sp electricity rate 8 36
Many Singaporeans keep an eye on SP electricity rates to budget monthly expenses and compare against other electricity retailers.
The SP rate is reviewed every three months and is based on fuel costs, market conditions, and operational expenses.
Rising fuel prices or changes in supply can cause the regulated tariff to increase, which directly impacts household bills.
The SP regulated tariff is published on the SP Group website and in media channels at the start of each click here quarter—usually quoted in cents per kWh (kilowatt-hour).
Since 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.
In summary, whether you stick with SP or explore other retailers, staying informed about electricity rates is key to controlling your household budget.