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Singapore

Facing soaring electricity bills, some eateries shorten hours or even close down

SINGAPORE — Rising electricity prices have proved to be the last straw for Pin Si Restaurant in Safra Yishun club, after it had been grappling with manpower shortages since the start of the Covid-19 pandemic. 

  • Faced with rising electricity bills, several eateries are moving to shorten operating hours to cut costs
  • A popular Cantonese restaurant is going to close after its electricity bill ballooned from S$15,000 to S$40,000 a month
  • Coffee-shop associations said the higher costs were a result of the shops’ previous electricity retailer shutting down and they then had to buy electricity from SP Group
  • Some eateries that have used SP Group’s services all the while have also experienced sharp rises in their electricity bills
Source: TODAY
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