Electricity tariffs to fall 3.3% in October-December

Lower cost of natural gas caused the tariffs to fall.

Electricity tariffs will fall 3.3% or 0.79 cent per kWh starting 01 October until 31 December, SP Group announced. This was mainly due to the lower cost of natural gas compared with the previous quarter.

Also read: Chart of the Day: Household electricity tariff to fall 4.7% in Q2

The tariff for households will likewise drop to 23.43 cents per kWh from 24.22 in the same period. With the additional 7% GST, it will cost 25.07 cents per kWh.

The average monthly electricity bill for families living in four-room HDB flats will slide down by about $2.84.

All households can enjoy lower electricity tariffs with the bills for those living in HDB1, HDB2, HDB3 and HDB5 rooms set to fall $1.06, $1.40, $2.11 and $3.31 respectively, whilst those residing in apartment, terrace, semi-detached and bungalow homes can see electricity tariffs drop $4.15, $6.57, $8.55 and $16.70 respectively.

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