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TOWN gas tariff for households will go up by 2.2 per cent


Sleepyman
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TOWN gas tariff for households will go up by 2.2 per cent from Feb 1 due to higher cost of gas production.

 

The new rate will raise tariff to 18.92 cents per kilowatt hour (kWh), adding about 36 cents more to the average monthly town gas bill for households, said City Gas Pte Ltd, the supplier, on Thursday.

 

In a statement, City Gas said: 'Gas tariffs are reviewed quarterly and adjusted in line with changes in the cost of feedstock for gas production, which in turn is pegged to the price of high sulphur fuel oil.

 

'The tariff increase in the coming quarter is due to higher HSFO prices over the last three months.'

 

The increase in gas tariffs has been approved by the industry regulator, the Energy Market Authority.

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TOWN gas tariff for households will go up by 2.2 per cent from Feb 1 due to higher cost of gas production.

 

The new rate will raise tariff to 18.92 cents per kilowatt hour (kWh), adding about 36 cents more to the average monthly town gas bill for households, said City Gas Pte Ltd, the supplier, on Thursday.

 

In a statement, City Gas said: 'Gas tariffs are reviewed quarterly and adjusted in line with changes in the cost of feedstock for gas production, which in turn is pegged to the price of high sulphur fuel oil.

 

'The tariff increase in the coming quarter is due to higher HSFO prices over the last three months.'

 

The increase in gas tariffs has been approved by the industry regulator, the Energy Market Authority.

is that after inclusion of GST or not

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