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3 minutes ago, Volvobrick said:

Left about 8 months for my 16 cents contract. Sian! 

Will there be a recession to bring down prices? Hope Fed can do a good job! 

Even there is a recession, gas prices may not drop that fast.

Maybe you can wait till Q2 2023.

Looks like electricity price is going down.

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30 minutes ago, Volvobrick said:

Left about 8 months for my 16 cents contract. Sian! 

Will there be a recession to bring down prices? Hope Fed can do a good job! 

Same here man. My TP 17 cents per kWh is ending next year May. Honeymoon’s over. 😓

 

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1 hour ago, Fcw75 said:

Same here man. My TP 17 cents per kWh is ending next year May. Honeymoon’s over. 😓

 

+1

But it seems oil prices may go up, so fingers crossed..

Solar panels on the balcony?

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9 minutes ago, therock said:

+1

But it seems oil prices may go up, so fingers crossed..

Solar panels on the balcony?

You mean go down? 😅

I stay old HDB, no balcony. 

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Question bros:

A fridge that uses 495 vs 575 kwH how much will the difference in power consumption cost?

I saw two fridges, same functions, capacity and design, one is a two ticks and the other three, but the price difference is around $500 and my first instinct is that the cost difference is more than whatever electricity savings I'll make? 
Am I right? 

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36 minutes ago, therock said:

Question bros:

A fridge that uses 495 vs 575 kwH how much will the difference in power consumption cost?

I saw two fridges, same functions, capacity and design, one is a two ticks and the other three, but the price difference is around $500 and my first instinct is that the cost difference is more than whatever electricity savings I'll make? 
Am I right? 

Annual Power bill:

495 x 0.3182 = $158

575 x 0.3182 = $183

The different is $25

To breakeven $500, need 20 years

Edited by inlinesix
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18 minutes ago, inlinesix said:

Annual Power bill:

495 x 0.3182 = $158

575 x 0.3182 = $183

The different is $25

To breakeven $500, need 20 years

If it were me, By that time maybe I will

be IN THE fridge aldy😂😂

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FYI

Best Denki has a sale on white goods, TVs and such..

Pretty decent prices and the display white goods get another 25% off... quite a few sets have been taken, good deals..

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1 hour ago, inlinesix said:

Annual Power bill:

495 x 0.3182 = $158

575 x 0.3182 = $183

The different is $25

To breakeven $500, need 20 years

It also very much depend on user. A fridge stack to near full capacity relative to one less than 50 % capacity. The former would definitely be more power efficient than the later. 

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7 minutes ago, Kopites said:

It also very much depend on user. A fridge stack to near full capacity relative to one less than 50 % capacity. The former would definitely be more power efficient than the later. 

He is comparing purely from Electricity cost 

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TP rate now is 27.30 cents per kWh. If you want the floating rate, it will be less 1% of SP rate. With the uncertainty, look like we are going for a very difficult year in 2023. Tighten your belt. 

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55 minutes ago, Victor68 said:

TP rate now is 27.30 cents per kWh. If you want the floating rate, it will be less 1% of SP rate. With the uncertainty, look like we are going for a very difficult year in 2023. Tighten your belt. 

Q1: 25.44

Q2: 27.94

Q3: 30.17

Q4: 29.74

Let's hope it will continue to decrease in 2023

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4 hours ago, Victor68 said:

TP rate now is 27.30 cents per kWh. If you want the floating rate, it will be less 1% of SP rate. With the uncertainty, look like we are going for a very difficult year in 2023. Tighten your belt. 

I see their website it’s 31.71 cents?

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