Save on Your Electricity Bill with U-Save Rebates

Save on Your Electricity Bill with U-Save Rebates

3 June 2021

U-Save Rebate - Just Another Way for You to Save!

Just last year, energy experts put out a warning of sorts, informing Singaporeans that their energy bills will see an increase as staying indoors becomes the norm amidst the circuit breaker measures. This followed after research by the Energy Market Authority (EMA) showed that average daily household electricity consumption increased a whopping average of 22% in May 2020, compared to February 2020.

With more people relying on energy-consuming electronics and appliances like air-conditioners, computers, television sets, and more, even the most frugal of households were on the receiving end of bill shocks, and that does seem to be changing any time soon - especially with the rising electricity tariff rates.

Understanding the possible difficulties families may experience during this period of uncertainty, the Singapore government has taken measures to help weather the storm.

One of these is the GST Voucher scheme – more specifically, 1 of the 3 components known as the U-Save rebate. Though introduced back in 2012, the U-Save rebate continues to help households with their utility expenses.

As close to 1 million HDB households should be receiving the quarterly rebate in due time, we look into its specifics and other ways you can save on your electricity bill when you make the switch to Senoko Energy.

Understanding the U-Save Rebates

The U-save rebate is designed to help households with their utility bills. Ranging from $235 to $395, 2021 will see more rebates due to the additional one-off U-Save Special Payments that will equally be paid over in April 2021 and July 2021. Directly credited into your HDB flat’s utility account and rolled over to the following months, there is no need for sign-ups or special requests to be made to prevent lapses.

1. Eligibility Criteria

So, what are the eligibility criteria for the GST Voucher – U-Save? For one, family members living in the same household should not have other properties under their name. Beyond this, there are a few other conditions to meet:

  • If the HDB property is registered under your name, there must minimally be 1 Singapore citizen occupying it.
  • If your HDB property is partially sublet, there must be at least 1 Singapore citizen occupying or owning it.
  • If the HDB property is fully sublet to you, there must minimally be 1 Singapore citizen residing in the flat.
  • The owner of the HDB flat must open a utility account opened under the respective electricity provider in Singapore by the 15th of the month before the rebate is credited (For example: A utility account should be opened with Senoko Energy by the 15th of June to be eligible for the rebate given out in July)

For more information on the eligibility criteria, you can visit the official GST Voucher – U-Save website.

Senoko Energy is applicable with U-Save Rebate!

You can offset electricity bills with your remainder U-Save GST Vouchers (Credits will be first used to offset your gas and water bills with SP Services)

2. Can it Offset Electricity Bills from Senoko Energy?

Regardless of the electricity provider you switch to in Singapore, you will be eligible for the U-save rebate as long as you meet the above-mentioned criteria. Do note, however, that the voucher will be used to offset gas and water bills from SP Services before any balance credits are brought forward to offset your electricity bill from Senoko Energy.

For more information on how this will be reflected on your Senoko Energy bill, visit our support page to better understand your bill.

3. When Will the Rebate be Given Out?

The rebate is split over the course of a year, and given out on a quarterly basis – January, April, July, and October. The January pay-out will be given in 2022.

Reduce Your Utility Bills with Senoko Energy

From affordable electricity price plans and smart rewards to referral benefits and exclusive promotions and discounts, Senoko Energy offers several ways to make huge savings on your monthly bills. As a matter of fact, from now till 30 June 2021, you can leverage our line-up of Promo Codes and get up to a $90 bill rebate. New sign-ups and renewals can even use the code to enjoy a one-time $60 off any of the 24-month plans. So what are you waiting for? Review our slew of electricity plans today and make Senoko Energy your preferred electricity provider.

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Switch and save over 30% on your bills. Enjoy rates as low as 19.58¢/kWh vs SP regulated tariff of 24.13¢/kWh. No security deposit or monthly service fees!

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