World's second richest country to give one million households utility rebates in October
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.
Singapore, ranked as the world's second-richest country by GDP per capita, is set to provide one million HDB households with utility rebates in October. To be eligible for the U-Save utility rebates, households must have at least one Singaporean owner or occupier in government-managed Housing & Development Board units. The rebate amount varies based on the flat type, with one- and two-room units receiving the highest amounts.
Eligible households will also receive up to one month's worth of service and conservancy charges, which cover town council services like cleaning, landscaping, waste collection, and maintenance. These rebates will be automatically credited to eligible households' accounts with SP Services and their respective town councils. The rebates are part of government efforts to alleviate cost-of-living pressures for lower- and middle-income households.
Households can potentially receive up to $760 in U-Save rebates and the equivalent of 3.5 months of conservancy rebates over the financial year. In addition, households will experience lower electricity and gas costs in the fourth quarter of 2026 due to declining energy prices.
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