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Electricity tariffs for households to go up by 12.5% in Q4
This is seriously wtf.. tot fuel prices decreased so much already... somemore petrol prices juz went down by 7 cents... 
http://www.channelnewsasia.com/stori...008068/1/.html
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 /ls
http://www.channelnewsasia.com/stori...008068/1/.html
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 /ls
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