Electricity tariffs will decrease by an average of 15.0% or 1.22 cents per kWh from 1 July to 30 September 2020

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Starts1 Jul 2020 (Wed)Ends30 Sep 2020 (Wed)
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For the period from 1 July to 30 September 2020, electricity tariffs (before 7% GST) will decrease by an average of 15.0% or 1.22 cents per kWh compared with the previous quarter.

This is due to lower energy costs compared with the previous quarter.

For households, the electricity tariff (before 7% GST) will decrease from 23.02 to 19.60 cents per kWh for 1 July to 30 September 2020.

The average monthly electricity bill for families living in four-room HDB flats will decrease by $12.00 (before 7% GST)

SP Group reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA), the electricity industry regulator.

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(All info from SP Group’s press release unless otherwise stated)

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