City Gas Pte Ltd, as Trustee of City Gas Trust, announced today that the gas tariff for households will increase by 2.29% or 0.44 cent per kilowatt hour (kWh), from 19.23 cents per kWh to 19.67 cents per kWh for the period 1 November 2018 to
31 December 2018. This is due to an increase in fuel costs compared with the previous quarter.
City Gas reviews the gas tariffs based on guidelines set by the Energy Market Authority (EMA), the gas industry regulator. EMA has approved the gas tariffs as shown in the table below for the two-month period from 1 November 2018 to 31 December 2018. From 2019, City Gas will review and publish the approved gas tariffs for each 3-month period aligned with calendar quarters (i.e. January to March, April to June, and so on).
(with 7% GST)
|General Tariff (cents/kWh)||19.23||19.67||21.05|
|Bulk Tariff A (cents/kWh)|
1,000 kWh of gas per month
|Bulk Tariff B (cents/kWh)|
50,000 kWh of gas per month
*Rates reflected are not inclusive of 7% GST