Thursday, December 27, 2007

Going up from next month-power tariffs pegged to oil prices

From next month, the price of electricity will be increased by an average of 1.24 cents per killowat hour-or about 6 per cent- from the current 21.38cents per KWH. The hike will apply to both busnesses big and small, and households. One-room HDB flat dwellers are expected to pay between $1.50 and $5.50 more per month depending on usage, while the average for a five-room flat would be slightly above $100,up from $95.

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