Latest news with #U-Save
New Paper
6 hours ago
- Business
- New Paper
Some 950,000 Singaporean households to get U-Save, S&CC rebates in July
Close to a million Singaporean HDB households will receive rebates to their utility and conservancy bills in July, as part of a government scheme to help them with cost of living. Depending on their HDB flat type, eligible households will receive up to $190 in U-Save for their utility bills, and a maximum of a month of rebates for their service and conservancy charges (S&CC), the Ministry of Finance said in a statement on June 30. For example, people living in a four-room flat will get $150 and half a month respectively in rebates for their U-Save and S&CC. Those in one- and two-room flats will get $190 and a month respectively. The utility and S&CC rebates will be automatically credited to the eligible household's accounts with grid operator SP Services and the town councils, respectively. These rebates are part of a permanent GST Voucher scheme and the enhanced Assurance Package to help lower- and middle-income households cope with the increasing cost of living and increase Goods and Services Tax. They are disbursed every three months - in April, July, October and January - each year. In total, eligible Singaporean HDB households will receive up to $760 of U-Save rebates in fiscal year 2025. Meanwhile, eligible households can expect to receive a total of up to 3.5 months of S&CC rebates in fiscal year 2025. To be eligible for the U-Save rebate, there must be at least one Singaporean owner or occupier in the household if the flat is partially rented out or not rented out. If the entire Housing Board flat is rented out, there must be at least one Singaporean tenant. Households with people who own more than one property are not eligible for U-Save rebates, said the Finance Ministry. The following households are not eligible for the S&CC rebate: Those with no Singaporean flat owner or occupier in the flat Those whose flat owners or essential occupiers own or hold interest in a private property Those who have rented out the entire flat To check on their eligibility for S&CC rebates, members of the public can log in to the My HDBPage with their Singpass. In its statement, the ministry also reminded the public that government officials will not ask them to transfer money or disclose banking details over a call.
International Business Times
10 hours ago
- Business
- International Business Times
Over 950,000 Singaporean Households to Receive U-Save and S&CC Rebates This July
Over 950,000 Singaporean households living in Housing and Development Board (HDB) flats will receive rebates in July 2025 to help cover some of the expenses associated with paying their utilities and housing estate maintenance fees. The Ministry of Finance said in a news release on Monday, June 30, that the rebates for U-Save and the Service & Conservancy Charges (S&CC) are part of the government's enhanced Assurance Package and the permanent GST Voucher scheme to help residents cope with the rising costs of living. The rebates will assist the lower- to middle-income HDB households in defraying their utility costs and S&CC. The remaining two quarterly disbursements for the fiscal year 2025 will be distributed in October and January of the following year. This is the second one. Depending on the type of HDB flat, qualifying households will receive up to S$190 (US$149) in U-Save next month. In the fiscal year 2025, eligible HDB households in Singapore will receive a total of up to S$760 in U-Save rebates. Depending on the type of HDB flat, qualified households will also receive S&CC rebates for up to one month in July. During the fiscal year 2025, eligible households will receive S&CC rebates for a maximum of three and a half months. The latest announcement came on the back of a separate MOF announcement that household electricity and gas tariffs are set to be lowered for the period of July to September. Eligible households are not required to do anything in order to receive the S&CC and U-Save rebates. While the S&CC rebates will be credited directly to their S&CC accounts with their respective town councils, the U-Save rebates will be credited directly to their utility accounts with utilities provider SP Services.
