Electricity tariff raised by 2.21 cents per kWh

The increase was implemented on the back of higher energy costs.

State-affiliated electricity distributor, SP Group has raised its electricity tariff by 2.21 cents per kilowatt-hour (kWH), an increase of 8.1% from the previous quarter.

This increase starts today, 1 June 2022, and will be in place until 30 September.

Not including the 7% GST the electricity tariff will increase from 27.94 to 30.17 cents per kWh for households, translating to an increase of $8.25 in the monthly bills of families living in HDB four-room flats.

For families living in other types of housing, the average increases on their monthly bills are as follows:

According to SP Group, it had to raise the electricity tariff amidst higher energy costs “driven by rising global gas and oil prices exacerbated by the conflict in Ukraine.”

Energy cost is amongst the four components that comprise electricity tariffs. Other components are network costs, market support services fee, and market administration and power system operation fee.

SP Group said energy cost is “adjusted quarterly to reflect changes in the cost of fuel and power generation.”

“The fuel cost is the cost of imported natural gas, which is tied to oil prices by commercial contracts. The cost of power generation covers mainly the costs of operating the power stations, such as the manpower and maintenance costs, as well as the capital cost of the stations,” it said.

Follow the link s for more news on

SP Group

Singapore Energy

Ukraine-Russia conflict

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia