06/10/2026
Q4 tariffs dropped 10.6% from 1 October 2026, but the relief may be short-lived.
SP Group announced on 30 September 2026 that the overall electricity tariff (before GST), including tariffs for non-households, will decrease by an average of 10.6% or 3.32 cents per kWh compared with the preceding quarter.
The new rate: 28.59 cents per kWh (before GST).
However, SP Group has also warned that global fuel prices have risen since September 2026 due to escalating tensions in the Middle East and that tariffs may increase again for the next quarter.
This is exactly why reviewing your electricity contract position at every tariff cycle matters.
๐ aecoenergy.sg
Source: SP Group, 30 September 2026