Electricity tariff for S’pore households to fall by 10.4% in 4th quarter of 2026

The tariffs are determined based on gas prices in the first 2½ months of the preceding quarter.

ST PHOTO: KELVIN CHNG

Published Sep 30, 2026, 12:11 PM

Updated Sep 30, 2026, 12:13 PM

SINGAPORE – Households in Singapore will see a 10.4% decrease in the electricity tariff from October to December due to lower energy costs.

Grid operator SP Group said in a statement on Sept 30 that the average monthly electricity bill for families living in Housing Board four-room flats will decrease by $12.99 before goods and services tax (GST).

The overall electricity tariff (before GST), including tariffs for non-households, will decrease by an average of 10.6% or 3.32 Singapore cents per kWh compared with the previous quarter.

In a separate statement, piped town gas provider City Energy said the gas tariff for households will decrease by 8.6%, from 2.03 Singapore cents per kWh in the previous quarter to 21.45 Singapore cents per kWh from Oct 1 to Dec 31.

This is due to lower fuel cost compared with the previous quarter, it said.

SP Group and City Energy review the electricity and gas tariffs every quarter based on guidelines set by regulator EMA.

Electricity and gas tariffs can fluctuate each quarter owing to volatile global fuel prices driven by geopolitical factors.

The tariffs are determined based on gas prices in the first 2½ months of the preceding quarter. Thus, changes in fuel prices in a quarter will only show up in the electricity tariffs in the next quarter.

Since the outbreak of the conflict, more households have taken up fixed-price electricity plans that lock in the rate at which consumers buy electricity for the duration of a contract.

The proportion of households on fixed-price plans rose from around 36.6% on Feb 1 to 38.4% on Sept 1.

The share of households buying electricity from SP Group under the regulated tariff fell from 63.4 per cent to 61.6 per cent over the same period.

Less than 0.1 per cent of Singapore households buy electricity at wholesale prices.

In the week of Sep 13 to Sept 19, the weekly Uniform Singapore Energy Price, a measure of the wholesale cost of electricity, hit $486.21 per megawatt-hour – the highest level so far in 2026.

Between July and September, electricity tariffs were 17 per cent higher than the previous quarter, while town gas tariffs increased by 7.1 per cent, owing to rising prices of natural gas amid the Middle East conflict.

Imported natural gas accounts for about 95 per cent of the Singapore’s electricity generation, and its price is largely tied to market prices.

Electricity and power

关税是根据上一季度前两个半月的天然气价格确定的。

《海峡时报》摄影：KELVIN CHNG

发布于 2026 年 9 月 30 日下午 12:11

更新于2026年9月30日下午12:13

新加坡——由于能源成本下降，新加坡家庭从10月到12月将享受10.4%的电费折扣。

新加坡电力集团（SP Group）在9月30日的一份声明中表示，居住在建屋发展局四房式组屋的家庭平均每月电费账单（不含消费税）将减少12.99新元。

与上一季度相比，包括非家庭用户在内的整体电价（不含消费税）将平均下降 10.6%，即每千瓦时下降 3.32 新加坡分。

在另一份声明中，管道燃气供应商 City Energy 表示，从 10 月 1 日至 12 月 31 日，家庭燃气价格将下降 8.6%，从上一季度的每千瓦时 2.03 新加坡分降至每千瓦时 21.45 新加坡分。

报告称，这是由于燃料成本较上一季度有所下降。

SP集团和城市能源公司每季度都会根据监管机构EMA制定的指导方针审查电力和天然气价格。

由于地缘政治因素导致全球燃料价格波动，电力和天然气价格每个季度都会有所波动。

电价是根据上一季度前两个半月的天然气价格确定的。因此，一个季度的燃料价格变化只会反映在下一季度的电价中。

自冲突爆发以来，越来越多的家庭选择了固定价格电力计划，该计划锁定消费者在合同期内购买电力的价格。

2 月 1 日，按固定价格计划付费的家庭比例约为 36.6%，到 ​​9 月 1 日上升至 38.4%。

同期，按管制电价从新加坡电力集团购买电力的家庭比例从 63.4% 下降到 61.6%。

新加坡只有不到0.1%的家庭以批发价购买电力。

9 月 13 日至 9 月 19 日这一周，新加坡每周统一能源价格（衡量电力批发成本的指标）达到每兆瓦时 486.21 美元，这是 2026 年迄今为止的最高水平。

7 月至 9 月期间，电力价格比上一季度上涨了 17%，而由于中东冲突导致天然气价格上涨，城市燃气价格上涨了 7.1%。

新加坡约 95% 的电力来自进口天然气，其价格很大程度上与市场价格挂钩。

电力