Singapore households will pay less for electricity and town gas from October to December 2026, with lower energy costs driving a sharp decline in regulated tariffs for the fourth quarter.
The household electricity tariff before GST will fall by 10.4%, or 3.32 cents per kilowatt-hour, compared with the July-to-September rate. For families living in four-room HDB flats, the reduction is expected to lower the average monthly electricity bill by about S$12.29 before GST.
The overall electricity tariff, covering both households and non-households, will decline by an average of 10.6%, also equivalent to a 3.32-cent reduction per kWh. The decrease follows lower fuel costs during the period used to determine the fourth-quarter tariff.
Town gas prices will also fall. The household town gas tariff before GST will decrease by 2.03 cents per kWh, representing an 8.6% reduction from the previous quarter.
The lower tariffs mark a reversal from the sharp increase recorded in the third quarter, when household electricity prices rose 17% amid higher natural gas costs linked to the conflict in the Middle East.
However, the relief could be temporary. Energy providers have warned that electricity and gas tariffs may rise again in the next quarter if global fuel prices remain elevated. Fuel prices began increasing again in September amid renewed tensions in the Middle East, although those increases will be reflected in regulated tariffs with a time lag.
Singapore reviews its regulated electricity and town gas tariffs every quarter under guidelines set by the Energy Market Authority. The calculation is based largely on natural gas prices during the first two and a half months of the preceding quarter, meaning changes in global fuel markets take time to appear on household bills.
Eligible HDB households will also receive U-Save rebates as part of government support for household utility costs. The rebates are intended to help offset the impact of higher utility expenses, particularly following the increase in the carbon tax from 2026.
For now, the October-to-December tariff reductions provide households with some relief heading into the final months of the year, while future electricity and gas costs will continue to depend heavily on movements in global energy prices.
