SINGAPORE – Electricity prices for households are poised to rise in 2024 as power generation companies will face higher tax for their carbon emissions.
On average, the higher carbon tax could lead to an increase of $4 in monthly household utility bills for a four-room HDB flat, according to a forecast from the National Climate Change Secretariat (NCCS). This is assuming the full cost of the carbon tax is passed on to consumers. Electricity retailers have not yet disclosed details of price...
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On average, the higher carbon tax could lead to an increase of $4 in monthly household utility bills for a four-room HDB flat, according to a forecast from the National Climate Change Secretariat (NCCS). This is assuming the full cost of the carbon tax is passed on to consumers. Electricity retailers have not yet disclosed details of price...
Read more