Press Releases
More Than 780,000 HDB Households To Receive $125 Million Of Utility Rebates In 2009
29 December 2008
This article has been migrated from an earlier version of the site and may display formatting inconsistencies.
1. More than 780,000 eligible HDB households will receive $125 million worth of Utilities-Save (U-Save) rebates in 2009. The rebates will be given out in January and July 2009.
2. Households will receive between $70 and $210 worth of U-Save rebates, depending on flat type. The 2009 schedule of U-Save rebates is shown below:
Schedule of U-Save rebates for 2009:
CY2009 | HDB flat type | |||||
|---|---|---|---|---|---|---|
1-Room | 2-Room | 3-Room | 4-Room | 5-Room | Executive Flats | |
U-Save Rebates | $110 (Jan 09) | $110 (Jan 09) | $100 (Jan 09) | $95 (Jan 09) | $60 (Jan 09) | $40 (Jan 09) |
$100 (Jul 09) | $100 (Jul 09) | $90 (Jul 09) | $85 (Jul 09) | $50 (Jul 09) | $30 (Jul 09) | |
Total | $210 | $210 | $190 | $180 | $110 | $70 |
Note: The full disbursement schedule for the five year package can be found in Annex A (53 KB).
3. The U-Save rebates are part of the $4 billion GST Offset Package announced in Budget 2007 to help Singaporeans, especially low and middle-income households, cope with the GST increase in July 2007.
4. The U-Save rebates will cost the Government approximately $620 million[1] over 5 years (FY2007-FY2011).
5. U-Save rebates will be used to offset utility charges directly. The amount of U-Save rebates will be reflected in the utility bills for January and July 2009 for all eligible households. For more information on U-Save rebates, the public can call SP Services at 1800-2222-333.
---
[1]Afternote: As announced by the Prime Minister on 17 August 2008, eligible households received an additional U-Save rebate payout in November 2008, which represents a 50% increase in the total amount of U-Save rebates given out in Fiscal Year (FY) 2008. This will raise the cost of the U-Save to approximately $620m over five years.
MINISTRY OF FINANCE