Monday, September 29, 2008

Electricity Bill will be high at last quarter 2008

Singaporeans may see their electrical bills increased by as much as 21% in the final quarter of 2008. That is because of the higher cost of oil price that pushed up the cost of electricity, in general. For this forth quarter of October 1 to December 31, the electricity tariff for are pegged at S$155.14 per barrel.

Hopefully residents of Singapore will look for ways to cut down on their electricity bills by usage and also opting for electrical equipments that do not consume too much electricity.

In my household alone, we have changed the washing machine to a Japanese brand that has water and electrical saving feature compared with our previous European model. The next step would be to reduce usage of the air-conditioning although it will be hard since the weather in Singapore is really hot and humid most of the time.

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