Electricity Tarrif in Singapore


Electricity price increase in January 2009 higher then January 2008 even with Oil Price much lower between these two months January 2008 and January 2009, something they always keep saying as “tied to oil price – quarterly”

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Expect again… as they don’t have any.

Street71.

Voila… someone with better eye-sight then me has provide better conclusion of what I was still trying to compose and spit out in the form of text and sentences…

Electricity suppliers’ people seem forgot on how much they rate the Electricity Tariff last January 2008, when they decide to price the next January 2009 Q1 Electricity Tariff… when they keep saying the “Electricity Tariff is tied to Oil Prices” so now they have again to bite their infamous slogan to explain, on why Oil Prices dip below the January 2008 price, while the Electricity Tariff is higher then January 2008 – for the January 2009 Q1 price tag.

Here are below some articles and prove of electricity bill on December 2007 and January 2008 from real-life collection of Electricity Statement Bill.

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And here is the December 2007 Electricity Statement Bill:

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And here is the January 2008 Electricity Statement Bill:

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And here is the revised Electricity Tariff that published recently for January 2009 Q1 price tag:

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So now we’ll see what the Electricity suppliers will commented on the above stern conclusion and comparison.

Did I hear somebody biting his own hat?

Street71.

Electricity tariff, finally after several hard-complaint from public, and general wisdom advisory comments from local Singaporeans ‘we have to safe more on electricity usage’ – when they faced increase in electricity tariff for housing by 30% increase this Q3 and Q4 of 2008.

Finally the electricity tariff goes down the next quarter Q1 of 2009 (January to March):

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Now comments from public’s forum, do they always wait for public complaint and questions first before they start using their sanity mind to revise the price, by which Q4 oil prices were all went downward but electricity price which they said tied to oil price, were went up significantly.

Ironically, they declared a hefty bonus pay-out for their staff and management during the increase of the electricity tariff.

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Do you see the jump and the fall down from the graphics, try sometime to calculate and rationalize the percentage increase and the decrease between the two, the oil price and the electricity tariff. Probably someone better math then I do, will be able to see the interesting parts on that graphic.

We’ll see on Q2 of 2009, how much differences will it when Oil Price is all time low now, and never even reach any increase during the last 6 months… Will the infamous Electricity Tariff in Singapore be back increased in Q2? Likely it will be…

Welcome to Singapore.

Street71.