Singapore household gas tariff up by 0.73 cents in Q1 2024
City Energy, Singapore's sole provider of piped town gas, said that the increase is due to higher costs.
SINGAPORE – Gas tariffs for Singapore households are set to rise by 0.73 cents per kilowatt hour (kWh) – before the nine per cent Goods and Services Tax (GST) – to 23.15 cents per kWh for the period of 1 January 2024 to 31 March 2024.
Currently, households pay 22.42 cents kWh.
City Energy, Singapore's sole provider of piped town gas, said in announcement on Friday (29 December) that the increase is due to higher costs compared with the previous quarter.
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In the previous quarter, from 1 October to 31 December 2023, City Energy hiked gas tariffs by 0.51 cents per kilowatt hour (kWh) to 22.42 cents per kWh. At the time, the gas provider also cited higher fuel costs compared with the quarter before.
City Energy said that the gas tariffs were reviewed based on guidelines set by the Energy Market Authority (EMA), the gas industry regulator. The revised gas tariffs below have been approved by EMA:
Tariff Category | Existing Tariff (not inclusive of GST) | Revised Tariff (not inclusive of GST) | Revised Tariff (with 9 per cent GST) |
General Tariff (cents/kWh) | 22.42 | 23.15 | 25.23 |
Bulk Tariff A (cents/kWh) Minimum consumption: 1,000 kWh of gas per month | 21.28 | 22.01 | 23.99 |
Bulk Tariff B (cents/kWh) Minimum consumption: 50,000 kWh of gas per month | 20.72 | 21.45 | 23.38 |
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