Yes $1.76/kg , they absorb the FET . . .
So let's take previously $1.90 minus 17% = $1.58
Now $1.76 - 7% = $1.64
Differences $0.06 per kg increase . . .
If my CNG full tank 20.75kg x $1.64 = $34.03 .Previously $33 max
i paid .
Divide my my usual mileage of 292km , per km i paying $0.12
cents .....
Up $0.01 .
Roughly $1 paying more daily .
The key is, how long are they able to absorb? year to year
profit decrease is consider lost to them, lost to their KPI, by and
large, they will think of way to recoup it back, but now, lan lan
hv to accept it, if not all throw keys at them, no place to hang
the keys.
$665 is not something given to you for nothing, it is tied to
that you pay up your rental on time, you buy CNG, you got only few
stations and the needs to travel at time to the nearest one is a
cost, in return the compensation is that $665, they used the term
benefit is actually not correct, it should be compensation, a
part of the packages.
Alway remember, benefits is given, not a must, therefore it can
be taken back, reduce or changed without any reason, compensation
is part of a paid, to cut or reduce need to negiotiate, if not, you
can approach MOM
