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Thu, Jun 26, 2008
The Straits Times
Over 780,000 HDB households to get next tranche of utility rebates

MORE than 780,000 eligible HDB households will get the next tranche of their Utilities-Save (U-Save) rebates next month, given to to help low and middle-income Singaporeans cope with the GST increase.

Together with the first rebates given out in January, they will amount to $134 million this year.

One and two-room households will get $220 worth of U-Save rebates, which come to as much as 30 per cent of their average utility bill.

The rebates for the other HDB households are $200 for three-room flats, $190 (four-room), $120 (five-room) and $80 (executive flats).

A Finance Ministry statement on Thursday said the U-Save rebates are part of the $4 billion GST Offset Package announced in last year's Budget to help Singaporeans, especially low and middle-income households, adjust to with the GST increase in July 2007.

For most households, the rebates are more than sufficient to cover the tariff increases in the course of this year, said the ministry.

The U-Save rebates will cost the Government $550 million over five years.

Singapore Power Services will notify all eligible households of their U-Save rebates in their July 2008 bill.


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