Home News SP Services bill to go up by over 9 percent from tomorrow

SP Services bill to go up by over 9 percent from tomorrow

Author

Date

Category

- Advertisement -

SP Services has announced that for the period from 1 Jul to 30 Sep 2016, electricity tariffs will increase by an average of 9.2% or 1.59 cents per kWh compared to the previous quarter. It explained that the increase is largely due to the cost of natural gas for electricity generation, which rose by 26.0% compared to second quarter 2016.
Lower non-fuel costs which only partiality offset the higher costs, and the increase in Market Support Services fee to meet higher market system and development costs, are other reasons SP Services used to justify the increase.
The electricity industry regulator, Energy Market Authority (EMA), has approved the electricity tariffs increase by SP Services.
For households, the electricity tariff will increase from 17.68 to 19.27 cents per
kWh for 1 Jul to 30 Sep 2016. The average monthly electricity bill for families living in
four-room HDB flats will increase by $6.79.
1
 Follow us on Social Media

Send in your scoops to news@theindependent.sg 

No tags for this post.
- Advertisement -

Nearly 10,000 take umbrage at Ng Yat Chung and sign petition calling for his dismissal

Singapore -- Almost 10,000 people have taken umbrage at SPH CEO Ng Yat Chung’s “boorish behaviour” and have signed a petition calling for his dismissal. Singapore Press Holdings (SPH) Chief Executive Officer (CEO) Ng Yat Chung took “umbrage” at a reporter's questions...

K Shanmugam: Ng Yat Chung’s reaction, and the way he answered the question was very unfortunate

Singapore – Home Affairs and Law Minister K Shanmugam took to social media to point out his views on the Singapore Press Holdings (SPH) restructuring, and added that SPH Ceo Ng Yat Chung's reaction to a reporter was "very unfortunate". Speaking at...

‘I will never wear a mask,’ says foreigner in MRT after being told to wear one

Singapore – A video of a man explaining to passengers why "he will never wear a mask" while inside the MRT has been circulating online, garnering responses from the online community to put him to task. "Another sovereign who refused to wear...
Follow us on Social Media

Send in your scoops to news@theindependent.sg 

No tags for this post.
Theindependent