In late September, it was announced that electricity tariffs would rise by about 9 per cent as compared to the July to September quarter, which places it at $21.43 cents per kilowatt hour (kwh) from Oct – Dec 2020, or 22.93 cents per kwh after the 7 per cent GST.
For families living in four-room HDB flats, this means an average monthly increase of $7.01 to your electricity bill.
However, according to the industry regulator Energy Market Authority (EMA), the electricity tariff changes apply to only 53 per cent of households powered by SP Group at the regulated tariff.
Nonetheless, it’s always a good idea to both slash your utilities bill (especially now that most of us are still working from home) and save the Earth. Here’s how.