Many Singaporeans keep an eye on SP electricity rates to budget monthly expenses and compare against other electricity retailers.

Customers who have not switched to an Open Electricity Market (OEM) retailer continue to pay the SP regulated tariff set quarterly by the Energy Market Authority.

Rising fuel prices or changes in supply can cause the sp electricity rate​ 8 36 regulated tariff to increase, which directly impacts household bills.

For example, the rate for a given quarter might be around 27–30 cents per kWh, but this changes based on market conditions.

Switching to another retailer is simple, and many Singaporeans compare both price and contract terms before making a change.

Energy-saving habits and efficient home appliances can help lower overall costs even if rates rise.

Overall, understanding SP electricity rates allows Singaporeans to manage costs effectively and choose the best plan for their needs.