SINGAPORE : Some 800,000 Singaporean HDB households
can expect to receive S$35 million of Utilities-Save (U-Save)
rebates in July.
The Ministry of Finance (MOF) said a Singaporean
household may receive up to S$90 in U-Save rebates, depending on
the HDB flat type.
The rebates are part of a five-year GST Offset
Package announced in 2007, with the final tranche of U-Save rebates
to be paid in January 2012.
The U-Save rebates in July are the third tranche for 2011.
The rebates were enhanced in the 2011 Singapore Budget, and the
enhancements will more than offset the annual increase in utilities
bills due to the higher electricity and gas tariffs announced for
the coming quarter.
MOF said the total amount of U-Save rebates received by Singaporean
households this year would offset more than four months of
utilities bills for families living in 1- and 2-room flats.
Those living in all other HDB flat types will benefit from at least
one month's offset of their utilities bills.
The U-Save rebates will be used to offset utilities charges
directly.
- CNA/al