SINGAPORE: Electricity tariffs will decrease by an average 2.5 per cent for the next three months, beginning July 1.

SP Services attributed the cheaper tariffs to lower natural gas prices, which have resulted in lower power generation costs.

The average fuel oil price from April 1 to June 15, 2012 dropped by 4.6 per cent from S$136.37 to S$130.10 per barrel.

This resulted in a corresponding decrease in the price of natural gas because it is pegged to the fuel oil price.

As a result, the average monthly electricity bill for those living in four-room HDB flats will decrease by S$2.69.

- CNA/al

$2.69 cannot even buy a plate of cai png.

Haiz.

so what? the oil prices goes up and down. S2.69? cann donate to slly harvard cherh?

When the prices adjusted downwards....

It is the front page of all newspapers....

BUT

if prices adjusted upwards.... they try to hide the news in fine print. 

Originally posted by Just_do_it_lah:

When the prices adjusted downwards....

It is the front page of all newspapers....

BUT

if prices adjusted upwards.... they try to hide the news in fine print. 

Who cares about 2.69 when people are more interested in the 20 over million?

Originally posted by charlize:

Who cares about 2.69 when people are more interested in the 20 over million?

People Are Poor....

why they need so much money ? .

Originally posted by Just_do_it_lah:

People Are Poor....

why they need so much money ? .

Nobody can live on hope and fresh air alone.

Originally posted by charlize:

Nobody can live on hope and fresh air alone.

They increased

2.3% during Jan and March

4.3% during April and June.

Now... reduced by 2.5%,.. making alot of FRONT PAGE ....  BTW, they are still up 4.1% in 2012. 

For reducing water and electricity usage for a rounder earth and minimizing its overall impact against enjoyment. Probably, all white-collar pple of the world, essentially the politicians, office holder of the united nations etc to perform a paradigm shift on the clothing materials decorating over its body. For instance long/short sleeve shirt made of 100 percents polyester materials. The washing, drying and ironing of Polyester clothing are much faster, swifter and cool, and the consumption of water and electricity is very much lower. This materials reduces storage spaces as well. All in all, it translates into a richer you

Usually the prices of electricity tariffs is regulated by Engery Market Authority (EMA). Also there is an advertisment from SP services information on the reason of cheaper tariff recently which is the same as the news report above :

Q: Why is the electricity tariff lower next month?

A: This is because the fuel oil price over the last three months has gone down.

Q: But isn't our electricity generated using natural gas?

A: Yes, but generation companies buy natural gas at prices which are tied to fuel oil prices. This is common practice in Asia.

In conclusion: Tariff may have come down but we still need to watch our electricity usage.

For more info, you can visit: www.spservices.com.sg - Tariff - FAQ