Electricity bills up 21%

[zcf]

:bigeyes: speechless...

http://www.straitstimes.com/Breaking+News/Singapore/Story/STIStory_284015.html

ELECTRICITY bills for Singapore households will go up by about 21 per cent from Wednesday - the highest one-time increase in seven to eight years - due to higher oil prices.
With this latest tariff revision, families living in one- to three-room Housing Board flats will see their utilities bills for this year rising from $90 to $223, said the Energy Market Authority (EMA), which regulates the electricity and gas industry here on Monday.
But the government rebates of $310 to $330 will more than cover the increases for these homes.
Those living in larger homes will face higher monthly bill ranging from $316 to $433.
The government rebates for these households range from $130 to $295, hardly enough to cover the increase for half of these homes.
Chief executive of EMA Mr Khoo Chin Hean, said at a press briefing on Monday that the higher tariffs have been due to the increase in oil prices.
EMA said the projected fuel oil price for the next three months is set to jump to $155.14 a barrel, up 38 per cent from $112.35 for the current quarter.
Fuel costs make up about 60 per cent of electricity tariffs, which are reviewed quarterly and adjusted according to changes in the cost of electricity.
The other 40 per cent includes the cost of generating electricity, maintenance and equipment.
Since 2004, electricity tariffs here have been pegged to projected oil prices for the next three months instead of current oil prices.
Mr Khoo said the old practice made the cost of electricity very volatile. For households, the new tariff will be about 30 cents per kiloWatt-Hour, up from about 25 cents.

 

[kelccm]

OMG, just when we are starting to see fuel prices going down, SP hit us with such a big price increase:nono:

 

[xiaowanzi]

not really following the news, but yah, thought oil prices have dipped somewhat? time to spend less time on tv and PC liao

 

[Nisa]

yoo hoooo! can use the GST package to pay for the increase.... wat a group of thoughful ppl up there.

 

[Headshotzx]

This will be on top of the sum the Government is spending on the GP itself. It is expected to foot 60 per cent of the cost of staging the annual race, a sum which can hit $150 million.

...

We don't want F1.

...

We want subsidies for our everyday bills.

Sheesh.

 

[ahbian]

Maybe too much electricity was used in lighting the F1 track..

 

[Reno]

what to do?? need to turn off everything liao. :sweat:

 

[shark78]

Maybe too much electricity was used in lighting the F1 track..

;p so F1 is over, pass the bills to Singaporeans???:dunno:

 

[eow]

time to ultilise the resources from the public..... :sweat:

 

[maddog]

Will there be a war in the next 3 months?

 

[GavinTing]

Maybe too much electricity was used in lighting the F1 track..

They used diesel generators, not linked to our mains..

Sighs, with this increase, must take less photos :bsmilie:

 

[Headshotzx]

They used diesel generators, not linked to our mains..

Sighs, with this increase, must take less photos :bsmilie:

Back to film development =/ Depend on silver chloride, acids and alkalies, not digital..

 

[Lenscapes]

as they always said.. no free lunch.. or breakfast or dinner.. :thumbsd:
right hand give and left hand take back double..

 

[night86mare]

对这个世界如果你有太多的抱怨
跌倒了就不敢继续往前走
为什么人要这么的脆弱堕落
请你打开电视看看
多少人为生命在努力勇敢的走下去
我们是不是该知足
珍惜一切 就算没有拥有

 

[ninelives]

OBJECTION!!!

waaaaa !! 21% is a lot.....................but what can we do about it?? absolutely nothing.

silent is better than motion , quiet is better than sound....we have been living like that for 43 years.

 

[blackdrakes]

it's back to the caveman era.

 

[jasonlcs]

announced this "great" news just after F1. :bigeyes:

why not before huh ?:think:

scare scare is it ... :nono:

 

[redstone]

This is madness

 

[sORe-EyEz]

Maybe too much electricity was used in lighting the F1 track..

thats wad i tot too. ;p but when i voice out much earlier din go down well amid the F1 hoohaa...

guess now the knee jerk reaction start to kick in....

They used diesel generators, not linked to our mains..

Sighs, with this increase, must take less photos :bsmilie:

the lights use diesel generators but the aircon VIP lounge ler? din follow the F1 craze but there may be other things that oso consume electricity.

even the electric drills used by contractor oso use electricity...

 

[Headshotzx]

This is madness

Madness?

THIS. IS. SPARTAA--i mean, SINGAPORE!