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800,000 HDB Households To Receive $40 Million Of U-Save Rebates In January 2012

30 Dec 2011

1. About 800,000 Singaporean HDB households can expect to receive $40m worth of Utilities-Save (U-Save) rebates in January 2012.

2. A Singaporean household may receive up to $90 in U-Save rebates in January 2012, depending on HDB flat type (the payment schedule of U-Save rebates for 2011 and 2012 can be found in Annex A):

 

HDB flat type

Disbursement month

1-Room

2-Room

3-Room

4-Room

5-Room

Executive Flats

Jan 2012

$90

$90

$50

$45

$30

$20

3. The U-Save rebates in January are the final tranche of the 5 years of rebates that were granted as part of the GST Offset Package beginning in 2007.

4. Over the past 5 years, HDB households have received more than $800m worth of utilities rebates, inclusive of the additional rebates given under the 'Grow & Share' Package this year. On average, taking into account the U-Save rebates, families living in 4-room and smaller flats have not seen any increase in annual payments for utilities bills since 2007. Other HDB households have also enjoyed significant offsets.

About U-Save rebates

5. The U-Save rebates aim to help households cope with rising costs, including increases in utilities bills due to higher electricity tariffs. The rebates are used to offset utilities charges directly. Unused U-Save rebates each month are rolled over to the following months.

Whom the public can contact for more information

For more information on U-Save rebates, the public can call SP Services at 1800-2222-333, or email spservices@singaporepower.com.sg.

Annex A Schedule of Utilities-Save (U-Save) Rebates in 2011 & 2012

Disbursement
months

Year 2011

Year 2012

Total

HDB flat type

Jan^
(paid)

Apr*
(paid)

Jul^
(paid)

Jan^
(current tranche)

1-room

$100

$170

$90

$90

$450

2-room

$100

$170

$90

$90

$450

3-room

$70

$220

$50

$50

$390

4-room

$65

$210

$45

$40

$365

5-room

$40

$200

$30

$30

$300

Executive/
Multi-generation

$25

$190

$20

$20

$255

^ Announced under the 2007 GST Offset Package
* Additional U-Save rebates as announced under the 2011 'Grow & Share' Package