{
  "id": 10864226,
  "title": "Singapore households to get 10.4pc electricity tariff cut from October as fuel costs ease",
  "url": "https://urgent.news/2026/09/30/singapore-households-to-get-10-4pc-electricity-tariff-cut-from",
  "topic": "world",
  "section": "World",
  "published": "2026-09-30T04:53:17.000Z",
  "source": {
    "name": "Malay Mail",
    "slug": "malay-mail-malaymail",
    "url": "https://www.malaymail.com/news/singapore/2026/09/30/singapore-households-to-get-104pc-electricity-tariff-cut-from-october-as-fuel-costs-ease/237106"
  },
  "original_language": "en",
  "account": "Singapore's electricity tariffs will decrease by 10.4 percent in the fourth quarter of 2023, according to a report by The Straits Times. This decrease will take effect from October 1 to December 31, 2023. The household rate will drop from 31.91 cents to 28.59 cents per kilowatt-hour (kWh), resulting in an average monthly savings of S$12.99 (RM41.50) for a family living in a four-room Housing Board flat. The overall electricity tariff, including non-household rates, will decrease by an average of 10.6 percent or 3.32 cents per kWh from the previous quarter, as reported by SP Group.\n\nThe reduction in household electricity tariffs can be attributed to easing fuel costs. City Energy, another energy provider, will lower its household rate by 8.6 percent, from 23.48 cents to 21.45 cents per kWh. This reduction is due to lower fuel costs compared to the previous quarter. The latest tariff cuts come after a 17 percent increase in electricity tariffs between July and September 2023, and a 7.1 percent rise in town gas rates as natural gas prices climbed due to geopolitical tensions in the Middle East.\n\nSP Group and City Energy review their respective tariffs every quarter, following guidelines set by the Energy Market Authority. These rates are based on gas prices during the first two-and-a-half months of the preceding quarter. Consequently, movements in global fuel prices are reflected in electricity tariffs only in the following quarter. Geopolitical developments can contribute to fluctuations in energy costs.\n\nA significant proportion of Singapore's electricity is generated using imported natural gas, which accounts for approximately 95 percent of the country's electricity generation. Gas prices are largely influenced by market prices. In light of this, more households have opted for fixed-price electricity plans, with the proportion increasing from about 36.6 percent on February 1, 2023, to 38.4 percent on September 1, 2023. The share of households buying electricity from SP Group under the regulated tariff decreased from 63.4 percent to 61.6 percent over the same period. As of the week of September 13 to 19, 2023, wholesale electricity costs reached a 2026 high of S$486.21 per megawatt-hour, according to the Uniform Singapore Energy Price.",
  "summary": "SINGAPORE, Sept 30 — Singapore households will see their electricity tariffs fall 10.4 per cent in the fourth quar...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "Lower electricity and gas household tariffs from October to December",
        "url": "https://urgent.news/2026/09/30/lower-electricity-and-gas-household-tariffs-from-october-to-december",
        "published": "2026-09-30T04:11:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}