Singapore, 31 March 2022 – For the period from 1 April to 30 June 2022, electricity tariff (before 7% GST) will increase by an average of 9.9% or 2.49 cents per kWh compared with the previous quarter.
The increase is mainly due to higher energy cost arising from significantly higher global gas and oil prices exacerbated by the conflict in Ukraine.
For details on the components of the electricity tariff, please refer to Appendix 1: Breakdown of Electricity Tariff.
For households, the electricity tariff (before 7% GST) will increase from 25.44 to 27.94 cents per kWh for 1 April to 30 June 2022. The average monthly electricity bill for families living in HDB four-room flats will increase by $8.73 (before 7% GST) (Appendix 3: Average monthly electricity bills of domestic consumers).
*before 7% GST
SP Group reviews the electricity tariffs every quarter based on guidelines set by the electricity industry regulator, Energy Market Authority (EMA). The tariffs shown in Appendix 2 have been approved by EMA.
Issued by:
SP Group 2
Kallang Sector Singapore 349277
Appendix 1
BREAKDOWN OF ELECTRICITY TARIFF
1. The electricity tariff consists of the following four components:
Q2 2022 TARIFF (before 7% GST)
Appendix 2
ELECTRICITY TARIFFS FROM 1 APRIL 2022
Appendix 3
AVERAGE MONTHLY ELECTRICITY BILLS OF DOMESTIC CUSTOMERS
TARIFF WEF 1 APRIL 2022 (before 7% GST)