World's second richest country to give one million households utility rebates in October
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World's second richest country to give one million households utility rebates in October

Anh Tuấn DươngSeptember 30, 20260 Views

Singapore will give more than one million eligible households living in public flats rebates of S$110-190 (US$78-148) on their utility bills in October to help with living costs.

To qualify for U-Save utility rebates, households living in government-managed Housing & Development Board (HDB) units must have at least one Singaporean owner or occupier, or at least one Singaporean tenant if the entire flat is rented out, the city-state's Ministry of Finance said in a statement on Wednesday.

Households are ineligible if any member owns more than one property.

The rebate amount depends on the type of flat, with households in one- and two-room units receiving the highest amounts.

People relax on an outdoor deck as the sun sets in Marina Bay in Singapore on Monday, June 14, 2021. Photo by Joseph Nair via Reuters

People relax on an outdoor deck as the sun sets in Marina Bay in Singapore on Monday, June 14, 2021. Photo by Joseph Nair via Reuters

Eligible HDB households will also get rebates worth up to one month of service and conservancy charges, which are fees paid to town councils for services such as estate cleaning, landscaping, waste collection, pest control, and the upkeep of mechanical and electrical fixtures.

For these conservancy rebates, households are ineligible if they have no Singaporean owner or occupier, or if an owner or essential occupier owns or has any interest in private property. Flats that are fully rented out also do not qualify.

The U-Save and conservancy rebates will be credited automatically to eligible households' accounts with grid operator SP Services and their respective town councils.

These rebates are issued every quarter in April, July, October and January as part of government measures aimed at easing cost-of-living pressures for lower- and middle-income households in Singapore, which The Economist ranked as the world's second-richest country behind Switzerland based on 2025 GDP per capita.

Eligible households can receive as much as $760 in U-Save rebates and the equivalent of up to 3.5 months of conservancy rebates over the financial year running from April 2026 through January 2027, according to The Straits Times.

The upcoming rebates come as households in the city-state are set to pay less for electricity and gas in the fourth quarter of 2026 as energy costs decline, Channel News Asia reported Wednesday.

Electricity tariffs will fall 10.4% from the previous quarter to 28.59 Singapore cents per kWh from October to December while gas prices will drop 8.6% to 21.45 cents per kWh.

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