SP Services to Increase Electricity Tariffs By 1.59 Cents (9.2%) from 1 Jul – 30 Sep 2016

SP Services Logo 30 Dec 2014
SP Services Logo 30 Dec 2014
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Starts1 Jul 2016 (Fri)Ends30 Sep 2016 (Fri)
Location SP Services

For the period from 1 Jul to 30 Sep 2016, electricity tariffs will increase by an average of 9.2% or 1.59 cents per kWh compared to the previous quarter

The increase is largely due to the cost of natural gas for electricity generation, which rose by 26.0% compared to second quarter 2016. This was partly offset by lower non-fuel costs, notwithstanding an increase in Market Support Services fee to meet higher market system and development costs.

For households, the electricity tariff will increase from 17.68 to 19.27 cents per kWh for 1 Jul to 30 Sep 2016. The average monthly electricity bill for families living in four-room HDB flats will increase by $6.79

Other terms and conditions apply.

Event o n1 Jul – 30 Sep 2016

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