Electricity tariffs to go up next year

Electricity tariffs to go up next year
By Mustafa Shafawi | Posted: 29 December 2010 1652 hrs

SINGAPORE: After falling this quarter, electricity tariffs for households will go up by 3.3 per cent for the first three months of next year.

SP Services said this is due to higher fuel oil prices, which have increased to almost US$100 a barrel.

As a result, it said the electricity tariffs for households will increase 0.76 cents per kilowatt hour (kWh) to S$0.241.

SP Services said families in four-room HDB flats will on average pay about S$3.15 more a month on electricity charges.

The Energy Market Authority has approved the latest tariffs.

-CNA/ac

- wong chee tat :)