sp electricity rate 8 36
Many Singaporeans keep an eye on SP electricity rates to budget monthly expenses and compare against other electricity retailers.
Customers who have not switched to an Open Electricity Market (OEM) retailer continue to pay the SP regulated tariff set quarterly by the Energy Market Authority.
Singapore’s electricity rates are influenced by global energy trends, so any spike in fuel costs may be reflected in the quarterly tariff.
The SP regulated tariff is published on the SP Group website and in media channels at the start of each quarter—usually quoted in cents per kWh (kilowatt-hour).
Switching to another retailer is simple, and many Singaporeans compare both price and contract terms before making a change.
Look out for read more national campaigns and incentives that promote smarter energy use and offer savings on your utility bills.
To sum up, keeping track of electricity tariffs empowers you to make smart choices about your provider and energy use.