Electricity tariff to drop by 2.9%
®Copyright MediaCorp
Electricity tariff for Singapore households will go down by 2.9 percent from 1st October 2012.
That's 27.27 cents per kilowatt hour (kWh), down from 28.08 cents.
For families living in four-room HDB flats, that means the average monthly electricity bill will decrease by $3.24.
In a statement, SP Services says the latest tariff cut follows the drop in tariffs by 2.5 percent for the quarter of 1 July to 30 September.
It says the tariff reduction is due to lower power generation costs, arising mainly from lower natural gas prices.
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