Q3 electricity rates spike 17.5% on elevated fuel prices

Tariffs could ease after Middle East tensions subside, the EMA said.

Singapore’s overall electricity tariff will rise by an average of 17.5%, or 4.66 cents per kilowatt-hour (kWh), from 1 July to 30 September, compared with the previous quarter, according to the SP Group.

The increase applies to the overall tariff before Goods and Services Tax (GST), including tariffs for non-households.

For households, electricity prices will rise by 17%, or 4.64 cents per kWh. Families living in HDB four-room flats will see their average monthly electricity bill increase by $17.14 before GST.

The increase was attributed to higher energy costs, as global fuel prices remained elevated due to the Middle East conflict, the Energy Market Authority (EMA) announced in a statement dated 30 June.

Regulated electricity and town gas tariffs are determined quarterly, based on the gas prices in the first 2.5 months of the previous quarter, it said. “For example, gas prices between April and mid-June 2026 are used to set the tariffs for July to September 2026.”

“Imported natural gas accounts for 95% of our electricity production and is also the main feedstock for the production of town gas,” the EMA added.

The authority said the situation in the Middle East remains uncertain. If conditions improve, fuel prices could fall and lead to lower electricity and town gas tariffs in the fourth quarter of the year.

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