City Gas Pte Ltd, as Trustee of City Gas Trust, announced today that the gas tariff for households will decrease by 0.1% from 21.08 cents per kilowatt hour (kWh) to 21.06 cents per kWh from 1 August to 31 October 2014, due to a drop in fuel costs compared to the previous quarter.
City Gas reviews the gas tariffs based on guidelines set by the Energy Market Authority (EMA), the gas industry regulator. The revised gas tariffs from 1 August 2014, which have been approved by EMA, are as follows:
Tariff Category | Existing Tariff* | Revised Tariff* | Revised Tariff (with 7% GST) |
General Tariff (cents/kWh) | 21.08 | 21.06 | 22.53 |
Bulk Tariff A (cents/kWh) Minimum consumption: 1,000 kWh of gas per month | 20.08 | 20.06 | 21.46 |
Bulk Tariff B (cents/kWh) Minimum consumption: 50,000 kWh of gas per month | 19.58 | 19.56 | 20.93 |
*Rates reflected are not inclusive of 7% GST