Real Estate Agent

All You Need To Know Electricity Tariff

Introduction

The electricity tariff is an important aspect of our day-to-day lives that often goes unnoticed. It is, however, something we should be more mindful of, especially as it continues to increase.

Electricity Tariff in Singapore

The electricity tariff Singapore is one of the most expensive in the world. The tariff consists of two parts: the Energy Charged and the Service and Administration Charged.

The Energy Charged is based on the amount of energy used. The more energy you expend, the more charged you will become. The Service and Administration Charged is a fixed charge that everyone pays, whether they use a lot or a little energy.

What Affects Your Electricity Bill?

Many factors can affect your electricity bill. The most common ones are:

  • The size of your home or business
  • How well your home is insulated
  • The type of appliances you use
  • Whether you have air conditioning or not
  • Whether you use energy-efficient light bulbs

How Can You Save On Your Electricity Bill?

There are several ways that you can save on your electricity bill, and we’re going to share a few of them with you in this article. One of the best ways to save money on your electricity bill is to make sure that you are using energy-efficient appliances. You can also save money by turning off electronics when they are not in use, and by making sure that your home is properly insulated.

Conclusion

By understanding the different rates and what they cover, you can make informed decisions about your electricity usage.