Our Minister once quoted "raising our pay is not the solution to inflation". But with no extra income coming in and more expanses going out, will we actually survive? Didn't the oil price drop quite alot recently already?
Households to see average rise of about 22% in electricity bills from Oct. Higher oil prices have pushed up electricity prices for this quarter by about a fifth.
SP Services said on Monday that 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.
Tuesday, September 30, 2008
This is where your Oct Growth Dividend payout is going to..
:: MoMo Polity
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2 Comments:
Frankly speaking, so what about the payout? Can't be of any help to high living standard.
Haiz...
（最近比较烦。。比较烦。。。比较烦，￥￥everywhere)
You remember the Ang Pow from our Gov this Apr & Jul? Oct is the last payout. SG$200 will be credited into your bank account on 1 Oct.
But at the same time, electricity bills is going to up by 22% for the next 3 mths. We will have to pay $22 more for $100 worth of electricity.
So.. 3x$22=$66 & $200-$66=$134. This mean we have only $134 to cope with other increases.. Enough?
WUSINWUG - What you see is not what you get.. But for the purpose of offset!
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