City Gas Pte Ltd, as Trustee of City Gas Trust, announced today that the gas tariff for households will decrease by 0.8% from 1 February to 30 April 2014. This is due to a decrease in fuel costs of 2% compared to the previous quarter. The gas tariff for households will decrease from 21.18 cents per kilowatt hour (kWh) to 21.01 cents per kWh.
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 February 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) | 21.18 | 21.01 | 22.48 |
Bulk Tariff A (cents/kWh) Minimum consumption: 1,000 kWh of gas per month | 20.18 | 20.01 | 21.41 |
Bulk Tariff B (cents/kWh) Minimum consumption: 50,000 kWh of gas per month | 19.68 | 19.51 | 20.88 |
*Rates reflected are not inclusive of 7% GST