Channel NewsAsia
Updated: 12/31/2012 19:33 | By Channel NewsAsia

Electricity tariffs to be lowered

Electricity tariffs to be lowered


Electricity tariffs to be lowered

SINGAPORE: Electricity tariffs will be reduced by an average 3.7 per cent from January to March 2013.

SP Services attributed the reduction to lower costs of electricity generation, largely due to lower fuel prices compared to the previous quarter.

Non—fuel costs of power generation have also been adjusted.

The average monthly electricity bill for families living in four—room HDB flats will go down by S$3.83.

Tariffs were also reduced by 2.9 per cent in the fourth quarter of this year and 2.5 per cent in the third quarter.

— CNA/al

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