Kopitam Clutched January 13, 2010 Share January 13, 2010 I really cannot understand the logic anybody working in the utility sector Electricity increased during the recession and now increase again why have measures to offset rising power charges instead SHOULDNT THEY dont increased the charges in the first place Measures to help offset rising power charges Wed, Jan 13, 2010 my paper THE Government cannot insulate Singaporeans from volatile electricity-market prices, but it will continue to mitigate the impact of rising prices on household costs, Senior Minister of State for Trade and Industry S. Iswaran said. In Parliament yesterday, he said: "Volatility is something we must get used to. The long term trend is probably upwards, because of the various fundamental pressures like more demand for energy from the developing market." Measures that the Government are already taking include the Utilities Save rebate scheme, which can be used to offset utility charges. Mr Iswaran also defended the liberalisation and privatisation of Singapore's energy market since 2001, which he said has promoted diversity, newer and more efficient technologies and helped fight price hikes. For example, while fuel-oil prices have increased by 160 per cent in the past eight years, electricity prices for households - which are pegged to the former - have risen by only 15 per cent. ↡ Advertisement Link to post Share on other sites More sharing options...
Ender Hypersonic January 13, 2010 Share January 13, 2010 On 1/13/2010 at 5:20 AM, Kopitam said: I really cannot understand the logic anybody working in the utility sector Electricity increased during the recession and now increase again why have measures to offset rising power charges instead SHOULDNT THEY dont increased the charges in the first place Measures to help offset rising power charges Wed, Jan 13, 2010 my paper THE Government cannot insulate Singaporeans from volatile electricity-market prices, but it will continue to mitigate the impact of rising prices on household costs, Senior Minister of State for Trade and Industry S. Iswaran said. In Parliament yesterday, he said: "Volatility is something we must get used to. The long term trend is probably upwards, because of the various fundamental pressures like more demand for energy from the developing market." Measures that the Government are already taking include the Utilities Save rebate scheme, which can be used to offset utility charges. Mr Iswaran also defended the liberalisation and privatisation of Singapore's energy market since 2001, which he said has promoted diversity, newer and more efficient technologies and helped fight price hikes. For example, while fuel-oil prices have increased by 160 per cent in the past eight years, electricity prices for households - which are pegged to the former - have risen by only 15 per cent. They only insulate when the market price goes down. When market goes up they cannot insulate. Link to post Share on other sites More sharing options...
Sabian Turbocharged January 13, 2010 Share January 13, 2010 Like minister salaries huh? Gravity defying (as in moon gravity). Link to post Share on other sites More sharing options...
Ace Clutched January 13, 2010 Share January 13, 2010 On 1/13/2010 at 5:20 AM, Kopitam said: I really cannot understand the logic anybody working in the utility sector Electricity increased during the recession and now increase again why have measures to offset rising power charges instead SHOULDNT THEY dont increased the charges in the first place Measures to help offset rising power charges Wed, Jan 13, 2010 my paper THE Government cannot insulate Singaporeans from volatile electricity-market prices, but it will continue to mitigate the impact of rising prices on household costs, Senior Minister of State for Trade and Industry S. Iswaran said. In Parliament yesterday, he said: "Volatility is something we must get used to. The long term trend is probably upwards, because of the various fundamental pressures like more demand for energy from the developing market." Measures that the Government are already taking include the Utilities Save rebate scheme, which can be used to offset utility charges. Mr Iswaran also defended the liberalisation and privatisation of Singapore's energy market since 2001, which he said has promoted diversity, newer and more efficient technologies and helped fight price hikes. For example, while fuel-oil prices have increased by 160 per cent in the past eight years, electricity prices for households - which are pegged to the former - have risen by only 15 per cent. who say no logic, there is a logic. Govt can charges whatever price they want.... Link to post Share on other sites More sharing options...
Babyt 4th Gear January 13, 2010 Share January 13, 2010 their logic is charge and charge . simple as that. ur logic is sensible but doesnt apply here. no one say what goes up must come down. Link to post Share on other sites More sharing options...
David Clutched January 13, 2010 Share January 13, 2010 (edited) Not unless we have big and real waterfall, can we depend on hydroelectricity. Not when we have high wind to generate wind-powered electricity. We are left with(at the moment) fuel to turn the turbine. Even our neighbors hav to depends on fuel to generate electricity. Edited January 13, 2010 by David Link to post Share on other sites More sharing options...
Boyboy 1st Gear January 13, 2010 Share January 13, 2010 On 1/13/2010 at 8:48 AM, David said: Not unless we have big and real waterfall, can we depend on hydroelectricity. Not when we have high wind to generate wind-powered electricity. We are left with(at the moment) fuel to turn the turbine. Even our neighbors hav to depends on fuel to generate electricity. i like the way u skirt the main point Link to post Share on other sites More sharing options...
David Clutched January 13, 2010 Share January 13, 2010 On 1/13/2010 at 9:05 AM, Boyboy said: i like the way u skirt the main point Skirt? No, no. I did not look at skirt or you mean I tio bu. My favourite is Electric Dream. Link to post Share on other sites More sharing options...
Drive_carcar Clutched January 13, 2010 Share January 13, 2010 Logic is so simple! 66.6% voted for it! Link to post Share on other sites More sharing options...
