Electricity tariffs to go up 7.5% in Q3
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
ELECTRICITY tariffs in the third quarter will be 1.5 Singapore cents, or 7.5 per cent, higher per kilowatt-hour (kWh) than in the previous quarter, taking the total cost of electricity to 22.41 cents per kWh, said SP Services.
The latest hike in tariffs comes from a 15.1 per cent increase in the cost of natural gas for electricity generation from Q2 2015, SP Services said on Tuesday. Singapore gets more than 95 per cent of its energy needs from natural gas.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
Higher costs, lower returns: Why are Singaporeans still betting on real estate?
S-E Asia tourism takes hit from Middle East crisis, but intra-regional travel could spell hope
Auditors flag uncertainty on Katrina Group’s ability to continue as a going concern