The Ministry of Finance said in a statement that about 1.2 million Singaporean households will be receiving a one-off $100 Household Utilities Credit (HUC) by September 2022.
This is part of the $1.5 billion package that was earlier announced by Deputy Minister and Minster of Finance Lawrence Wong on 21 June, to fight inflation.
Ministry of Finance’s statement
About 1.2 Million Singaporean Households to Benefit from $120 Million Household Utilities Credit by Sep 2022
1. 1.2 million Singaporean households living in both public and private residential properties, will each receive a one-off $100 Household Utilities Credit (HUC) by September 2022. The HUC is part of the $1.5 billion package earlier announced by Deputy Prime Minister and Minister for Finance Mr Lawrence Wong on 21 June 2022 to help Singaporeans cope with higher inflation.
2. The HUC is given on top of the permanent GST Voucher (GSTV) – U-Save scheme, which benefits about 950,000 HDB households. HDB households will receive double their regular U-Save in Financial Year (FY) 2022 through the regular GSTV scheme and Household Support Package announced at Budget 2022.
3. In all, households living in 4-room HDB flats will receive a total of about five months’ worth of rebates on their utility bills for the whole FY2022, while those in 3-room HDB flats will receive about seven months’ worth of rebates.
5. For enquiries on the HUC or GSTV – U-Save, the public may contact SP Group (6671-7117 / [email protected]).
Ministry of Finance
26 August 2022