Tigershark1976 Turbocharged April 1, 2012 Share April 1, 2012 04:45 AM Mar 31, 2012 SINGAPORE - Electricity will cost more from tomorrow, as higher fuel prices have resulted in higher power generation costs, said electricity, water and gas supplier SP Services in a statement yesterday. Tariffs for households will increase by 4.3 per cent for the quarter from April 1 to June 30, which will mean an increase of 1.19 cents per kWh to 28.78 cents per kWh. This will increase the average monthly electricity bill for families living in four-room HDB flats by S$4.18, said SP Services. Households living in three-room HDB flats will see a S$3.08 increase in their average monthly electricity bill, while families in five-room HDB flats will see a S$4.83 increase. The average fuel oil price over the last three months - between Jan 1 to March 15 - increased by 7.3 per cent from S$127.07 to S$136.37 per barrel. "This increase in fuel oil prices saw a corresponding increase in the price of natural gas which is used for power generation in Singapore," said SP Services. The Singapore Power subsidiary said it reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA), the industry regulator. The latest tariffs given have been approved by the EMA. Electricity costs previously rose by 2.3 per cent for the previous quarter of Jan 1 to March 31. source: http://www.todayonline.com/Singapore/EDC12...e-from-tomorrow im wondering what kind of guideline did EMA set.... fuel price drop, our electricity increase as they said we buy at future price... then fuel price drop further, they said we generate electricity using gas not fuel. But when fuel increase, they said increase price cause operating cost increase?? I think nothing is more profitable than generating power in Singapore... any excuses could be use to increase fuel price every quater.... ↡ Advertisement Link to post Share on other sites More sharing options...
Scb11980 1st Gear April 1, 2012 Share April 1, 2012 04:45 AM Mar 31, 2012 SINGAPORE - Electricity will cost more from tomorrow, as higher fuel prices have resulted in higher power generation costs, said electricity, water and gas supplier SP Services in a statement yesterday. Tariffs for households will increase by 4.3 per cent for the quarter from April 1 to June 30, which will mean an increase of 1.19 cents per kWh to 28.78 cents per kWh. This will increase the average monthly electricity bill for families living in four-room HDB flats by S$4.18, said SP Services. Households living in three-room HDB flats will see a S$3.08 increase in their average monthly electricity bill, while families in five-room HDB flats will see a S$4.83 increase. The average fuel oil price over the last three months - between Jan 1 to March 15 - increased by 7.3 per cent from S$127.07 to S$136.37 per barrel. "This increase in fuel oil prices saw a corresponding increase in the price of natural gas which is used for power generation in Singapore," said SP Services. The Singapore Power subsidiary said it reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA), the industry regulator. The latest tariffs given have been approved by the EMA. Electricity costs previously rose by 2.3 per cent for the previous quarter of Jan 1 to March 31. source: http://www.todayonline.com/Singapore/EDC12...e-from-tomorrow im wondering what kind of guideline did EMA set.... fuel price drop, our electricity increase as they said we buy at future price... then fuel price drop further, they said we generate electricity using gas not fuel. But when fuel increase, they said increase price cause operating cost increase?? I think nothing is more profitable than generating power in Singapore... any excuses could be use to increase fuel price every quater.... everybody needs electricity Link to post Share on other sites More sharing options...
Nullifi3d 4th Gear April 1, 2012 Share April 1, 2012 Its really a sad story for us here. No matter how much we try to find ways to save electricity, the suppliers increase their prices. Back to square one. Link to post Share on other sites More sharing options...
Asd78 Clutched April 1, 2012 Share April 1, 2012 Can we do what the indons did when their govt wants to increase fuel prices? Link to post Share on other sites More sharing options...
Razgriz Clutched April 1, 2012 Share April 1, 2012 rubbish... also wanna question EMA what is the reason they suka suka raise also.... only give 1 day notice? What is this?! We should get ourself a generator... dammm it Link to post Share on other sites More sharing options...
Darthrevan Supercharged April 1, 2012 Share April 1, 2012 Singapore Power is 100% owned by Temasek Holdings > http://info.sgx.com/listprosp.nsf/07aed378...%209Jul2010.pdf Link to post Share on other sites More sharing options...
Evilernie 4th Gear April 1, 2012 Share April 1, 2012 The basic fuel prices had gone up over the years which always result in high petrol and energy cost. Link to post Share on other sites More sharing options...
Voodooman Supersonic April 1, 2012 Share April 1, 2012 rubbish... also wanna question EMA what is the reason they suka suka raise also.... only give 1 day notice? What is this?! We should get ourself a generator... dammm it If you can produce electricity using a generator, all thr big industrial users would have bought one. It is bloody expensive to run a diesel generator. Link to post Share on other sites More sharing options...
Voodooman Supersonic April 1, 2012 Share April 1, 2012 The basic fuel prices had gone up over the years which always result in high petrol and energy cost. Exacerbated by the US printing press. The Americans are getting everyone to pay for their follies... Link to post Share on other sites More sharing options...
Aaronlkl Supersonic April 1, 2012 Share April 1, 2012 When crude price rise, electricity follows! But everytime crude price falls, nothing happens!!! :angry: Link to post Share on other sites More sharing options...
Porker Turbocharged April 1, 2012 Share April 1, 2012 I feel that basic requirements such as energy and water should be subject to free market economics. How the hell can they increase prices with just one sweeping statement that crude prices have increased? A small percentage increase in energy price may mean nothing for some of us but it means alot for the low income group Link to post Share on other sites More sharing options...
KARTer 2nd Gear April 1, 2012 Share April 1, 2012 When crude price rise, electricity follows! But everytime crude price falls, nothing happens!!! :angry: They are only interested in "progress", not the other way round?? Up it goes uo, but never down..... Link to post Share on other sites More sharing options...
Cerealkiller 1st Gear April 1, 2012 Share April 1, 2012 thank you 66.6 % Link to post Share on other sites More sharing options...
Cerealkiller 1st Gear April 1, 2012 Share April 1, 2012 Can we do what the indons did when their govt wants to increase fuel prices? you think the 66.6% will join you ? how about the remaining 44% ?? bo lat liao.... every time suka-suka increase price ... next to go up, FOOD COST, basically EVERTHING will increase FffffffffFF %$@*^$$ Link to post Share on other sites More sharing options...
Lethalstrike Turbocharged April 1, 2012 Share April 1, 2012 How i wished its nothing but a bad April's Fool joke. Link to post Share on other sites More sharing options...
Mustank Hypersonic April 1, 2012 Share April 1, 2012 money aside, we should try to consume less energy. one way is to use gas fired water heater or use gas to boil water. Link to post Share on other sites More sharing options...
KARTer 2nd Gear April 1, 2012 Share April 1, 2012 money aside, we should try to consume less energy. one way is to use gas fired water heater or use gas to boil water. Maybe take the hot water from our radiator after we drive home? The hot water can be recycled for shower, etc, don't waste it! In fact on the way home, can recycle the heat fron the engine to cook rice? W Link to post Share on other sites More sharing options...
Throttle2 Supersonic April 1, 2012 Share April 1, 2012 wah, very siong. cost of living really increasing very fast. last time, my bill usually under $200 per mth. currently, it's $250 to $270 maybe in the very near future it will be $300. sigh...... ↡ Advertisement Link to post Share on other sites More sharing options...
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