Electricity prices are expected to increase in the coming months, but the government stands ready to support households and businesses as necessary, said the Minister-in-charge of Energy and Science & Technology. SINGAPORE: Singapore has multiple lines of defence to safeguard its energy security from the Middle East conflict, but people should expect electricity prices to increase in the coming months, Minister-in-charge of Energy and Science & Technology Tan See Leng said on Thursday (Mar 12).