Singaporean households are set to face higher electricity and gas tariffs from July to September 2026. The Energy Market Authority (EMA) announced a 17% increase in the overall electricity tariff, and the gas tariff for households will rise by 7.1%. This surge is primarily attributed to earlier escalations in natural gas prices, a direct consequence of the Middle East conflict, which has driven up the cost of electricity and gas production in Singapore.
The average monthly electricity bill for families residing in four-room Housing and Development Board (HDB) flats is projected to increase by $17.14 (US$13.24). The electricity price will reach 31.91 cents per kWh for the quarter, reflecting a 4.64 cents per kWh increase from the previous quarter before Goods and Services Tax (GST). Similarly, the gas tariff will climb from 21.92 cents per kWh to 23.48 cents per kWh before GST.
Singapore is heavily reliant on imported energy, with approximately 95% of its electricity generated from imported natural gas. The EMA stated that changes in fuel prices in one quarter typically reflect in electricity tariffs the following quarter. The full impact of elevated natural gas prices, which began after the Middle East conflict escalated around February 28, 2026, is now being incorporated into tariff calculations.
While the situation in the Middle East remains uncertain, the EMA noted that an improvement could lead to lower fuel prices and potentially reduced electricity and town gas tariffs in the fourth quarter of 2026. To mitigate the impact on households, another tranche of U-Save and Service & Conservancy Charges (S&CC) rebates, as announced in Budget 2026, will be disbursed in July.
Analysts had previously anticipated significant increases, with some predicting a 20% to 30% rise in electricity tariffs. For instance, Amanda Kang, principal analyst for South-east Asia gas research at S&P Global Energy, had projected a 20% to 25% increase, which could translate to a $30 spike in the monthly electricity bill for a four-room HDB flat. The current tariff, which includes GST, was 29.72 cents per kilowatt-hour (kWh).
