Saturday, June 30, 2012

Electricity prices set to fall starting from July 1

Singapore ~ From Sunday, the electricity tariff for households will decrease by 2.4 per cent, which would work out to about $2.69 less a month for a family living in a four-room HDB flat.
The latest price will last till the end of September. This is the second price reduction in the last nine months.
It comes on the back of a previous increase in the last quarter of 4.3 per cent, or $4.18 more for the same family.

This will make the tariff 28.08 cents/kilowatt now. At its recent peak, it hit 30.45 cents in October 2008, while the lowest was in January 2002 at 15.02 cents.

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