Gas tariff for households will be increased by 2.29 percent or 0.44 cent per kilowatt hour (kWh), from 19.23 cents per kWh to 19.67 cents per kWh for the period 1 November 2018 to 31 December 2018.
This is said to be due to an increase in fuel costs compared with the previous quarter, according to an announcement by City Gas Pte Ltd, as Trustee of City Gas Trust on Wednesday (31 October).
City Gas stated that it reviews the gas tariffs based on guidelines set by the Energy Market Authority (EMA), the gas industry regulator.
According to the company, EMA has approved the gas tariffs as shown in the table below for the two-month period from 1 November 2018 to 31 December 2018.
From 2019, City Gas noted that it will review and publish the approved gas tariffs for each 3-month period aligned with calendar quarters (i.e. January to March, April to June, and so on).