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Electricity tariffs are regulated by the Energy Market Authority (EMA) of Singapore and revised quarterly to reflect the actual cost of electricity. SP Services buys electricity on behalf of customers and pays the generation companies, transmission licensee and other market players based on the rates of the cost components as approved by EMA.
Apr 1, 2024 · Singapore, 28 March 2024 – For the period from 1 April to 30 June 2024, the electricity tariff (before GST) for households will decrease by 0.3% or 0.10 cent per kWh compared with the previous quarter due to lower energy costs.
Jan 2, 2024 · The regulated electricity tariff set by SP Group for 1 April – 30 June 2024 has risen, and now stands at 32.47 cents per kWh (incl. GST). As of the time of writing, consumers are free to take their pick from a total of eight energy providers in the OEM .
Currently, all residential consumers are eligible to buy electricity at the regulated tariff. For the period from July to September 2024, the tariff rate is 29.88 cents/kWh (without GST), or 32.57 cents/kWh (with GST). Please visit SP Group’s website for the historical electricity tariff rates.
Dec 30, 2021 · ELECTRICITY TARIFF REVISION FOR THE PERIOD 1 JANUARY TO 31 MARCH 2022. Singapore, 30 December 2021 – For the period from 1 January to 31 March 2022, electricity tariff (before 7% GST) will increase by an average of 5.6% or 1.33 cents per kWh compared with the previous quarter.
Jun 30, 2023 · The average monthly electricity bill for families living in four-room Housing and Development Board (HDB) flats will increase by S$1.14 before GST, says SP Group.
Mar 31, 2023 · For households, the electricity tariff before goods and services tax (GST) will fall from 28.95 cents to 27.43 cents per kilowatt-hour (kWh) from Saturday to June 30, said grid operator SP...
Sep 29, 2023 · SINGAPORE: The electricity tariff will go up by an average of 3.7 per cent from October to December, national grid operator SP Group said on Friday (Sep 29). This translates to an increase...
Consumers who are purchasing electricity at wholesale electricity prices could pay significantly more for their electricity compared to those buying at the regulated tariff from SP Group or via a retail contract from an electricity retailer.
Mar 31, 2022 · The electricity tariff for households will increase by an average of 9.8 per cent for the April to June period this year, compared with the previous quarter, SP Group said on Thursday (Mar...
