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Reduction in electricity and gas prices for households from October to December

Reduction in electricity and gas prices for households from October to December

DISCOUNTS FOR HOUSEHOLDS

More than 950,000 Singaporean households living in HDB flats will benefit from U-Save and service and conservation fee (S&CC) discounts this October.

The rebates – paid in April, July, October and January each year – are part of the ongoing GST Voucher (GSTV) program and help support GST and cost of living expenses for low-income and low-income households. means.

The October rebates will be the third quarterly disbursement for fiscal 2024, the Finance Ministry said Monday.

As announced during Budget 2024, additional U-Save will be provided to help Singapore HDB households cope with their rising utility bills.

This October, eligible households will receive up to S$190 from U-Save, depending on their HDB flat type.

In total, eligible households will receive 2.5 times the regular U-Save amount, or up to S$950, this financial year, the Finance Ministry said.

“On average, this will cover around eight months of utility bills for those living in one- and two-room apartments, and around four months of utility bills for those living in three- and four-room apartments. “

Eligible households will also receive up to one month of S&CC discounts, depending on their HDB flat type.

In total, eligible households will receive up to four months of S&CC rebates this financial year.

Eligible households do not need to take any action to benefit from the U-Save and S&CC discounts.

U-Save rebates will be credited directly to households’ utility accounts with SP Services, while S&CC rebates will be credited directly to households’ S&CC accounts with their respective local councils.

Those with questions about U-Save discounts can contact SP Group on 6671 7117 or through its website.

Further information about the GSTV programme, including frequently asked questions, is also available online.

Residents can check or inquire about their eligibility for S&CC discounts by logging into My HDBPage via HDB InfoWEB with their Singpass. They must follow these steps: My apartment > Purchased apartment/Rented apartment > S&CC discount.

Residents with specific questions about the S&CC payment or the status of their household account can contact their respective local councils.