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% in electricity bills,when average electricity tariffs go up by 5.38 cents per kilowat-hour.
On average, all SP Services customers will face a 21.89% increase. For the period from Oct 1 to Dec 31, tariffs have been pegged to a higher 'forward fuel oil price' of S$155.14 per barrel.
Singaporeans have no choice but to bear another round of increase, following recent increases in transport, to add to their financial woes.
Really tough to meet ends meet with one increase after another!!!
:(:(:(