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Found 33 results

  1. Why electricity bills increase when natural gas prices drop, ST forum writer boldly asks source: https://mothership.sg/2020/01/electricity-bills-natural-gas-price-singapore/ A Straits Times forum letter writer has boldly asked a pertinent consumer interest question that many have thought about, but did not act upon. In a forum letter published on Jan. 1, 2020, the writer, Alan Chiu Chen Hong, publicly questioned how could it be possible that electricity tariffs will rise on average about 3.5 percent in the first three months of 2020, when gas prices has been decreasing. Such an increase in tariffs would translate to a rise of S$3.20, from S$92.75 to S$95.95, for a family in a five-room HDB flat. Cheaper gas used to generate electricity, right? The inability to logically parse this relationship between tariffs and gas stemmed from the news that electricity bills will rise and gas prices will fall in tandem. It was first reported in ST on Dec. 31, 2019, in an article titled, “Electricity bills to go up, and gas prices to fall”. But there was no clear explanation provided by the authorities for this phenomenon. The letter writer then elucidated this link. An inverse relationship between gas prices and bills? Citing the Energy Market Authority Singapore, the letter writer wrote that about 95 percent of Singapore’s electricity is currently generated using natural gas. This is a significant increase in utilising natural gas to meet Singapore’s power generation needs. Previously in 2001, natural gas was used to produce just 26 percent of Singapore’s electricity, as oil was the preferred fuel. Chiu then wrote: “Therefore, I am surprised by the tariff increase because the natural gas price has been very weak, and has dropped significantly in the past year.” He continued: “Last year, the natural gas price was about 16 to 20 percent lower than in end-2014.” And it appears the letter writer is on to something. What determines tariffs? ST reported in its original article that the cost of fuel determines the tariff. ST wrote: “A key determinant of the tariff is the cost of fuel and power generation.” ST also quoted Professor Subodh Mhaisalkar, executive director of the Energy Research Institute at Nanyang Technological University. Subodh said the cost of electricity generation typically makes up 75 percent of the tariff, and as energy costs go up, it is natural for the costs to be passed on to customers. He added: “The tariff hike would be directly correlated to global energy prices, plus supply and demand pressures.” But the observable trend has been that natural gas prices have been going down. What did the authorities say? ST did try to get an answer from the authorities, but it appeared it wasn’t the clearest of responses. Asked why electricity prices are rising and gas prices falling, an EMA spokesman said: “The difference between the electricity and town gas tariffs is mainly due to the different fuel types used and their prices moving in different directions.” But now that the issue has been aired in the open, a fuller response from the authorities looks likely. Keep your eyes peeled.
  2. Hi, Have you switched? I have switched to Senoko since early this year and since then, every month billing date and payment due date is different! Sometimes I have to pay twice in a month !! look at my billing date :- 26 May22 Jun11 July30 Aug17 Sept complained to Senoko they said they can’t do anything because the reading was provided to them by SP Power. Taiji here n there . They said it’s like that throughout the industry. so for those who have switched to other electricity provider, are you facing the same problem?
  3. https://www.theguardian.com/environment/2019/jul/14/just-a-matter-of-when-the-20bn-plan-to-power-singapore-with-australian-solar Maybe in 15 years?
  4. Electricity supply to parts of Singapore was disrupted at 1.29 am, said SP Group, adding that it is investigating the cause. Social media users in areas such as Bedok, Yishun, Woodlands and Sembawang have reported blackouts. SINGAPORE - Several parts of Singapore were hit by a blackout as electricity supplies were cut early on Tuesday morning (Sept 18). SP Group said in a Facebook post at 1.43am that electricity supply to parts of Singapore was disrupted at 1.29am. "Our officers were immediately deployed to the affected areas and our priority is to restore supply as safely The post also said that SP was investigating the cause of the incident. Several posts on social media have indicated that several areas in central, eastern and western Singapore were affected. These include Eunos, Bedok, Ang Mo Kio, Sembawang, Tanjong Rhu, and West Coast.and quickly as possible," it added. Power eventually returned in some areas, according to several affected residents. In a second post on Facebook at 2.15am, SP said that the electricity supply to all areas had been fully restored. “We are sorry for the inconvenience caused and thank the public for your patience. We are investigating the cause of the incident,” it added. Mr Tan Boon Tong, 37, who works in healthcare, told The Straits Times that he was at his Housing Board flat in Ang Mo Kio Avenue 4 when the lights and fans suddenly went out. "My mother was in the living room watching television and it suddenly went off. So I went out to check, and it was total darkness," he said. "I looked out of the window and found that the block opposite was in total darkness as well."
  5. Tigershark1976

