sp electricity rate 8 36
Staying updated on the latest SP electricity rate helps residents make informed decisions about their energy provider.
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.
For example, the rate for a given quarter might be around 27–30 cents per kWh, but this changes based on market conditions.
Since here the launch of OEM, residents can switch providers if they find a better deal or prefer a fixed-rate plan over the variable tariff.
Look out for 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.