(NEWS) Electricity tariffs will increase to the highest rate of 24.24 cents/kWh in more than five years from 1 Jan – 31 Mar 2020

Due to COVID-19, some offers may no longer be valid or temporarily suspended. Please verify the validity (even if it says "ON TODAY" below) before heading down
Past Event

Oh no, the event has ended. Don't miss out again, get the latest news via Newsletter, Telegram, Facebook, Twitter or RSS feed!

Starts1 Jan 2020 (Wed)Ends31 Mar 2020 (Tue)
Location
SINGPromos is now on Telegram. Click here to follow us now

For the period from 1 January to 31 March 2020, electricity tariffs (before 7% GST) will increase by an average of 3.5% or 0.81 cent per kWh compared with the previous quarter

For households, the electricity tariff (before 7% GST) will increase from 23.43 to 24.24 cents per kWh for 1 January to 31 March 2020.

According to the The Straits Times, the previous highest was 25.28 cents before GST from October to December 2014

This is due to higher energy cost compared with the previous quarter.

The average monthly electricity bill for families living in four-room HDB flats will increase by $2.76 (before 7% GST)

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

Click on image to enlarge

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

Share this with your friends & loved ones on Facebook!

NEW: Get a Samsonite Luggage Prestige 69cm Spinner Exp with built-in scale (worth SGD670) (with min spend of $800) plus no annual fees waiver when you sign up for a HSBC Revolution credit card at www.hsbc.com.sg.

Advertisement

Related News

Be the first to comment

Leave a Reply

Your email address will not be published.