Singapore household electricity rates to drop 10.4% in Q4 2026
From October to December 2026, Singapore households will see electricity tariffs fall by 10.4% as lower energy costs are passed through.
SP Group confirmed that Singapore’s regulated electricity tariff will be reduced by 10.4% for households during the October-December 2026 period, translating to a S$12.99 cut in the average monthly bill for a four-room HDB flat before GST. The broader tariff, which includes commercial and industrial users, is expected to fall by 10.6% - a reduction of 3.32 Singapore cents per kilowatt-hour - relative to the prior quarter.
City Energy likewise reported an 8.6% decrease in the household town-gas tariff, moving to S$0.2145 per kWh, citing lower fuel costs. Both providers revise rates each quarter in line with the Energy Market Authority’s framework, reflecting global fuel-price volatility that only appears in tariffs one quarter later. Since the regional conflict began, the share of consumers on fixed-price electricity plans has risen to about 38.4%, while the proportion buying regulated power from SP Group slipped to 61.6%. Wholesale electricity prices peaked at S$486.21 per megawatt-hour in mid-September, the highest level recorded in 2026.
