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Our Energy Story


Discover how the Singapore Energy Story sets the vision towards a net-zero energy future.

Energy Supply

Gain insights into the four switches that power Singapore’s economy and our daily lives.

Energy Demand

Discover ways to enhance energy efficiency and lower your carbon footprint.

Energy Grid

Explore how EMA ensures a reliable and secure energy supply for everyone.

Energy Market Landscape

Learn about the intricacies of Singapore’s energy market structure and operations.

Consumer Information


Get tips on buying electricity and protecting your family from electrical hazards.


Learn about purchasing gas and safeguarding your family against gas hazards.


Access information on installing solar panels at your home and selling excess electricity to the national grid.

Regulations & Licences


Stay up-to-date with the latest regulations, policies and frameworks governing the energy sector.


Learn about the licences that EMA issues to different stakeholders in the energy sector.

Regulatory Publications

Read about the Codes of Practice and Circulars that EMA publishes to regulate the energy sector.


Calls for Proposal

Collaborate with EMA in co-creating innovative solutions for the energy sector.


Give your comments and feedback on EMA’s policies and regulations.

R&D Partnerships

Discover how EMA works with stakeholders to catalyse new and innovative digital technologies.

Talent Development

Learn about EMA’s efforts in nurturing talent and cultivate interest in the energy sector.

Welcome to EMA’s new website. We would love to get your valuable feedback through FormSG.

Chapter 5: Energy Prices

Uniform Singapore Energy Price (USEP)

USEP has stabilised downwards with the introduction of pre-emptive measures to enhance Singapore’s energy security and resilience since 1H 2022. The elevated USEP* in Q2 2023 was attributable to higher demand for electricity and maintenance of generation facilities.

*The Uniform Singapore Energy Price (USEP) is the half-hourly energy price in the Singapore Wholesale Electricity Market. Energy withdrawal from the national grid is settled at the USEP.

Monthly Average USEP

*Data for 2023 is as at Jun-2023.

Visit the Statistics section for more recent statistics on USEP.

Electricity and Town Gas Tariffs

The regulated Electricity tariffs trended upwards from 2020 to the beginning of 2H 2022 before trending downwards. Overall, the regulated Electricity tariffs decreased by 6.0% from an average of 30.0 cents per kWh in 2H 2022 to an average of 28.2 cents per kWh in 1H 2023.

A similar downward trend was observed for the General Town Gas tariffs. The General Town Gas tariff decreased by 5.0% from an average of 22.9 cents per kWh to an average of 21.8 cents per kWh during the same period.


  1. Electricity and Town Gas tariffs are regulated by the EMA. The tariffs are updated quarterly to reflect changes in the cost of generating/producing and delivering electricity/gas to consumers.
  2. There are three categories of Town Gas tariffs. They are (i) General Tariff, (ii) Bulk Tariff A, and (iii) Bulk Tariff B. The Town Gas tariffs are categorised according to the consumption of Town Gas per month. The General Tariff applies to consumers who consume less than 1,000 kWh of Town Gas per month. The Bulk Tariff A and Bulk Tariff B apply to consumers who consume a minimum consumption of 1,000 kWh and 50,000 kWh of Town Gas per month respectively.

Electricity and Town Gas Tariffs

*Data for 2023 is as at Jun-2023.

Annual Electricity Tariffs by Components (Low Tension Tariffs)

Energy cost constituted the largest component (76.7% or 21.6 cents per kWh) of electricity tariff in 2023 (as at Q2 2023). It was calculated using the average of daily Natural Gas prices (indexed to Oil prices) in the first two-and-a-half months in the preceding quarter.

Note: The four main components of Electricity tariffs in Singapore are

  1. Energy Costs (paid to the generation companies),
  2. Grid Charges (paid to SP PowerAssets),
  3. Market Support Services Fees (paid to SP Services), and
  4. Market Administration and Power System Operation Fees (paid to the Energy Market Company and the Power System Operator respectively).

Breakdown of Low Tension Electricity Tariffs by Components

*Data for 2023 is as at Jun-2023.