Households encouraged to use electricity 'prudently' as costs increase due to rising fuel prices: Gan Kim Yong

SINGAPORE: Households in Singapore are encouraged to use electricity"prudently" as electricity prices increase due to doubling of fuel prices, said Minister for Trade and Industry Gan Kim Yong on Tuesday .

Mr Pillai asked what further steps will be taken to ensure the price of electricity does not rise steeply for this period. Sustained high fuel prices will eventually feed into Singapore's electricity prices, said Mr Gan, adding that Singapore is importing almost 100 per cent of its energy needs today.

"With rising demand from sectors such as data centres, 5G networks and electric vehicles, we will see electricity prices rise and normalise.Eligible households will receive GST Voucher - U-Save rebates to support them with their utility expenses, said Mr Gan.

Source: News Formal (newsformal.com)

ermmm.. everyone working WFH? I tell my boss that I have to be prudently working as Govt asks me to use electricity prudently? It is very evident and prudent of Govt to onpass the costs to us as soon as the prices rise? No? It was very prudent when the move to hike petrol tax!

Fuel prices up, you increased can understand. But when fuel prices decreased, electricity wont reduced.

Prudently... leaned something new today 😒

All stayed at home now how to save energy

Strangely when fuel price drops you'll Don't seem to adjust the electricity prices

During LKY time , we 'Save Energy' campaign one , nowadays youngsters tsk tsk ....

not sustainable to live with high electricity costs.

Electricity should always be used with prudence, regardless of costs!

You telling me the national carrier's fuel hedging policy is working now when there are fewer flights now?

Yes sir. You tell me to WFH. Then, i’ll tell my boss i will not switch on my laptop.

Wonder how we are going to do that now WFH is default? Really motherhood statement.

Did the fuel and energy price revise to 0 when the energy fuel price that destroyed hin leong drop to negative value?

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