Electricity & Gas Tariffs to rise by 5.6% in 4th straight quarter – From 1st Quarter 2022, Singapore’s electricity tariff before the 7% GST (Goods & Services tax) will grow by an average of 5.6 per cent, or S$0.0133 per kWh (kiloWatt hour) from 4th Quarter 2021.
Gas tariff will rise to S$0.2021 per kWh before GST, up by S$0.017 from S$0.1904 per kWh from 4th Quarter 2021. Including GST, it will be S$0.2162.
SP Group & City Energy review tariffs for electricity and gas, based on guidelines set by EMA (Energy Market Authority), the industry regulator. EMA approved both entities’ revised tariff rates for the 1st quarter of 2022.
The increase in tariffs for electricity was attributed mainly to the higher prices of fuel.
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You can read more about Electricity & Gas Tariffs to rise by 5.6 per cent in 4th straight quarter at https://www.channelnewsasia.com/singapore/electricity-tariff-increase-january-march-2022-sp-group-energy-2407231
