Channel NewsAsia
Updated: 06/30/2014 11:39 | By Channel NewsAsia

Electricity tariffs to fall by 0.2% in Q3, 2014

Electricity tariffs to fall by 0.2% in Q3, 2014


Electricity tariffs to fall by 0.2% in Q3, 2014

SINGAPORE: Electricity tariffs will drop by an average of 0.05 cent per kWh or 0.2 per cent for the period July 1 to Sept 30, Singapore Power subsidiary SP Services said on Monday (June 30).

For households, the electricity tariff will decrease from 25.73 to 25.68 cents per kWh. This translates to a S$0.20 decrease in the average monthly electricity bill for families living in four-room Housing and Development Board (HDB) flats, SP Services said.

SP Services reviews electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA). The latest tariffs have been approved by the EMA. - CNA/cy

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