Expect cheaper gas as oil prices continue falling
SINGAPORE — With oil prices falling, households can continue to expect lower gas bills from May 1 to July 31.
SINGAPORE — With oil prices falling, households can continue to expect lower gas bills from May 1 to July 31.
The gas tariff for households will decrease by 1.40 cents per kilowatt hour (kWh) — from 19.02 cents per kWh to 17.62 cents per kWh for the next three months, City Gas said yesterday. “This is due to a drop in fuel costs compared with the previous quarter,” it added.
Between February and April, the gas tariff for households decreased by 1.81 cents per kWh — from 20.83 cents per kWh to 19.02 cents per kWh.
Gas prices are reviewed by City Gas based on guidelines set by the Energy Market Authority, the gas industry regulator.
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