sp electricity rate​ 8 36

SP electricity rates in Singapore are an important topic for households and businesses wanting to manage their utility bills.

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.

Rising fuel prices or changes in supply can cause the regulated tariff to increase, which directly impacts household bills.

The SP regulated tariff is published on the SP Group website and in media channels at the start of each quarter—usually quoted in cents per kWh (kilowatt-hour).

Switching to another retailer is simple, and many Singaporeans compare both price and contract terms before making a change.

Besides comparing rates, residents are encouraged to monitor their energy usage and take advantage of tips and rebates offered by SP Group and government schemes.

In summary, whether you stick with SP or explore other retailers, staying informed about electricity rates here is key to controlling your household budget.