Martin Lee @ Sg
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Higher Gas Bills from Next Month

City Gas said yesterday that the gas tariff for households would be increased by 3.3% from 1st May 2012. This translates to an increase from 21.45 cents to 22.16 cents per kilowatt hour (kWh).

While 3% might not sound like a lot, gas rates have actually gone up from 17.99 cents per kWh last year to 22.16 cents per kWh now. This is a whopping 20%+ increase.

Every quarter, gas tariffs are reviewed based on guidelines set by the Energy Market Authority (EMA). At the rate things are going, inflation is going to eat all of us alive.

The interesting thing is that the price of natural gas is actually at a 10-year low.

Unfortunately, when the gas contracts for S’pore were negotiated many years ago, the price of the gas that S’pore has to pay was based on the price of oil. So, even though the price of gas has collapsed, we have to pay more as the price of oil has been going up. Sigh.

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2 comments
Jack says 7 years ago

22.16 kWh for gas
28.78 kWh for electricity

Does anybody know whether this is directly correlated; example its cheaper to boil 3 litres of water using gas instead of electricity?
Or, its cheaper to cook using gas instead of electricity.
I’ve often wondered whether its cheaper to boil water using electric kettle or the stove.

Reply
    henry says 7 years ago

    I think there are other factors involved:

    A) Using the same volume of water: 1 lit using gas vs 1 lit using electric
    B) Using the type of vessel to boil the water: high conductivity metals or not
    C) Time taken to arrive at boiling point.

    From personal observations, electric kettle seems slower.
    But then again I use a bi-metal based pot that conducts heat very efficiently.
    It also retains heat very well, so when recipes require low & slow cooking times
    I suppose Gas is cheaper.

    I really do not care much about the rates.

    There is no other cheaper alternative that is practical anyway
    ( solar energy is still lagging behind here)

    Reply
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