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

HKMA unveils 20-point road map to modernise Hong Kong’s trade finance ecosystem
Online gambling syndicate for foreigners busted in KL
Swiss bar owner faces prosecutors for second hearing after deadly New Year's fire
Asean News Headlines at 10pm on Tuesday (Jan 20, 2024)
Thai police seeking Malaysia’s cooperation in hunt for suspected drug dealer
Wreckage of sightseeing helicopter with Taiwanese tourists that went missing in southwest Japan has been spotted
Thailand seizes over 330 million methamphetamine tablets in four-month crackdown; more than RM442mil of assets frozen
Man running HK marathon while carrying baby gets booted, banned from race and roasted online
HK superstar Chow Yun Fat, 70, finishes 10km marathon in 2hrs 23 seconds
Two young first-time drug users in Singapore died after using Ice at home in 2025; police rule out foul play

Others Also Read