Electricity tariff for Singapore households to fall by 10.4% in 4th quarter of 2026
The overall tariff before GST, including that for non-households, will fall by an average of 10.6%
Singapore households will experience a 10.4 per cent reduction in their electricity tariffs from October to December 2026, according to SP Group and City Energy. The average monthly bill for four-room Housing Board flats will decrease by S$12.99 before GST, from S$0.3191 to S$0.2859 per kWh. The overall tariff, including non-household tariffs, will drop by 10.6 per cent, or S$0.0332 per kWh, compared to the previous quarter.
This decrease is attributed to lower energy and gas costs, driven by reduced oil prices due to geopolitical factors. SP Group and City Energy reassess tariffs quarterly based on guidelines set by the Energy Market Authority. The tariff revisions are primarily influenced by fuel prices in the first two and a half months of the preceding quarter, with changes becoming apparent in the next quarter.
Fixed-price electricity plans, which have grown in popularity since the Iran war, have contributed to the lower consumption and reduced demand, leading to the tariff decrease.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
