Electricity tariff for all households to rise by 9.3% from Oct. to Dec. 2020

Electricity tariff for all households to rise by 9.3% from Oct. to Dec. 2020

Mothership - News·2020-09-30 13:36

Electricity tariffs for all households will increase by 9.3 per cent, or an average of 1.83 cents per kWh, before Goods and Services Tax (GST), for the period from Oct. 1, 2020, to Dec. 31, 2020.

According to SP Group, the increase in tariffs for the upcoming quarter is due to higher energy costs, which forms a major component of the electricity tariff, and is paid to power generation companies.

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