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Electricity Tariff Going Up Again!!!!

MarrickG

Alfrescian
Loyal
See below...

26 June, 2009

NEWS RELEASE
ELECTRICITY TARIFF REVISION FOR THE PERIOD 1 JULY TO 30 SEPTEMBER2009

For the quarter 1 Jul 09 to 30 Sep 09, the electricity tariff for households will increase by 6.93% or 1.25 cents (S$0.0125) per kWh to 19.28 cents (S$0.1928) per kWh. On average, taking into account the tariffs for all customer categories, the tariff increase is 7.15%.

The electricity tariff is reviewed quarterly and adjusted in line with changes in the cost of electricity. The tariff increase in the coming quarter is due largely to higher fuel oil prices.

In particular, the average fuel oil price over the last three months has
increased to S$76.24 per barrel, significantly higher than the S$60.47 per barrel fuel oil price used in setting the tariff previously.

This tariff revision has been mitigated by a reduction in the Market Support Services (MSS) Fee 1 from the existing rate of 0.28 cents per kWh to 0.22 cents per kWh. The reduction is due to productivity improvements and cost reductions by SP Services.

The tariff adjustments have been approved by the industry regulator, the Energy
Market Authority.

http://www.spservices.com.sg/news/newsroom.htm
 

Meltdown

Alfrescian
Loyal
Just heard from the radio that electricity would be going up again...:mad:

Why not? With the trillions of bailout money being printed by Bernanke's FED like there's no tomorrow and being followed by central bankers in other countries, the whole world is incrementally being turned into a massive Zimbabwe! I can envision that a bag of rice will cost more than S$1-M someday at the supermarket. It's only a matter of time!
 

Neh_Neh_Pok

Alfrescian
Loyal
lhl.jpg


"Weather climate become hot = more usage of aircon mah, mai tu liao. Hei hei hei hei hei.. "
 

myfoot123

Alfrescian (Inf)
Asset
We are simply too exhausted of their lies. Everyone is now waiting for the next election to come. There will be a clean topple of this government and hand power over to the alternative parties.
 

makapaaa

Alfrescian (Inf)
Asset

Cost of natural gas is hitting new low and SGD has appreciated against USD. Should not the tariff be CUT? Why greedy and corrupt until like this? Why are Sporns accepting such sucking from 1 Familee so meekly? Where are your BALLS, Sporns?



z
 

Cestbon

Alfrescian (Inf)
Asset
Very soon transport fare will be increase for MRT and Bus. Due to fuel and electricity increase.
 
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