SP Services – Page 4

For the period from 1 Jan to 31 Mar 2014, electricity tariffs will decrease by an average of 1.7% or 0.43 cent per kWh.

For the period from 1 Oct to 31 Dec 2013, electricity tariffs will increase by an average of 0.5% or 0.12 cents per kWh. The higher tariff is due to an increase in fuel costs of 4.3% compared to the previous quarter.

For the period from 1 Jul to 30 Sep 2013, electricity tariffs will decrease by an average of 2.9%.

For the period from 1 Jan to 31 Mar 2013, electricity tariffs will decrease by an average of 3.7%. This follows the drop in tariffs by 2.5% in Q3’12 and 2.9% in Q4’12.

For the period from 1 Apr to 30 Jun 2012 the electricity tariffs will increase by 4.3% as higher fuel prices have resulted in higher power generation costs. The average fuel oil price over the last three months (1 Jan to 15 Mar 2012) increased by 7.3% from S$127.07 to S$136.37 per barrel.