{"id":11573,"date":"2024-06-28T13:53:07","date_gmt":"2024-06-28T05:53:07","guid":{"rendered":"https:\/\/daily.sg\/?p=11573"},"modified":"2024-06-28T13:53:16","modified_gmt":"2024-06-28T05:53:16","slug":"electricity-and-gas-prices-up-this-july-september-2024","status":"publish","type":"post","link":"https:\/\/daily.sg\/2024\/06\/electricity-and-gas-prices-up-this-july-september-2024\/","title":{"rendered":"Electricity and Gas Prices Up This July-September 2024"},"content":{"rendered":"\n<ol>\n<li><b>Electricity tariffs in Singapore will increase by 0.3%.<\/b><\/li>\n\n\n\n<li><b>Town gas tariffs will increase by 0.03 cents per kWh.<\/b><\/li>\n\n\n\n<li><b>Increased energy costs cited as reason for hikes.<\/b><\/li>\n<\/ol>\n\n\n\n<p><i>As the new quarter approaches, Singapore households prepare for higher energy costs.<\/i><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Energy Prices on the Rise<\/h2>\n\n\n\n<p>From 1 July to 30 September marks a period of big concern as <a href=\"https:\/\/www.straitstimes.com\/singapore\/gas-and-electricity-price-to-increase-from-july-to-september\" target=\"_blank\" rel=\"noopener\">The Straits Times<\/a> details an increase in power tariffs.<\/p>\n\n\n\n<p>Starting 1 July, electricity bills will see an increase.<\/p>\n\n\n\n<p>For a typical family in a four-room flat, expect to pay about 35 cents more.<\/p>\n\n\n\n<p>This increase stems from a 0.3% increase in the electricity tariff.<\/p>\n\n\n\n<p>Before tax, the new rate is 29.88 cents per kilowatt-hour.<\/p>\n\n\n\n<p>At the same time, gas tariffs are set for a rise due to increasing energy costs.<\/p>\n\n\n\n<p>Each unit will cost 0.03 cents more.<\/p>\n\n\n\n<p>Here are some key points to note:<\/p>\n\n\n\n<ul>\n<li>Electricity costs rise by 0.09 cents per kWh on average.<\/li>\n\n\n\n<li>Four-room Housing Board flats will see a fee increase by 35 cents monthly.<\/li>\n\n\n\n<li>Gas tariffs by City Energy go up, costing households more.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Impact on Households<\/h2>\n\n\n\n<p>According to a Singapore Power Group representative, <q>The hike is due to an increase in energy costs, by 0.09 cents per kWh on average.<\/q><\/p>\n\n\n\n<p>As utility bills grow, families must adjust their budgets to manage.<\/p>\n\n\n\n<p>Both electricity and gas will add to rising costs.<\/p>\n\n\n\n<p>Increased power charges come from changing global energy prices.<\/p>\n\n\n\n<p>Suppliers pass these on to consumers.<\/p>\n\n\n\n<p>City Energy confirms their tariffs are up, as approved by the Energy Market Authority.<\/p>\n\n\n\n<p>This means increased gas costs for residents.<\/p>\n\n\n\n<p>Take a look at this quick table for a clear overview:<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><th>Item<\/th><th>Cost Change<\/th><\/tr><tr><td>Electricity Tariff<\/td><td>0.3% Increase<\/td><\/tr><tr><td>Monthly Bill for 4-room HDB Flat<\/td><td>35 Cents Increase<\/td><\/tr><tr><td>Gas Tariff<\/td><td>0.03 Cents Increase per kWh<\/td><\/tr><tr><td>Average Energy Cost Hike<\/td><td>0.09 Cents Increase per kWh<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Public Reaction and Advice<\/h2>\n\n\n\n<p>The public reacts with worry over the added money stress that higher utility bills bring.<\/p>\n\n\n\n<p>Many worry about how this will affect the prices of goods and services.<\/p>\n\n\n\n<p>Experts suggest checking usage to manage bills well.<\/p>\n\n\n\n<p>Think about using energy-saving appliances to reduce this impact.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Looking Ahead<\/h2>\n\n\n\n<p>While the increases are small, their total effect is big.<\/p>\n\n\n\n<p>Households should get ready for more costly utilities.<\/p>\n\n\n\n<p>Authorities assure the public the new tariffs are still lower compared to the start of 2023.<\/p>\n\n\n\n<p>This may not help much for those on tight budgets.<\/p>\n\n\n\n<p>The changes are a reminder that energy costs always change, prompting residents to use energy more carefully.<\/p>\n\n\n\n<p><strong>With these changes, it&#8217;s wise for Singaporeans to better manage energy use and get ready for a more expensive quarter ahead.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brace for higher energy costs in Singapore as Electricity and gas prices rise this July-September 2024. <\/p>\n<p>Image Source\/s:<br \/>\nStock Image<\/p>\n","protected":false},"author":8,"featured_media":11571,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[15,28],"tags":[465,468,1238],"_links":{"self":[{"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/posts\/11573"}],"collection":[{"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/comments?post=11573"}],"version-history":[{"count":2,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/posts\/11573\/revisions"}],"predecessor-version":[{"id":11575,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/posts\/11573\/revisions\/11575"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/media\/11571"}],"wp:attachment":[{"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/media?parent=11573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/categories?post=11573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/daily.sg\/wp-json\/wp\/v2\/tags?post=11573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}