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Good News as Electricity Tariff To Drop 5.1% For 3 Months

by Brian Chan April 1, 2020

Yesterday the government is announcing that they are encouraging work from home (WFH) but we can foresee that there will be spike on the electrical bill with WFH. Good news announced by government that the electricity tariff to drop 5.1% to offset the increase electricity bill as per reported by CNA.

This adjustment on the electricity tariff in Singapore will drop by 5.1 per cent from April 1 to June 30 due to lower energy costs. With this, Singaporean will be able to see a drop in the tariff from 24.24 cents to 23.02 cents per kilowatt hour, said SP Group in a media release on Tuesday, March 31.

In case you wondering how much you can save, the average monthly bill is set to go down by S$3.89 for families living in four-room HDB flats.

Here are some breakdown of the monthly bill that you will be expecting

Image via Channel News Asia

Electricity tariffs are reviewed based on guidelines set by the Energy Market Authority, the electricity industry regulator. SP Group reviews them every quarterly.

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