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Electricity tariffs for households to fall 10.4% from Oct 1

Rising global fuel prices could push tariffs higher next quarter.

Electricity tariffs for households to fall 10.4% from Oct 1

Singapore's households will experience a 10.4% decrease in electricity and gas tariffs starting October 1, 2026, according to the grid operator SP Group. The household electricity tariff is expected to drop by 10.4%, or 3.32 cents per kWh, compared to the previous quarter, bringing the new rate to 28.59 cents per kWh. This reduction is lower than the previous quarter's rate of 31.91 cents per kWh.

Families residing in HDB four-room flats will see their average monthly electricity bills decrease by S$12.99. Gas tariffs for households will also decrease by 8.6% from October to December, with the cost per kWh falling from 23.48 cents to 21.45 cents, excluding GST. The decrease in electricity tariffs is due to lower global energy costs, which are influenced by tensions in the Middle East. However, if these tensions persist, electricity tariffs may rise in the following quarter.

Written by urgent.news from CNA - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at channelnewsasia.com →

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