IN THE letter, "Strange that oil prices not linked to transport fares" (my paper, Dec 29), Mr Teo Kueh Liang commented that the "methods of calculating electricity tariffs are inconsistent and not transparent".

We would like to clarify that the formula for the determination of the electricity tariff is published on the Energy Market Authority (EMA) website.

The formula has been in place since 2004.

Based on this formula, the tariff is updated every quarter to reflect changes in the cost of fuel, as well as the cost of generating and delivering electricity to households.

The EMA is now reviewing the tariff-computation formula to see how it can be further improved for the benefit of consumers.

We thank Mr Teo for his feedback and invite him to contact us directly if he needs further clarification.

Ms Jenny Teo
Director (Corporate Communications)
Energy Market Authority

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