Online Citizen
10 hours ago
- Business
- Online Citizen
Nearly 1 million HDB households to receive rebates in July as energy tariffs fall
SINGAPORE: Close to a million Singaporean households living in HDB flats will receive rebates for utilities and service charges in July. The disbursement is part of ongoing efforts by the government to address cost-of-living pressures amid rising prices. According to the Ministry of Finance (MOF) on 30 June 2025, the rebates are part of the permanent GST Voucher scheme and the enhanced Assurance Package. Eligible households will receive up to S$190 in U-Save rebates for utility bills and up to one month's worth of service and conservancy charges (S&CC) rebates. The amounts vary according to flat type. Households in one- and two-room flats will receive the maximum of S$190 in U-Save and a full month's S&CC rebate. Those living in four-room flats will receive S$150 in U-Save and a half-month of S&CC rebates. The rebates will be automatically credited. U-Save rebates go to households' SP Services accounts, while S&CC rebates are sent to town council accounts. In total, eligible households can receive up to S$760 in U-Save rebates and up to 3.5 months' worth of S&CC rebates in the 2025 financial year. The rebates are distributed quarterly in April, July, October, and January. Eligibility is based on citizenship status and property ownership. For U-Save rebates, a household must have at least one Singaporean owner or occupier. If the flat is entirely rented out, there must be at least one Singaporean tenant. Households where individuals own more than one property are not eligible for U-Save rebates. To qualify for S&CC rebates, there must be a Singaporean flat owner or occupier, and none of the owners or essential occupiers should own private property. Flats that have been fully rented out are also ineligible. Residents can check their eligibility for S&CC rebates through My HDBPage using their Singpass. The Finance Ministry also issued a reminder that officials will never request money transfers or personal banking information via phone calls. Separately, national grid operator SP Group announced that electricity tariffs will decrease for the quarter from July to September 2025. The fall is attributed to lower energy costs, following steady rates in the previous quarter. Electricity tariffs will drop by 2.3 per cent, equivalent to a reduction of 0.65 cent per kWh before GST. This will bring the new electricity tariff to 27.47 cents per kWh before GST. As a result, families in HDB four-room flats can expect a reduction of about S$2.36 in their average monthly electricity bill, before GST. City Energy, the gas supplier, also announced a decrease in gas tariffs. The rate will drop from 22.72 cents per kWh to 22.28 cents per kWh, also due to lower fuel costs. Both SP Group and City Energy review tariffs quarterly, under guidelines from the Energy Market Authority (EMA). SP Group explained that the energy cost component of electricity tariffs is based on average natural gas prices in the first 2.5 months of the previous quarter. Tariffs are susceptible to fluctuations due to global fuel price volatility, which can be affected by geopolitical events, such as ongoing conflicts in the Middle East. Electricity tariffs consist of four components: energy costs paid to power generation companies, network costs paid to SP Group, market support service fees, and a fee to the Energy Market Company for operating the electricity wholesale market.
AsiaOne
12 hours ago
- Business
- AsiaOne
Over 950,000 HDB households to receive U-Save and S&CC rebates in July, Singapore News
Close to a million Singaporean HDB households will receive rebates on their utility and conservancy bills in July. Eligible households will receive U-Save and Service & Conservancy Charges (S&CC) rebates in July as part of the permanent GST Voucher (GSTV) scheme and the enhanced Assurance Package, said the Ministry of Finance (MOF) in a statement on Monday (June 30). Households will receive rebates according to their HDB flat type. For example, households living in a one- or two-room flat will receive $190 worth of U-Save and one month of S&CC rebates. The latest batch of rebates will be the second quarterly disbursement for Financial Year 2025, and are provided to help Singaporean households with their cost-of-living concerns, said MOF. Eligible households do not need to take any action and will have the rebates automatically credited to their utilities accounts by SP Services and their town councils respectively. MOF said that households whose members own more than one property are not eligible for the rebates. Households with no Singaporean flat owner or occupier will also be ineligible. Residents can check their eligibility for S&CC rebates by logging into My HDBPage with their Singpass. Those with specific queries can also contact their respective town councils. MOF also reminded the public that government officials will never ask them to transfer money or disclose banking details over a phone call. "If members of public are unsure if something is a scam, they should call the 24/7 ScamShield Helpline at 1799," MOF said. [[nid:719632]]
Straits Times
14 hours ago
- Business
- Straits Times
Over 950,000 Singaporean households to get U-Save, S&CC rebates in July
Depending on their HDB flat type, eligible households will receive up to $190 in U-Save for their utility bills. ST PHOTO: LIM YAOHUI Over 950,000 Singaporean households to get U-Save, S&CC rebates in July SINGAPORE - Close to a million Singaporean HDB households will receive rebates to their utility and conservancy bills in July , as part of a government scheme to help them with cost of living. Depending on their HDB flat type, eligible households will receive up to $190 in U-Save for their utility bills, and a maximum of a month of rebates for their service and conservancy charges (S&CC), t he Ministry of Finance said in a statement on June 30. For example, people living in a four-room flat will get $150 and half a month respectively in rebates for their U-Save and S&CC. Those in one- and two-room flats will get $190 and a month respectively. The utility and S&CC rebates will be automatically credited to the eligible household's accounts with grid operator SP Services and the town councils, respectively. These rebates are part of a permanent GST Voucher scheme and the enhanced Assurance Package to help lower- and middle-income households cope with the increasing cost of living and increase Goods and Services Tax. They are disbursed every three months - in April, July, October and January - each year. In total, eligible Singaporean HDB households will receive up to $760 of U-Save rebates in fiscal year 2025 . Meanwhile, eligible households can expect to receive a total of up to 3.5 months of S&CC rebates in fiscal year 2025. Join ST's WhatsApp Channel and get the latest news and must-reads.
