When it comes to electricity prices, there is no getting away from the fact that Singapore is one of the most expensive countries in the world. This is largely due to the high cost of living in the city-state, which has some of the highest rents and property prices in the world.
However, it is worth noting that Singapore electricity prices are not that much higher than those in other developed countries. When comparing average electricity prices across a range of developed countries, Singapore ranks somewhere in the middle.
So while Singapore may be an expensive place to live, it is not necessarily an expensive place to power your home. Below we have compiled a list of average residential electricity prices in Singapore, as well as a few other developed countries, to give you an idea of how Singapore stacks up.
Table of Contents
Country Average residential electricity price (cents per kWh)
- Australia – 23.63
- Canada – 15.65
- France – 18.07
- Germany – 29.54
- Japan – 18.49
- Singapore – 18.13
- The United Kingdom – 18.57
- The United States – 12.87
As you can see from the table above, Singapore electricity prices are not in line with those in other developed countries. When compared to some of its neighbors, such as Australia and Japan, Singapore’s electricity prices are quite reasonable.
Of course, this is little consolation for those who are struggling to pay their electricity bills in Singapore. The high cost of living in the city-state means that many people are finding it difficult to make ends meet, and the last thing they need is an increase in their electricity prices.
If you are one of those people who is struggling to pay your electricity bills, there are a few things you can do to try and reduce your costs. Here are a few tips:
1. Use energy-efficient appliances:
If you have old, inefficient appliances, they could be costing you a lot of money in wasted energy. Replacing them with newer, more efficient models could help you to save a significant amount on your electricity bill.
2. Use less air-conditioning:
Air conditioning is one of the biggest contributors to high electricity bills in Singapore. If you can, try to use fans or other methods of cooling your home instead of air-conditioning.
3. Use natural light:
Where possible, try to make use of natural light instead of artificial lighting. This will help to reduce your electricity consumption and, as a result, your bill.
4. Insulate your home:
Making sure your home is well insulated can help to keep the heat in during the day and the cool air in at night. This will reduce the amount of energy you need to use to maintain a comfortable temperature in your home, and could lead to big savings on your electricity bill.
5. Turn off lights and appliances when you’re not using them:
This may seem like a no-brainer, but it’s amazing how many people leave lights and appliances on when they’re not using them. If you can get into the habit of turning things off when you’re not using them, you could see a significant reduction in your electricity consumption – and your bill.
Conclusion
Singapore has high electricity prices when compared to other developed countries, but it is not the most expensive place to live. There are several ways to reduce your electricity costs, such as using energy-efficient appliances and making use of natural light. If you are struggling to pay your electricity bills, some organizations can offer advice and assistance.