Based on SP Media Release on 30 September 2020, electricity tariffs (before 7% GST) will increase by an average of 1.83 cents per kWh compared with the previous quarter, due to higher energy costs.
For households, the electricity tariff (before 7% GST) will increase from 19.60 to 21.43 cents per kWh for 1 October to 31 December 2020. The average monthly electricity bill for families living in four-room HDB flats will increase by $7.01 (before 7% GST).
The electricity tariffs set by SP Group are reviewed quarterly, based on guidelines set by the Energy Market Authority (EMA) to reflect the actual cost of electricity.
Details of the electricity tariffs are available at SP Group.