How does SP Group calculate the usage rate charges for chilled water?
The CCS “Usage Charge Rate” is the prevailing dollar per kilowatt-hours refrigeration (kWrh) of Supply or $/kWrh rate. It reflects the following:
- Capital costs for the chiller plant and network pipes, operations and maintenance, projected cooling energy consumption,
- Prevailing residential electricity energy charge in S$ per kWh (excluding GST) as published quarterly on www.spgroup.com.sg,
- Prevailing domestic potable water prices, water borne fees, water consumption taxes as published on the PUB website, and
- Consumer Price Index (CPI) published by the Department of Statistics, Singapore.
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