30 Jun '11, 11am

Electricity Tariffs To Go Up From July 1: Mustafa Shafawi, Channel

SINGAPORE : Households can expect to pay an average 6.6 per cent more for their electricity in the July-September quarter as tariffs go up. This will be the third consecutive quarter of tariff increase to hit a 33-month high. SP Services said higher fuel oil prices have resulted in higher power generation costs. The average fuel oil price over the last three months has risen by 13.8 per cent from US$88.63 to US$100.84 per barrel. The new tariff of 27.28 cents a kilowatt-hour will kick in on July 1, up 1.7 cents a kilowatt-hour from the April-June quarter. The increase in the average monthly electricity bill for households will range from S$2.13 for 1-room HDB flats to S$6.71 for 4-room HDB flats. The industry regulator, Energy Market Authority, has approved the revision. However, about 800,000 HDB households can expect to have at least one month of their utilities bills of...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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