‘Expect electricity prices to increase in coming months’: Tan See Leng
The Straits Times
Singapore expects electricity prices to increase due to the Middle East conflict, says Minister Tan See Leng. Read more at straitstimes.com.
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SINGAPORE - Although measures are in place to ensure that Singapore has enough energy to meet its needs, the conflict in the Middle East has driven up global gas prices, Minister-in-charge of Energy and Science and Technology Tan See Leng said in a Facebook post on March 12.
“We must therefore expect electricity prices to increase in the coming months,” said the minister.
Mr Tan added that: “Households and businesses have a part to play because they can offset some of this impact by conserving electricity and adopting more energy-efficient appliances.
“The Government also stands ready to support households and businesses as necessary.”
He pointed to measures announced at Budget 2026, with eligible HDB households to receive 1.5 times the regular amount of U-Save rebates to offset utilities bills, or up to $570 in the financial year.
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