    Electricity costs increase

    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....
  6. Households to see average rise of about 22% in electricity bills from Oct By Channel NewsAsia | Posted: 29 September 2008 1035 hrs SINGAPORE: Higher oil prices have pushed up electricity prices for this quarter by about a fifth. SP Services said on Monday households will see an average increase of 21.46 per cent in electricity bills, when average electricity tariffs go up by 5.38 cents per kilowatt-hour. On average, all SP Services customers will face a 21.89 per cent increase. For the period from October 1 to December 31, tariffs have been pegged to a higher "forward fuel oil price" of S$155.14 per barrel. This price is 38.06 per cent higher than the S$112.35 per barrel in this current quarter. The electricity tariff is reviewed quarterly and adjusted in line with fluctuations in the cost of electricity, and approved by the Energy Market Authority. At a news conference on Monday, the Authority's chief executive Khoo Chin Hean said that the increase is the highest so far this year. So much so for the increase by the gov on the U-Rebate thing...LPPL...as mentioned tariffs have been pegged to a higher "forward fuel oil price" of S$155.14 per barrel." what if the oil price drop during this period, r they going to refund us??? KNN trying to recoup the URebate through forecast oil price, might as well become a fortune teller...
  7. So much for politics of "carbon-friendly" and Paris accord climate change agreement.. What's new ?
  8. KNN...really LLST.... The way these farkers keep increasing, need to stock up firewood and candles liao..
  9. Hi bros... I just got a call to go for an interview for Asst Electricity Trader... but I don't really know anything much about the job... Hope any of you guys here got experience can give me some advice? Thanks in advance!
  10. Actan72

    Electricity to cost more

    Electricity to cost more 05:55 AM Mar 31, 2010SINGAPORE - Electricity will cost more from April 1 to June 30. It will be the fourth consecutive quarter of increase. With the increase of about 3 per cent, electricity will cost 23.56 cents per kilowatt-hour. On average, families in four-room HDB flats will see a $2.47 increase in their monthly electricity bill for the quarter. SP Services said the hike is due to a continued increase in fuel oil prices. The average fuel oil price over the last three months has increased from $99.38 to $102.95 per barrel. The Energy Market Authority, the electricity industry regulator, has approved the revised tariff.
  11. CWC Electrical Engineering Service ("CWC") is a government-licensed electrical firm that has over 20 years experience in professional electrical installation, maintenance and repair work. Our expertises also include fixing power failure, power tripping, electrical engineering works, electrical testing, blackout, new wiring, short circuit, rewiring and electrical extension. All electrical work must be undertaken or carried out by a licensed electrical worker. Such electrical work includes new wiring, rewiring and extensions which have to be tested before the supply is turned on. Power failure is certain, if the electrical work is not handled by a licensed electrician. When consumer needs any electrical work to be done at his premises, he is advised to check that the electrician whom he intends to engage to undertake or perform the electrical work has a valid electrical worker licence issued by the Energy Market Authority (EMA).To ensure quality result for major projects, CWC licensed electricians conducts comprehensive site survey and audit before commencement of electrical work to ensure adherence to authority requirement to Singapore Standard CP5 1998 (ICS 29.020), Code of Practice for Electrical Installations. CWC electricians designs, installs, repairs, maintains, operates, inspects and test electrical / supply installations where the operating voltage of such installation does not exceed 1000 volts and the approved load of such electrical installation does not exceed 45 kVA.As CWC electricians are licensed by EMA/BCA/IDA, you can have a great peace of mind, knowing that CWC electricians provide safe and professional electrical services. CWC Electricial Engineering Service 8 Burn Road #08-02/03 Trivex Singapore 369977 Phone: 9858 7555 Website: www.cwc.com.sg
  12. Accentrix

