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Electricity tariffs to increase by 6.3 percent from 1 January to 31 March 2018

SP Group has announced that electricity tariffs will increase by an average of 6.3% or 1.26 cents per kWh for the period from 1 January to 31 March 2018 compared to the previous quarter.

Source: SP Group.
Source: SP Group.

It said that the tariff increase is due to the higher cost of natural gas for electricity generation, which increased by 14%
compared to the previous quarter.

Source: SP Group.

For households, SP Group said that the electricity tariff will increase from 20.30 to 21.56 cents per kWh for 1 January to
31 March 2018.

The average monthly electricity bill for families living in four-room HDB flats will increase by $4.78.

Source: SP Group.