Dear readers, the tariffs for electricity and gas for Singapore households will increase in the fourth quarter, as you may have read, by now.
The electricity tariff will increase from 23.38 cents per kilowatt hour (kwh) to 24.11 cents per kwh in the fourth quarter, excluding GST; this translates into a 3.12% increase. According to the SP group, the average monthly electricity bill for families living in four-room Housing Board flats will increase by $2.49.
The gas tariffs for households will increase from 18.47 cents per kwh to 19.04 cents per kwh (both rates excluding GST); this translates into a 3.08% increase.
Ever since working from home, my electricity and gas bills have been going north, despite switching to an open electricity retailer. This must have to do with me using more electricity for my work computer. The increase in bills is partially offset by the reduced commutation cost to work which I incurred in the pre-Covid 19 days.
The cost of living in Singapore seems to be getting higher, from the prices of food I experienced and now to the electricity and gas tariffs. And I hope any increase to the GST will be effected only at a much later date.
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