For Immediate Release
30 Sep 2016
MEDIA RELEASE
ELECTRICITY TARIFF REVISION FOR THE PERIOD 1 OCTOBER TO 31
DECEMBER 2016
1. For the period from 1 Oct to 31 Dec 2016, electricity tariffs will decrease by an
average of 0.7% or 0.14 cent per kWh compared to the previous quarter. The tariff
reduction is due to the lower cost of natural gas for electricity generation, which fell by
2.5% compared to the previous quarter.
2. For households, the electricity tariff will decrease from 19.27 to 19.13 cents per
kWh for 1 Oct to 31 Dec 2016. The average monthly electricity bill for families living in
four-room HDB flats will decrease by $0.57 (see Appendix 3 for the average monthly
electricity bill for different household types).
Quarterly Household Electricity Tariff
21.00
20.35
Cents/kWh
20.00
19.50
19.27
19.13
Jul - Sep 16
Oct - Dec 16
19.00
17.68
18.00
17.00
16.00
Oct - Dec 15
Jan - Mar 16
Apr - Jun 16
3. SP Services reviews the electricity tariffs quarterly based on guidelines set by
the Energy Market Authority (EMA), the electricity industry regulator. The tariffs
given in Appendix 1 have been approved by the EMA.
_______________________________________________________________________________________________________
Issued by:
SP Services Limited
10 Pasir Panjang Road #03-01
Mapletree Business City
Singapore 117438
Co. Reg No : 199504470N
www.spservices.com.sg
Appendix 1
ELECTRICITY TARIFFS FROM 1 OCT 2016
Existing Tariff
New Tariff
New Tariff
(without GST) (without GST) (with 7% GST)
LOW TENSION SUPPLIES, DOMESTIC
All units, ¢/kWh
19.27
19.13
20.47
LOW TENSION SUPPLIES, NON-DOMESTIC
All units, ¢/kWh
19.27
19.13
20.47
HIGH TENSION SMALL (HTS) SUPPLIES
Contracted Capacity Charge
$/kW/month
8.36
8.36
8.95
Uncontracted Capacity Charge
$/chargeable kW/month
12.54
12.54
13.42
16.22
9.93
16.07
9.84
17.19
10.53
Reactive power Charge
¢/chargeable kVARh
0.59
0.59
0.63
HIGH TENSION LARGE (HTL) SUPPLIES
Contracted Capacity Charge
$/kW/month
8.36
8.36
8.95
Uncontracted Capacity Charge
$/chargeable kW/month
12.54
12.54
13.42
16.00
9.92
15.85
9.83
16.96
10.52
Reactive power Charge
¢/chargeable kVARh
0.59
0.59
0.63
EXTRA HIGH TENSION (EHT) SUPPLIES
Contracted Capacity Charge
$/kW/month
7.54
7.54
8.07
Uncontracted Capacity Charge
$/chargeable kW/month
11.31
11.31
12.10
15.16
9.83
15.01
9.74
16.06
10.42
0.48
0.48
0.51
kWh charge, ¢/kWh
Peak period (7.00am to 11.00pm)
Off-peak period (11.00pm to 7.00am)
kWh charge, ¢/kWh
Peak period (7.00am to 11.00pm)
Off-peak period (11.00pm to 7.00am)
kWh charge, ¢/kWh
Peak period (7.00am to 11.00pm)
Off-peak period (11.00pm to 7.00am)
Reactive power Charge
¢/chargeable kVARh
Appendix 2
BREAKDOWN OF ELECTRICITY TARIFF
1. The electricity tariff consists of the following four components:
a)
Energy costs (paid to the generation companies): This component is
adjusted quarterly to reflect changes in the cost of power generation.
b)
Network costs (paid to SP PowerAssets): This fee is reviewed annually.
c)
Market Support Services Fee (paid to SP Services): This fee is reviewed
annually.
d)
Market Administration and Power System Operation Fee (paid to Energy
Market Company and Power System Operator): This fee is reviewed annually to
recover the costs of operating the electricity wholesale market and power
system.
Q4 2016 TARIFF
Market Admin & PSO Fee
0.05¢/kWh (<1%)
MSS Fee
0.37¢/kWh (1.9%)
Network Costs
5.30¢/kWh (27.7%)
Energy Costs
13.41¢/kWh (70.1%)
Appendix 3
AVERAGE MONTHLY ELECTRICITY BILLS OF DOMESTIC CUSTOMERS
(TARIFF WEF 1 OCTOBER 2016)
Average monthly
consumption per
Customer
Average
Monthly Bill
New Average
Monthly Bill
kWh
$(a)
$(b)
$(b-a)
%
HDB 1 Room
147.31
28.39
28.18
(0.21)
(0.7)
HDB 2 Room
208.00
40.08
39.79
(0.29)
(0.7)
HDB 3 Room
302.04
58.20
57.78
(0.42)
(0.7)
HDB 4 Room
406.71
78.37
77.80
(0.57)
(0.7)
HDB 5 Room
473.02
91.15
90.49
(0.66)
(0.7)
HDB Executive
584.74
112.68
111.86
(0.82)
(0.7)
Apartment
588.28
113.36
112.54
(0.82)
(0.7)
Terrace
995.41
191.82
190.42
(1.40)
(0.7)
Semi-Detached
1,292.08
248.98
247.17
(1.81)
(0.7)
Bungalow
2,477.25
477.37
473.90
(3.47)
(0.7)
Average
484.49
93.36
92.68
(0.68)
(0.7)
Types of Premises
Average Reduction in Monthly
Bill