Kopitam Clutched January 13, 2010 Author Share January 13, 2010 On 1/13/2010 at 8:48 AM, David said: Not unless we have big and real waterfall, can we depend on hydroelectricity. Not when we have high wind to generate wind-powered electricity. We are left with(at the moment) fuel to turn the turbine. Even our neighbors hav to depends on fuel to generate electricity. yes we got our own natural resources as for big and real - ministers salary so how come we still need oil Link to post Share on other sites More sharing options...
Picanto 3rd Gear January 13, 2010 Share January 13, 2010 Dear Govt i am making a sincere request for you to cushion the price increase of electricity by providing subsidies. those living in 1 room flats should be subsidised more and those living in bigger flats should be subsidised lesser. this will help the citizens cope with the volatile price increase in electricity. electricity is a basic commodity and should not be left to market forces to dictate its price. you may retort that this will create a welfare state mindset, but what is wrong with providing welfare for your citizens.....they have worked hard and build up this country. they deserve the welfare more than anybody else. if you can come up with generous package to help those countries that are hit by natural disaster, i am sure that you can budget some electrical subsidies for the citizens. if you can help other country citizens, why you cannot help your own citizens? Link to post Share on other sites More sharing options...
Freestylers09 5th Gear January 13, 2010 Share January 13, 2010 they can say "sold to private liao" tot sold off already? or left 1? Link to post Share on other sites More sharing options...
Bystander50 5th Gear January 13, 2010 Share January 13, 2010 Because everybody wants a share of the pie (electricity cost), so the pie must be very big, otherwise how to be full (year end bonus). Just like water, we are buying at a few cents per gallon from M'sia. Under the disguise of conservation tax, just imagine how much we are overcharged for it. Ships restocking at our ports are also paying a premium for buying fresh water. I bet the purpose of keeping everything high (not just electricity) is to surpress the population. When everything is high and you got to slog your whole life to pay for it, you won't be thinking of other nonsenses like going on strike/demostrations and be obidient. Link to post Share on other sites More sharing options...
Drive_carcar Clutched January 13, 2010 Share January 13, 2010 On 1/13/2010 at 1:07 PM, Picanto said: Dear Govt i am making a sincere request for you to cushion the price increase of electricity by providing subsidies. those living in 1 room flats should be subsidised more and those living in bigger flats should be subsidised lesser. this will help the citizens cope with the volatile price increase in electricity. electricity is a basic commodity and should not be left to market forces to dictate its price. you may retort that this will create a welfare state mindset, but what is wrong with providing welfare for your citizens.....they have worked hard and build up this country. they deserve the welfare more than anybody else. if you can come up with generous package to help those countries that are hit by natural disaster, i am sure that you can budget some electrical subsidies for the citizens. if you can help other country citizens, why you cannot help your own citizens? You are surprisingly ill-informed for a regular. Don't you know everytime the govt increase price of anything they will always assure people they will take care of the poor in some way or another? Link to post Share on other sites More sharing options...
Picanto 3rd Gear January 13, 2010 Share January 13, 2010 On 1/13/2010 at 2:13 PM, Drive_carcar said: You are surprisingly ill-informed for a regular. Don't you know everytime the govt increase price of anything they will always assure people they will take care of the poor in some way or another? i dun need their assurance etc.....i want them to subsidise electricity cost for singaporeans. is that too much to ask? Link to post Share on other sites More sharing options...
PointyEwe Clutched January 13, 2010 Share January 13, 2010 On 1/13/2010 at 8:48 AM, David said: Not unless we have big and real waterfall, can we depend on hydroelectricity. Not when we have high wind to generate wind-powered electricity. We are left with(at the moment) fuel to turn the turbine. Even our neighbors hav to depends on fuel to generate electricity. Well we still have the Sun... While we are wasting away the blardy billions of dollars to build the eco city of Tianjin, why not use the monies to get all the top brains here to think abt how to use & capture this free energy in a efficient and effective way? Once we learnt the way, we can export our know-how and technologies to other countries. Link to post Share on other sites More sharing options...
Kopitam Clutched January 13, 2010 Author Share January 13, 2010 On 1/13/2010 at 2:24 PM, Picanto said: i dun need their assurance etc.....i want them to subsidise electricity cost for singaporeans. is that too much to ask? Picanto Sir. It appears to me that you are really frustrated with the current policy makers the numerous past events should have taught you and us well THERE IS NOTHING WE CAN DO the least of all, I hope the policy makers do take us as intelligent beings by giving us credible reasons rather than just give reasons like pigs have wings to fly electricity, transportation, water and education are the basic constituents of our society basically I cannot understand why they increased the price of electricity during bad and good times in the bad times, everybody is trying to find ways to pay and policy makers increase basic essential like electricity in good times when there is a real reason to increase price OK however, i remembered that oil prices came down last year but still increase in price hence where is the logic Link to post Share on other sites More sharing options...
David Clutched January 13, 2010 Share January 13, 2010 What it takes to keep electricity cost down? By buying fuel at market rate, this will be unsustainable. Only way is to govt will buy huge huge amount and store it. ↡ Advertisement Link to post Share on other sites More sharing options...
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