SP Services to Decrease Electricity Tariffs By 0.14 Cents (0.7%) from 1 Oct – 31 Dec 2016

SP Services Logo 30 Dec 2014
SP Services Logo 30 Dec 2014
ON TODAY
Starts1 Oct 2016 (Sat)Ends31 Dec 2016 (Sat)
Location SP Services

For the period from 1 Oct to 31 Dec 2016, electricity tariffs will decrease by an average of 0.7% or 0.14 cent per kWh compared to the previous quarter.

The tariff reduction is due to the lower cost of natural gas for electricity generation, which fell by 2.5% compared to the previous quarter.

For households, the electricity tariff will decrease from 19.27 to 19.13 cents per kWh for 1 Oct to 31 Dec 2016. The average monthly electricity bill for families living in four-room HDB flats will decrease by $0.57

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