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Tigershark1976

Electricity costs increase

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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?? :blink::blink::blink: I think nothing is more profitable than generating power in Singapore... any excuses could be use to increase fuel price every quater....

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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?? :blink::blink::blink: 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

 

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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.

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Can we do what the indons did when their govt wants to increase fuel prices?

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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

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The basic fuel prices had gone up over the years which always result in high petrol and energy cost. <_<

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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.

 

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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...

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When crude price rise, electricity follows! But everytime crude price falls, nothing happens!!! :angry:

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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 <_<

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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.....

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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 %$@*^$$

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money aside, we should try to consume less energy. one way is to use gas fired water heater or use gas to boil water.

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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! :D

 

In fact on the way home, can recycle the heat fron the engine to cook rice? W

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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......

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