singapore's electricity network, reviews the electricity tariffs every quarter based on guidelines set by the industry regulator, the Energy Market Authority . The electricity tariff consists of four components, including energy costs paid to power generation companies, and network costs paid to SG Group to recover the cost of transporting electricity through the power grid. There is also a market support services fee paid to SP Group that recovers the costs of billing and meter reading, as well as a fee paid to the energy market company that recovers the costs of operating the electricity wholesale market and power system. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be.
SINGAPORE ENERGY TARIFFS GAS ELECTRICITY
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