City Gas Pte Ltd, as Trustee of City Gas Trust, announced today that the gas tariff for households will be reduced by 0.84% due to lower fuel prices, from 21.54 cents per kilowatt hour (kWh) to 21.36 cents per kWh with effect from 1 Nov 2012. This follows the 2.8% drop in gas tariff in the previous quarter (1 Aug to 31 Oct 2012). The reduction in the average town gas bill for households will range from 8 cents a month for 1-room HDB flats to 16 cents a month for 5-room HDB flats.
City Gas reviews the gas tariffs based on guidelines set by the Energy Market Authority (EMA), the gas industry regulator. The revised gas tariffs, which have been approved by EMA to take effect from 1 Nov 2012, are as follows:
| Tariff Category | Existing Tariff* |
Revised Tariff* |
Revised Tariff (with 7% GST) |
| General Tariff (cents/kWh) | 21.54 | 21.36 | 22.86 |
| Bulk Tariff A (cents/kWh) Minimum consumption: 1,000 kWh of gas per month |
20.54 | 20.36 | 21.79 |
| Bulk Tariff B (cents/kWh) Minimum consumption: 50,000 kWh of gas per month |
20.05 | 19.87 | 21.26 |
*Rates reflected are not inclusive of 7% GST