SP Services Reduces Electricity Tariff By 1.83 Cents (9.6%) 1 Apr – 30 Jun 2016 UPDATED 1 Apr 2016

SP Services Logo 30 Dec 2014
SP Services Logo 30 Dec 2014
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Starts1 Apr 2016 (Fri)Ends30 Jun 2016 (Thu)
Location SP Services

For the period from 1 Apr to 30 Jun 2016, electricity tariffs will decrease by an average of 9.6% or 1.83 cents 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 20.2% compared to 1Q 2016. While network costs went up due to infrastructure investment to replace ageing assets and meet rising electricity demand, the lower cost of natural gas more than offset this increase.

For households, the electricity tariff will decrease from 19.50 to 17.68 cents per kWh for 1 Apr to 30 Jun 2016. The average monthly electricity bill for families living in four-room HDB flats will decrease by $6.71

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