Media Release - Electricity Tariff Revision For The Period 1 July To

MEDIA RELEASE
ELECTRICITY TARIFF REVISION FOR THE PERIOD 1 JULY TO 30 SEPTEMBER 2017
Singapore, 30 June 2017 – For the period from 1 July to 30 September 2017, electricity tariffs will
decrease by an average of 3.2% or 0.67 cent per kWh compared to the previous quarter. The
reduction is due to the lower cost of natural gas for electricity generation, which fell by 7.5%
compared to the previous quarter.
For households, the electricity tariff will decrease from 21.39 to 20.72 cents per kWh for 1 July to 30
September 2017. The average monthly electricity bill for families living in four-room HDB flats will
decrease by $2.55 (see Appendix 3 for the average monthly electricity bill for different household
types).
Quarterly Household Electricity Tariff
22.00
21.39
20.72
21.00
20.35
20.20
Cents/kWh
20.00
19.50
19.27
19.13
19.00
17.68
18.00
17.00
16.00
Oct - Dec 15
Jan - Mar 16
Apr - Jun 16
Jul - Sep 16
Oct - Dec 16
Jan - Mar 17
Apr - Jun 17
Jul - Sep 17
SP Group reviews the electricity tariffs quarterly based on guidelines set by the Energy Market
Authority (EMA), the electricity industry regulator. The tariffs given in Appendix 1 have been
approved by the EMA.
Issued by:
SP Group
2 Kallang Sector
Singapore 349277
www.spgroup.com.sg
Appendix 1
ELECTRICITY TARIFFS FROM 1 JULY 2017
Existing Tariff
(without GST)
New Tariff
(without GST)
New Tariff
(with 7% GST)
LOW TENSION SUPPLIES, DOMESTIC
All units, ¢/kWh
21.39
20.72
22.17
LOW TENSION SUPPLIES, NON-DOMESTIC
All units, ¢/kWh
21.39
20.72
22.17
HIGH TENSION SMALL (HTS) SUPPLIES
Contracted Capacity Charge
$/kW/month
8.36
8.36
8.95
Uncontracted Capacity Charge
$/chargeable kW/month
12.54
12.54
13.42
Peak period (7.00am to 11.00pm)
18.68
17.94
19.20
Off-peak period (11.00pm to 7.00am)
11.30
10.84
11.60
Reactive power Charge
¢/chargeable kVARh
0.59
0.59
0.63
HIGH TENSION LARGE (HTL) SUPPLIES
Contracted Capacity Charge
$/kW/month
8.36
8.36
8.95
Uncontracted Capacity Charge
$/chargeable kW/month
12.54
12.54
13.42
Peak period (7.00am to 11.00pm)
18.46
17.72
18.96
Off-peak period (11.00pm to 7.00am)
11.29
10.83
11.59
Reactive power Charge
¢/chargeable kVARh
0.59
0.59
0.63
EXTRA HIGH TENSION (EHT) SUPPLIES
Contracted Capacity Charge
$/kW/month
7.54
7.54
8.07
Uncontracted Capacity Charge
$/chargeable kW/month
11.31
11.31
12.10
Peak period (7.00am to 11.00pm)
17.57
16.84
18.02
Off-peak period (11.00pm to 7.00am)
11.19
10.74
11.49
Reactive power Charge
¢/chargeable kVARh
0.48
0.48
0.51
kWh charge, ¢/kWh
kWh charge, ¢/kWh
kWh charge, ¢/kWh
Appendix 2
BREAKDOWN OF ELECTRICITY TARIFF
1. The electricity tariff consists of the following four components:
a)
Energy costs (paid to the generation companies): This component is adjusted
quarterly to reflect changes in the cost of power generation.
b)
Network costs (paid to SP PowerAssets): This fee is reviewed annually.
c)
Market Support Services Fee (paid to SP Services): This fee is reviewed annually.
d)
Market Administration and Power System Operation Fee (paid to Energy Market
Company and Power System Operator): This fee is reviewed annually to recover the costs
of operating the electricity wholesale market and power system.
Q3 2017 TARIFF
Market Admin & PSO Fee
0.05¢/kWh (<1%)
MSS Fee
0.37¢/kWh (1.8%)
Network Costs
5.30¢/kWh (25.6%)
Energy Costs
15.00¢/kWh (72.4%)
Appendix 3
AVERAGE MONTHLY ELECTRICITY BILLS OF DOMESTIC CUSTOMERS
(TARIFF WEF 1 JULY 2017)
Average monthly
consumption per
Customer
Average
Monthly Bill
New Average
Monthly Bill
kWh
$(a)
$(b)
$(b-a)
%
HDB 1 Room
141.19
30.20
29.25
(0.95)
(3.1)
HDB 2 Room
199.55
42.68
41.35
(1.33)
(3.1)
HDB 3 Room
283.59
60.66
58.76
(1.90)
(3.1)
HDB 4 Room
380.25
81.34
78.79
(2.55)
(3.1)
HDB 5 Room
436.73
93.42
90.49
(2.93)
(3.1)
HDB Executive
537.11
114.89
111.29
(3.60)
(3.1)
Apartment
563.01
120.43
116.66
(3.77)
(3.1)
Terrace
926.44
198.17
191.96
(6.21)
(3.1)
Semi-Detached
1,215.60
260.02
251.87
(8.15)
(3.1)
Bungalow
2,484.15
531.36
514.72
(16.64)
(3.1)
Average
454.74
97.27
94.22
(3.05)
(3.1)
Types of Premises
Average Decrease in
Monthly Bill