    Power Tune Electricity Saver

    Anyone using or heard of his product. Claims to reduce monthly electricity bill up to 30%. Simply plug into a 3 pin wall socket. Being sold door to door for abour $280.
  13. Some bros have mentioned their bills in another thread, hope this thread can help us compare our bills... My household: - 3.5 adults, including 1 maid (0.5 is due to one adult only stays on weekends). - one aircon turned on at nite 7pm -7am (mon to fri), weekends 3pm - 7am. - seldom wash car, maybe once every 3 weeks (water consumption) - two fridges - gas cooking - washing machine, but no dryer typical electricity bill:- $270 typical water bill:- $ 90
  14. http://sg.news.yahoo.com/town-councils--el...bills-soar.html """""Member of Parliament (MP) for the Bishan-Toa Payoh group representation constituency (GRC) Hri Kumar, who is also the area's town council chairman, said that the council's utility expenses shot up from $5.9 million in 2005 to $8.2 million in the previous financial year due to a rise in electricity tariffs. The council's electricity bill accounts for around 22 per cent of residents' S&CC. In his message entitled "A Very Nasty Shock" on the council's website""""" I think his shock is a little slow leh....I think alot of us already karna shock until .... [sweatdrop] ...........haiz.....looks like he never bother to read his house PUB bill..
  15. Saw autobacs is selling them and i google for info and found that this sprayer need no electricity. looks good for those staying at HDBs?
  16. Source: http://www.channelnewsasia.com/stories/sin...1066693/1/.html
  17. I really cannot understand the logic anybody working in the utility sector Electricity increased during the recession and now increase again why have measures to offset rising power charges instead SHOULDNT THEY dont increased the charges in the first place Measures to help offset rising power charges Wed, Jan 13, 2010 my paper THE Government cannot insulate Singaporeans from volatile electricity-market prices, but it will continue to mitigate the impact of rising prices on household costs, Senior Minister of State for Trade and Industry S. Iswaran said. In Parliament yesterday, he said: "Volatility is something we must get used to. The long term trend is probably upwards, because of the various fundamental pressures like more demand for energy from the developing market." Measures that the Government are already taking include the Utilities Save rebate scheme, which can be used to offset utility charges. Mr Iswaran also defended the liberalisation and privatisation of Singapore's energy market since 2001, which he said has promoted diversity, newer and more efficient technologies and helped fight price hikes. For example, while fuel-oil prices have increased by 160 per cent in the past eight years, electricity prices for households - which are pegged to the former - have risen by only 15 per cent.
  18. Picnic06-Biante15

    Electricity Tariff Up 12%

    From October, electricity tariff is going up by 12% given the reason that fuel price up on 3 monthlty average. Fruits for though, pump price down................ electricity tariff up........
  19. SINGAPORE : For the quarter starting in October, electricity tariffs for households will go up by 12.5 per cent or 2.41 cents to 21.69 cents per kilowatt-hour. SP Services said the increase is due largely to significantly higher fuel oil prices over the last three months, which increased by around 21 per cent to S$92.03 per barrel. It added that this brings the fuel oil price to around the level in the first quarter of this year. This is the second quarter tariffs have gone up, after they dipped in the first two quarters of this year. In July, tariffs went up by 7 per cent. Starting from July, the Energy Market Authority used a new formula of calculating tariffs, which takes an average price from the three months in the previous quarter, instead of the first month of the previous quarter. - CNA Due to F1?
  20. The power monopoly announces that electricity tariff will go up next month (later this week to be exact) due to increases in oil / fuel prices? Question: Aren't our electricity generated by use of natural gas? The trend of natural gas prices have been going downhill since a year back. http://www.wtrg.com/daily/gasprice.html So is this the same old kind of reason we given to accept??? ** Most likely the announcement will be published in a small obscured section in the papers. Of course, there will be promises of credits / rebates etc etc to help those in dire need. Terms and conditions will apply of course.
  21. Hammerhammer

    Wed whole Singapore no electricity?

    My mum come tell me just now her coffeeshop colleague tell her to prepare some candles and torch light cos he heard his friend from Shanghai says there will be an event involving dunno what earth and moon then whole country will have no electricity. Anyone heard any news on this?
  22. SINGAPORE: The electricity tariff is coming down for the second straight quarter. For the period of April 1 to June 30, it will be reduced by 21.37 per cent or 4.9 cents to 18.03 cents per kWh. This is the lowest rate in four years since April 2005. The tariff is currently at 22.93 cents per kWh for January to March 2009. SP Services said the reduction is largely due to lower fuel oil prices. The electricity tariff is reviewed quarterly and adjusted in line with the changes in the cost of electricity. - CNA/so
  23. Sleepyman

    Electricity to increase soon?

    MELBOURNE - Australian wildfire survivors have launched a lawsuit against a Singapore-owned electricity firm alleging a downed power line sparked one of the blazes, it was reported Sunday. Kinglake residents are launching a class action against SP Ausnet and the Victoria state government claiming the power line set off a fire near the town that killed at least 100 people, The Age newspaper said. The newspaper said police investigating the causes of the fires had removed a length of fallen cable and a power pole as evidence. The firm reportedly handling the class action, Melbourne-based Slidders Lawyers, on its website urges residents affected by the bushfires to contact it and seek compensation. SP Ausnet, part of the Singapore Power Group, refused to comment directly on the lawsuit, saying its priority was restoring power to fire-affected areas as quickly as possible.
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