Singapore households can expect lower electricity bills in Q1 2023 as tariff falls by 2.7%

The electricity tariff before GST, from Jan 1 to March 31, will decrease from 29.74 cents to 28.95 cents per kilowatt hour. - ST FILE

SINGAPORE (The Straits Times/Asia News Network): Households in Singapore can welcome the new year with lower electricity bills, as the tariff for the first quarter of 2023 will drop by 2.7 per cent, even as the new goods and services tax (GST) of 8 per cent kicks in.

The electricity tariff before GST, from Jan 1 to March 31, will decrease from 29.74 cents to 28.95 cents per kilowatt hour (kWh), said grid operator SP Group on Friday (Dec 30).