Electricity bills to shoot up from January to March 2017

The electricity tariffs will rise in Singapore from January to March,2017 by an average of 5.7 per cent, or 1.07 cents per kWh (Kilowatt hour).

Electricity charges will increase in Singapore from January to March. Photo courtesy: Asian power

This surge is due to the higher cost of natural gas used to generate electricity, which increased by 10.6 per cent. It comes on the back of a decrease in tariffs for October to December by an average of 0.7 per cent. 

For households, tariffs will increase from 19.13 to 20.20 cents per kWh for the next three months.

On average, those living in single-room flats will pay $1.54 more a month, while families living in private apartments will pay $6.31 more.

The average monthly electricity bill for a four-room HDB flat will go up by S$4.30, reaching a new average monthly bill of S$81.18.

For a five-room flat, it will increase by S$5.03 a month, to a new average monthly bill of S$94.95.

In a statement released recently, SP Services said it reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority, the electricity industry regulator.