Natural Gas Price Down, FAPee Electricity Tariff UP AGAIN!

[makapaaa]

Electricity to cost more from April
By Mustafa Shafawi | Posted: 30 March 2010 1529 hrs
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SINGAPORE: Electricity will cost more for the upcoming quarter, starting April. It will be the fourth consecutive quarter of increase.

SP Services said that is because of a continued increase in fuel oil prices. The average fuel oil price over the last three months has increased from S$99.38 to S$102.95 per barrel.

With the increase of some three per cent, electricity will cost 23.56 Singapore cents per kilowatt-hour.

On average, families in four-room HDB flats will see a S$2.47 increase in their monthly electricity bill for the quarter.

The Energy Market Authority has approved the revised tariff.

- CNA/sc

FUCK THE INSATIABLY GREEDY FAPEE TRAITORS!​

 

[myfoot123]

That is the problem of selling off National Asset. The oil price has gone down before but the tariff did not go down, now oil price merely reinstated but the tariff gone up instead. What kind of stupid logic PAP expect Singaporeans to believe? EMA is PAP. It ought tbe be fxxked dead.

 

[Zombie]

i think US futures price has nothing to do with it....
they buy fuel from the local region forward market...
difficult to find price chart from the internet...