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ELECTRICITY & GAS TARIFFS TO INCREASE FOR NEXT 3 MONTHS

SP Group had a media release that stated the amount and reason why there is an increase from 1 July to 30 September 2021.

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Electric

For the period from 1 July to 30 September 2021, electricity tariff (before
7% GST) will increase by an average of 3.8% or 0.84 cent per kWh compared with the previous quarter. This is due to higher cost of fuel for producing electricity by the power generation companies.

For households, the electricity tariff (before 7% GST) will increase from 22.55 to 23.38 cents per kWh for 1 July to 30 September 2021.

Image Source: SP Group

Gas

City gas said that the gas tariff for households will increase 0.4 cents to 18.47 cents excluding GST.

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