Sources from singapore stated that a few days ago, reports were released that the water tariff will be increased in two different phases by april 2025 in Singapore. This means that the water bill will go up by 50 cents per cubic meter. This is 18% higher than the existing tariff. Meanwhile, the prices of two other essential items will rise. Before the announcement of water tariff hikes in singapore, rail and bus fare hikes were announced. In the next news in this context, it has been announced that electricity bills in singapore will increase by an average of 3.7 percent in the last quarter of 2023. That means an average increase of 0.98 cents per kWh. SP Group explained in a media release today, september 29, that this was due to higher energy costs as compared to the costs between July and September. As a result, from october to december, households in singapore can expect an increase of 27.74 to 28.70 cents per kilowatt before the GST is applied, SP Group said in a statement. This means that a household living in an HDB four-room flat will see an average monthly electricity bill increase of S$3.57.
Gas price hike
City Energy, one of Singapore's leading gas suppliers, has also announced a hike in gas tariffs from october 1 to december 31, 2023. This will be revised from 21.91 cents per kWh before GST to the current 22.42 cents per kWh.
This is an increase of 0.51 cents per kWh. Citi Energy has attributed the price increase to the increase in fuel prices. The revised gas tariffs have been approved by the EMA, it said in a statement.