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SP electricity rates in Singapore are an important topic for households and businesses wanting to manage their utility bills.

SP Group is the main electricity provider for customers who remain on the regulated tariff scheme, also known as the SP regulated tariff.

Rising fuel prices or changes in supply can cause the regulated tariff to increase, which directly impacts household bills.

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

Since the launch of OEM, residents can switch providers if they find a better deal or prefer a fixed-rate plan over the variable tariff.

Besides comparing rates, residents are encouraged to monitor their energy usage and take advantage of tips and rebates offered by SP Group and government schemes.

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

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