Commercial Electricity Tariff Singapore 2017

Singapore singapore 30 330030 decdecdecember emberember 2012012018 888 for the period from 1 january to 31 march 2019 electricity tariffs before 7 gst will decrease by an average of 1 2 or 0 28 cent per kwh compared to the previous quarter.

Commercial electricity tariff singapore 2017.

This is the market practice in asia for natural gas contracts. Electricity tariff revision for the period 1 january to 31 march 2018 singapore 29 december 2017 for the period from 1 january to 31 march 2018 electricity tariffs will increase by an average of 6 3 or 1 26 cents per kwh compared to the previous quarter. Singapore 30 september 2017 for the period from 1 october to 31 december 2017 electricity tariffs will decrease by an average of 2 1 or 0 42 cent per kwh compared to the previous quarter. About 95 per cent of singapore s electricity is generated from imported natural gas the prices of natural gas are indexed to oil prices.

It dipped to 20 3 cents in the next quarter. The average monthly electricity bill for families living in four room hdb flats will increase by 1 86. The tariff increase is due to the higher cost of natural gas for electricity generation which increased by 10 6 compared to the previous quarter. This part of the tariff reflects the cost of generating and delivering electricity to our homes.

This means that for households the electricity tariff will increase from 21 56 to 22 15 cents per kwh for 1 april to 30 june 2018. About 95 per cent of singapore s electricity is generated from imported natural gas the prices of natural gas are indexed to oil prices. This is mainly due to the lower cost of natural gas for electricity generation compared to. This comes to about 5 71 cents per kwh.

The increase is largely due to the cost of natural gas for electricity generation which. In july to september 2017 households shouldered 20 72 cents per kwh. Electricity tariff revision for the period 1 april to 30 june 2017 singapore 31 march 2017 for the period from 1 april to 30 june 2017 electricity tariffs will increase by an average of 6 1 or 1 20 cents per kwh compared to the previous quarter. Based on the tariff in q1 2019 sp group gets approximately 24 out of the 23 85 cents per kwh paid by households.

For households the. This part of the tariff reflects the cost of generating and delivering electricity to our homes. The tariff reduction is due to the lower cost of natural gas for electricity generation as well as lower non fuel costs. The statistic shows the annual average electricity tariffs in singapore from 2005 to 2019.

Sp group supplies the electricity to consumers in singapore and get a fixed percentage out of the tariff for managing the power grid and providing billing and meter reading services.