Electricity tariffs to go up again
®Copyright MediaCorp

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 :)