Calculate Your Electricity Tariff Singapore

Every month we pay some money to our electricity supplier according to the bill which shows our monthly consumption. This money we pay is called an electricity tariff. electricity tariff singapore depends upon the supplier because each supplier charges different money per unit of electricity.

What is an electricity tariff?

 Electricity tariffs are the amount of money that is charged by the electricity supplier for the supply of electrical energy to the different types of customers. The tariff includes the cost of production of electricity along with the cost of supplying and an additional cost of government tax. The total money paid by the customer depends upon the total consumption whether the usage is domestic or industrial.

Factors affecting Electricity Tariff

The electricity tariff Singapore depends upon different factors such as the type of load, time of load requirement, power factor of load, amount of total energy needed and maximum demand of the electricity.

Type of Electricity tariff

There are different types of electricity tariffs namely flat demand rate, straight-line meter rate, block meter, two-part, three-part, power factor, peak load, etc.

How is the tariff calculated?

The electricity tariff Singapore is calculated by multiplying the device voltage by the number of users of the device and the cost per unit of electricity.

Conclusion:

There are different companies which provide electricity at different rates. One can choose based on their consumption as industrial consumers have higher consumption than domestic ones. Electricity is an important resource which should be utilized attentively.