Electricity rates to go up 30032010

[Watchman]

Electricity rates to go up
Mar 30, 2010

By Tessa Wong

The new rate for the April to June quarter will increase by 23.56 cents per kWh, about 3 per cent higher than the current quarter. -- ST PHOTO: AZIZ HUSSIN


ELECTRICITY tariff for Singapore households will go up again in the coming quarter, due to the fuel oil price hike over the last three months.

The new rate for the April to June quarter will increase to 23.56 cents per kWh, about 3 per cent higher than the current quarter, said SP Services in a statement on Tuesday. This will work out to an average increase of $2.47 in the monthly electricity bill for families in four-room HDB flats.

SP Services, a member of the Singapore Power Group, said that the rise - the fourth quarterly in a row since last July - is largely due to an increase in fuel oil price over the past three months, from $99.38 to $102.95 per barrel.

Also contributing to the tariff hike is a slight increase of administration and operation fees, by 0.01cent per kWh.

SP Services reviews the electricity tariffs quarterly based on guidelines set by the Energy Market Authority (EMA), the electricity industry regulator, which has approved the latest round of tariff hike.

 

[Cestbon]

KNN wht increase 3%. Fuel only increase 3% doesn't mean cost up 3%. Those facilities and salary still the same. Fuel maybe only stand for 60% of the total operating cost.

 

[hockbeng]

KNN wht increase 3%. Fuel only increase 3% doesn't mean cost up 3%. Those facilities and salary still the same. Fuel maybe only stand for 60% of the total operating cost.

Our electricity is generated by natural gas NOT oil.

 

[po2wq]

dey say their gas price indexed 2 oil price ... but me oso dunno how iz so ...

my original 2 ¢ worth wil oso gonna increase in value sum mor after tis ...

 

[SneeringTree]

What a joke! FUCK PAP!

 

[Alamaking]

can increase my pay or not? :(:(:(

 

[Watchman]

Everything did increase, but pay no increase .

How is it possible ?

Companies colluding with government ?

 

[cockcansing]

Should tell them to shut the gas pipeline that runs to the island! Tell them import oil and burn them! What rubbish is this!

 

[wonerman]

Na Bei Chee Bye! Tai Kay Huan Ahhhhhhhhhhhhhhhh..................

 

[wrcboi]

raise it to another 50% increase.....sporns have to lean it the hard way if not they will not wake up

 

[makapaaa]

Most of Peesai's power is generated using natural gas and the price has actually fallen by 1/3 from its peak and looks set to continue to fall as more supply comes on to the market. Yet the FAPee TRAITORS think they can get away by insulting Sporns' intelligence by hiking prices based on oil price increase. How long more will Sporns tolerate such ruthless exploitation by the Familee?

 

[garlic]

HK Electric announced today that despite rising fuel costs anticipated for next year, the Company will be freezing tariffs for 2010 to help Hong Kong recover from the financial crisis.
In January this year, HK Electric's electricity tariffs had been reduced by an average of 5.9% when the new Scheme of Control Agreement took effect. This is against the background of double-digit tariff increases recorded in some overseas electricity markets during the year.

http://www.pressreleasepoint.com/hk-electric-freeze-tariffs-2010 8 december-2009

 

[tonychat]

Go protest lah. This is the perfect reason to protest. Why ??? NO balls har.. only know how to post here.. LOSERS!!!!!

 

[balajii]

hello thailand pimp,

your OKT biz so quiet huh. so early come here to kpkb.

 

[Equalisation]

walau eh ... 2 meals a day already "gow um dim"already ... increase some more ....:(

 

[manokie]

Most of Peesai's power is generated using natural gas and the price has actually fallen by 1/3 from its peak and looks set to continue to fall as more supply comes on to the market. Yet the FAPee TRAITORS think they can get away by insulting Sporns' intelligence by hiking prices based on oil price increase. How long more will Sporns tolerate such ruthless exploitation by the Familee?

Totally agree. Only retards will believe MIW's crooked logic.

The heavenly scholars are probably thinking: It's a great time now to leech more money from the sinkies and we have a perfect excuse for doing it!! Then i'll be promoted for bringing in millions for my masters.

Since the oil price will raise, why not buy and store more when the price was $35???? dumb fucks.

 

[saratogas]

This is really Pay and Pay! $$$ no enough.