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Electricity Tariffs to Fall by 9.3 Percent for the Next 3 Months

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Electricity tariffs will decrease by 2.06 per kWh from today to Dec 31 – an average drop of 9.3 percent

This was announced by SP Services today.

The power company said that the tariff reduction is due to lower cost of natural gas for electricity generation, which fell by 18.4 percent compared to the last quarter.

Singapore’s Energy Market Authority has approved the new tariffs.

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