N環球 
Singapore electricity tariff drops 10.4% in Q4 as fuel costs ease
SP Group cuts the regulated household electricity tariff 10.4% to 28.59 cents/kWh for Q4 2026, trimming the average four-room HDB bill by $12.99; town gas also falls, but rising fuel prices could push tariffs up next quarter.
Why it matters
Electricity tariffs feed directly into household budgets, and the 10.4% cut is the largest quarterly drop this year. It comes just as the government rolls out October utility rebates, meaning households get a double boost — though SP Group warns the relief may be short-lived.
Full report
SP Group announced on September 30 that Singapore's regulated household electricity tariff for October 1 to December 31, 2026 will fall 10.4%, or 3.32 cents per kWh before GST, to 28.59 cents per kWh, due to lower energy costs. With 9% GST, the rate is 31.16 cents per kWh.
The average monthly electricity bill for families in four-room HDB flats will fall by $12.99 before GST. The overall tariff, including non-household consumers, will decrease by an average of 10.6%, also 3.32 cents per kWh, compared with the previous quarter.
SP Group reviews tariffs quarterly under Energy Market Authority guidelines, based on average natural gas prices in the first two and a half months of the preceding quarter — for Q4, the window was July 1 to September 15, 2026. Town gas tariffs are also lower: City Energy cut the household gas tariff by 2.03 cents per kWh before GST, to 21.45 cents.
However, SP Group cautioned that global fuel prices have risen since September amid escalating Middle East tensions, and tariffs could rise again next quarter if that persists.
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