Based on SP Media Release on 30 June 2020, electricity tariffs (before 7% GST) will decrease by an average of 15.0% or 3.42 cents per kWh compared with the previous quarter, due to lower energy costs.
For households, the electricity tariff (before 7% GST) will decrease from 23.02 to 19.60 cents per kWh for 1 July to 30 September 2020. The average monthly electricity bill for families living in four-room HDB flats will decrease by $12 (before 7% GST).
The tariff set by SP Group is reviewed quarterly, based on guidelines set by the Energy Market Authority (EMA) to reflect the actual cost of electricity.
Details of the electricity tariffs are available at SP Group.