Electricity tariffs to increase by average of 2.3 per cent

Between Jan 1 and Mar 31, 2012, electricity tariffs will increase by an average of 2.3 per cent due to higher fuel prices.

The charges will increase to 27.59 cents per kilowatt hour from the current 26.98 cents, bringing about an average monthly increase of $2.30 in the electricity bills for families living in four-room HDB flats.

Electricity tariffs are reviewed every three months based on guidelines set by the Energy Market Authority, whick regulates the electricity industry.

ORIGINAL SOURCE
Content used in this not-for-profit blog remain the property of their respective owners.