31 Dec '12, 2am

Lower electricity tariffs for Jan-March due to lower fuel prices

Lower electricity tariffs for Jan-March due to lower fuel prices

Electricity tariffs will fall by an average of 3.7 per cent for the period Jan 1 to March 31. This follows the reduction drop in tariffs by 2.5 per cent and 2.9 per cent in the third and fourth quarter of this year. The tariff reduction is due to lower costs of electricity generation, largely due to lower fuel prices and the adjustment of non-fuel costs of power generation. For the first quarter of 2013, the electricity tariff for households will decrease by 3.6 per cent (or 0.99 cents per kWh) from 27.27 to 26.28 cents per kWh. The average monthly electricity bill for families living in four-room HDB flats will decrease by $3.83.

Full article: http://www.straitstimes.com/breaking-news/singapore/story...

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