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SP Group’s electricity bills are expected to drop by an average of 2.7 percent in the first quarter of next year.
SP Group said it can save 0.79 cents per kilowatt-hour of electricity without adding GST.
It attributed that to lower energy prices in the quarter than in the previous quarter.
Electricity tariff has risen for 6 consecutive quarters since April 2021. But now for the second quarter in a row, the electricity bill has decreased.