Saturday, June 27, 2009 0:17

Higher fuel prices, so electricity will go up next month

In Quotes • 655 views • 18 Comments

Electricity prices here will go up by about 7 per cent from Wednesday, on the back of increasing fuel oil prices, said utilities services provider SP Services on Friday.

Straits Times

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18 Comments

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SingaporeanGood
Jun 27, 2009 3:37

nothing special…..7% somemore! they only know how to make $ from Singaporean…maybe to cover the loss they made.

Daniel
Jun 27, 2009 4:53

“loss they made” ?
Remember the dodo gov selling Singapore electricity asset ? Look like it is time the company that buy over the electricity plant of Singapore start to dig citizen’s pocket.

Gov get money, company that buy over Singapore electricity make money, only the citizen get screwed .

I Can Honestly Say . . .
Jun 27, 2009 7:41

come down take so long, go up come so fast!

SotongBall
Jun 27, 2009 7:50

Sigh…

blackfeline
Jun 27, 2009 8:22

like suze orman will say..show us e losses!

tiredman
Jun 27, 2009 8:37

When the fuel price drop like crazy, they decided to increase the price greatly then decrease the price a little. When the fuel price increases, they decided to slap us with 7%. What is this? What is the govt trying to tell me?

aiyoyo
Jun 27, 2009 8:41

aiyoyo

alamak electricity $ increase again; for the elites.

weather so hot, sure use fans, aircon, kettle (boil drinking water) etc. etc.

how to tahun for commoners?

not sure other than increase $, elites got better solutions?

invest in red dot instead la,

see, how much $ been invest outside red dot,

where are those $ now huh?

sad story again.

aiyoyo

Dark age
Jun 27, 2009 10:40

Thanks to Lees, PAP and Temasek holding. Now citizens are screwed. More good years ahead!

SZ
Jun 27, 2009 10:46

Can somebody please please make a copy of the ST, so that we can stuff it in the face of who ever that says that the previous increase is not due to oil prices?

woodpecker
Jun 27, 2009 12:17

Dont forget that during the last electricity price spike, the gahmen just quietly continued to collect their electricity tariff and taxes.

It’s time the opposition members be proactive and demand the gahmen for a plan that states at which levels of would lower the tariff and taxes be lowered temporarily.

Once oil prices spike again, it may be too late for the lower income families to bear this extra burden.

Ganga
Jun 27, 2009 12:43


For those who thought you can save money by staying at home (and not spending money outside), well, think again….

Government: “We have ways of making you pay!”

Tan Yeong Hong
Jun 27, 2009 12:53

Here we go again…

Same old Wayang again!

IMS
Jun 27, 2009 13:49

when oil prices was $150 dollars, electricity prices rose so much. and then when prices dropped to below $40, it took so many months of moaning and complaints before EMA decided to act.

1. $150 a barrel: First they say prices need to go up because of high oil prices.
2. $30 a barrel: Minister and they say, oil prices have no bearing on electrcity price hike.
3. Now: They say oil prices going up, price to be raised.

So what is what?

Daniel
Jun 27, 2009 17:26

“Can somebody please please make a copy of the ST, so that we can stuff it in the face of who ever that says that the previous increase is not due to oil prices?”

That’s is a good one. Now we have the evidence that gov has been deceiving the public and caught red-handed. Now what is the corruption investigation unit under PM going to do now ? Pretend nothing has happened ?

patriot
Jun 27, 2009 23:04

If I remember correctly Minister Raymond Lim said public transport fare hikes were not linked to oil prices. As such, he got no link to the increases in electricity tariffs. However, it is hoped that his Ministry will not raise the fares of public transports because of the increasing oil prices.

patriot

thumos
Jun 28, 2009 22:43

and PM Lee can have the cheek to say we have to stick together in troubled times – SUCH HYPOCRISY!!

mice is nice
Jul 4, 2009 14:02

hmmm, anyone notice people (neighbours, residents of other blocks of flats) are switching off lights earlier?

PMET
Oct 12, 2009 14:06

Last decrease was about how many percent again?
now increase 7% in June, and another 12.5 in October. I guess it breaks even the decrease they gave out.

Prices of gas are always pegged differently when it comes to tariff adjustments.
When oil prices dropped, the price of gas is pegged to various indicators.
When oil prices increase, suddenly the price of gas is pegged to the oil price.

Makes you wonder, how in the world does traders for gas determine the price of gas when making purchases of gas for their businesses!

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