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.
Rising fuel prices or changes in supply can cause the regulated tariff to increase, which directly impacts household bills.
For example, more info the rate for a given quarter might be around 27–30 cents per kWh, but this changes based on market conditions.
Customers looking to save money can compare the SP rate with fixed or discount plans from OEM retailers, many of whom offer competitive alternatives.
Look out for national campaigns and incentives that promote smarter energy use and offer savings on your utility bills.
Overall, understanding SP electricity rates allows Singaporeans to manage costs effectively and choose the best plan for their needs.