Electricity Rate Formula:
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This calculator helps determine the electricity rate per kilowatt-hour (kWh) in Singapore based on your total electricity bill and consumption. It's useful for comparing rates across different providers or understanding your current electricity costs.
The calculator uses a simple formula:
Where:
Explanation: This calculation gives you the average price you're paying for each unit of electricity consumed.
Details: Understanding your electricity rate helps in budgeting, comparing different electricity retailers in Singapore's open electricity market, and identifying potential savings opportunities.
Tips: Enter your total electricity bill in Singapore Dollars (SGD) and your electricity consumption in kilowatt-hours (kWh). Both values must be positive numbers.
Q1: What factors affect electricity rates in Singapore?
A: Rates are influenced by fuel costs, network charges, market competition, government taxes, and retailer pricing strategies.
Q2: How often do electricity rates change in Singapore?
A: Rates can change quarterly for regulated tariffs, while retailers in the open market may offer fixed or variable rates with different contract periods.
Q3: What is the average electricity rate in Singapore?
A: Rates vary but typically range between 0.20-0.30 SGD/kWh, depending on the retailer and contract type.
Q4: Does this calculator include GST?
A: If your total bill includes GST, the calculated rate will reflect the inclusive price. For exact comparisons, ensure you're comparing either GST-inclusive or exclusive rates consistently.
Q5: Can I use this for business electricity calculations?
A: Yes, the same formula applies, though business rates may differ from residential rates and often have additional components.