Electricity Tariffs to Decrease by 2.6% from October to December 2024

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STARTS TOMORROW
Starts1 Oct 2024 (Tue)Ends31 Dec 2024 (Tue)
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For the period from 1 October to 31 December 2024, the electricity tariff (before GST) for households will decrease by 2.6% or 0.78 cent per kWh compared with the previous quarter due to lower energy costs.

The average monthly electricity bill for families living in HDB four-room flats will decrease by $3.00 (before GST).

Electricity tariffs (before GST), including tariffs for non-households, will decrease by an average of 2.5% or 0.70 cent per kWh compared with the previous quarter.

SP Group reviews the electricity tariffs every quarter based on guidelines set by the electricity industry regulator, Energy Market Authority (EMA). The electricity tariffs may fluctuate quarter to quarter due to volatile global fuel prices.

For further information, click here.

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