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Singapore Households Face Record Power Bills as War Impact Hits

Singapore Households Face Record Power Bills as War Impact Hits
Bloomberg Markets Tuesday 30 June 2026, 07:22 UTC By Sing Yee Ong 1 min read
Key Points

Singapore Households Face Record Power Bills as War Impact Hits Power bills for households in Singapore will hit a record next quarter as the impact of the US-Iran war feeds through, highlighting the inflationary fallout from the conflict even as regional tensions ease. The charge will rise 17% to 31.91 Singapore cents (25 US cents) per kilowatt hour for the July-to-September period, grid operator SP Group said in a statement. That tops the peak of 30.17 cents in the third quarter of 2022...

Singapore Households Face Record Power Bills as War Impact Hits Power bills for households in Singapore will hit a record next quarter as the impact of the US-Iran war feeds through, highlighting the inflationary fallout from the conflict even as regional tensions ease. The charge will rise 17% to 31.91 Singapore cents (25 US cents) per kilowatt hour for the July-to-September period, grid operator SP Group said in a statement. That tops the peak of 30.17 cents in the third quarter of 2022 after Russia’s invasion of Ukraine, and is the highest in data going back to 2014.
Singapore (LOCATION) US (LOCATION) Iran (LOCATION) SP Group (ORG) Russia (LOCATION) Ukraine (LOCATION)
Originally published by Bloomberg Markets Read original →

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