Electricity, gas prices in Singapore to decrease from January to March due to lower energy costs


An average four-room HDB household may see a S$3.58 drop in its monthly electricity bill, for example. - ST

SINGAPORE: Households here can look forward to smaller electricity and gas bills from January to March 2025 due to lower energy and fuel costs.

Over the next three months, those supplied by grid operator SP Group will see a 3.4 per cent decrease in electricity tariffs compared with the previous quarter, the group said in a statement on Monday (Dec 30).

For households, this amounts to a tariff of 28.12 cents per kilowatt-hour (kWh) before goods and services tax (GST), down from 29.10 cents currently.

An average four-room HDB household may see a $3.58 drop in its monthly electricity bill before GST, for example.

The electricity tariff is calculated using four components. It includes the cost of energy, which takes into account the cost of imported natural gas, and the cost of operating the power stations, among others.

City Energy, the producer and retailer of piped gas, said in a separate statement on the same day that the gas tariff will drop from 22.97 cents per kWh before GST from October to December, to 22.72 cents in the next three months. - The Straits Times/ANN

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Singapore , energy , electricity , prices , decrease

Next In Aseanplus News

China's birth rate drops to record low
Press freedom under strain as journalists in Indonesia face more threats
Himalayan vulture rescued by ACRES dies after condition deteriorated quickly
Over three million S. Koreans opt out of life-sustaining treatment
Hong Kong grows role as ‘stopover city’ with new high-speed rail routes to the rest of China
India's Karur stampede probe: Actor Vijay appears before CBI for second round of questioning
Vietnam's Ca Mau Province dried shrimp producers busy with Tet demand
Japan households expect prices to keep rising: Survey
Conditions for a red–blue coalition government deal in Thailand
Johor and S'pore reaffirm bilateral ties

Others Also Read