Higher electricity bills for Singapore households likely to be the norm due to rising fuel costs

Singapore's electricity retailers' current price plans cost around 10 per cent to 20 per cent higher than those available in July. PHOTO: ST FILE
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SINGAPORE - Households are becoming all too aware that electricity has got pricier in recent months and it is looking increasingly likely that these higher charges will be the norm for quite some time.

Industry players and observers point to rising energy costs and price spikes in the wholesale market as key factors driving electricity retailers to charge more for fixed-price plans.

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