WHAT, price increase again? What is the gahmen doing? Wah rao eh.
ST reported, “The gas tariff for households will increase by 1.5 per cent from Nov 1 to Jan 31, 2017, according to supplier City Gas in a press release on Friday (Oct 28).”
Arrggghh. Hate it when I read such information:
“Prices will increase by 0.25 cent per kilowatt hour (kWh), from 16.60 cents per kWh to 16.85 cents per kWh.
This is due to a 6.3 per cent increase in fuel costs from the previous quarter.”
Makes no sense to me lei. Sibei rocket science.
Anyway, got this from this dude – When you buy gas they charge you by the gallon. When you buy electricity they charge you by the kilowatt-hour (kWh). When you use 1000 watts for 1 hour, that’s a kilowatt-hour. For example:
· If I use air con 8 hours a day, it will be 8 x 16.85 cents = $1.35
· For a month, the new rates will be $1.35 x 30 = $40.50.
· The old rates will be 8 x 16.60 cents x 30 = $39.84.
Okay, easy to understand.
From official source:
“City Gas reviews the gas tariffs every quarter based on guidelines set by the Energy Market Authority, the gas industry regulator. The fuel cost has risen by 26.2 percent compared with the previous quarter. Despite this increase, the tariff is still lower than the preceding quarters from August 2015 to April 2016.”
In plain English, there will be slight increase in gas tariffs due to rising fuel cost. The below diagram will provide you with a quick summary of historical prices. We added the average line somemore. Don’t complain. Don’t KPKB. #effectiveCOMMS
More awesome stuff @ https://www.facebook.com/RiseofTheStrawberryNation
Source for tariffs chart: http://www.citygas.com.sg/forhome/useful-info-2/gas-tariffs/