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For the next three months, households will pay more for their electricity.
SP Services says that the electricity tariff for households will go up by 0.57 cents per Kilowatt-hour, (kWh) to 24.13 cents per kWh an increase of 2.4 per cent.
It’s the fifth consecutive quarter of increase.
On average, families in four-room HDB flats will pay about $2.33 more a month.
SP Services says the average fuel oil price over the last three months remained stable at about S$102 per barrel.
However, the non-fuel components of the tariff have increased due to higher capital and operating costs of power generation.
The tariff also includes an adjustment for under-collection in the previous quarter.
Industry regulator, the Energy Market Authority, has approved the increase.
- wong chee tat :)
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