sp electricity rate 8 36
Many Singaporeans keep an eye on SP electricity rates to budget monthly expenses and compare against other electricity retailers.
Customers who have not switched to an Open Electricity Market (OEM) retailer continue to pay the SP regulated tariff set quarterly by the Energy Market Authority.
As of recent quarters, SP electricity rates have fluctuated due to global changes in oil and natural gas prices.
Consumers can check the current rate online or through their SP Utilities click here app for the most accurate figure.
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.
Overall, understanding SP electricity rates allows Singaporeans to manage costs effectively and choose the best plan for their needs.