$Sembcorp Ind (U96.SG)$ Gas and electricity prices will go u...

Gas and electricity prices will go up for the next three months as a result of higher carbon tax, a scheduled increase in the goods and services tax (GST) and rising energy costs.

From Jan 1 to March 31, 2024, households supplied by SP Group will see a 5 per cent increase in electricity tariffs to 32.58 cents per kilowatt-hours (kWh) after GST, up from 31 cents currently.