Residents will see an increase of 5.6 percent increase in their electricity bill for the period from 1 January to 31 March 2017 in Singapore.
The electricity tariff for January to March will be priced at 20.20 cents per kwh, up from the current 19.13 cents, SP Services announced today (30 Dec) in its media release.
SP Services wrote the tariff increase is caused by the higher cost of natural gas for electricity generation, which increased by 10.6 percent from the previous quarter.
This charge of 20.20 cents per kwh for households is the highest in more than a year. Prices during the year ranged between 17.68 cents to 19.50 cents per kwh.
With this increase, those living in single-room flats are expected to pay $1.54 more a month based on average consumption, while families living in private apartments will pay $6.31 more.
The average electricity bill for families living in a four-room Housing Board flat is expected to rise by $4.30, from $76.88 to $81.18 monthly.
Guidelines set by the Energy Market Authority, allows tariffs to be reviewed on a quarterly basis by SP Services.
On average, electricity tariffs will rise by 5.7 per cent across the board.