Singapore water price to increase by 50 cents per cubic m over next 2 years
The first phase of water price increase in Singapore will see a rise of 20 cents per cubic m, followed by 30 cents in the next.
SINGAPORE — Consumers will soon have to pay more for water, as prices are set to increase by 50 cents per cubic m over the next two years.
In an announcement on Wednesday (27 September), Singapore's national water agency PUB said the water price hike will be revised in two phases – on 1 April 2024 and 1 April 2025 – to reflect the rising costs of producing and supplying water.
The first phase will see an increase of 20 cents per cubic m, followed by a further 30 cents per cubic m from 1 April 2025. For NEWater customers, the NEWater price will increase by 17 cents per cubic m, similarly carried out in two phases.
According to PUB, the phased approach is intended to help households and businesses adjust to the price increase and allow more time for the adoption of water conservation measures.
Also read: Singapore electricity tariffs to increase by 1.2% from July to September 2023
Also read: Service and conservancy charges in all PAP-run town councils to increase from 1 July
Also read: Less than 3% of available NEA e-vouchers for green appliances used
Currently, the price of potable water is set at S$2.74 per cubic m. The water price revision represents an increase of about 2.5 per cent per year since the last price revision in 2017, or about 18 per cent from the current price of potable water.
Changes in your water price after April 2025 revision
With the full implementation of the water price revision from April 2025, PUB said that three in four households will see an increase of less than S$10 in their monthly water bills, before government support. Similarly, three in four businesses, including small and medium enterprises, will see an increase of less than S$25 in their monthly water bills.
Follow us on Facebook, Instagram, TikTok and Twitter.