Singapore U-Save 2024 – Payout Date, Amount & Eligibility Criteria!

HDB households in Singapore will get the Singapore U-Save 2024 Rebate to help them pay their escalating energy bills. Qualifying families will receive up to $950 for the fiscal year 2024, 2.5 times the amount of regular U-Save rebates.

Singapore U-Save 2024

Enhanced AP U-Save refunds will be sent to families throughout the regular quarters beginning in January 2024 and ending in December 2025. The rebate amount has increased by $20 from the previous year’s AP U-Save returns, giving qualified families even more assistance.

The U-Save Rebate 2024 is a helpful support program that offers financial assistance for utility bills to qualifying families in Singapore. The U-Save Rebate 2024 will be straightforward and quick to get for those in need since qualifying families will receive it directly via their utility accounts, which SP Services manages.

U-Save Rebate Amount 2024

Within the U-Save Rebate 2024, there are two sections: This refund is sent out in January, April, July, and October every three months, based on the amounts specified above for each kind of HDB unit. This refund is double the regular amount and is sent back in two payments, in January and July. 

For instance, if the ordinary GSTV-U-Save rebate for the same unit is $750, the AP U-Save refund for a four-room flat would be $1,500 and would be paid out in two equal payments, one in July and the other in January.

The amount of U-Save Rebate 2024 is determined by two factors:

The amount of the U-Save Rebate 2024 depends on the kind of HDB unit you live in. The following is a breakdown of the return amounts for the different types of apartments:

  • 1- and 2-room flats: Up to $950
  • 3-room flats: Up to $850
  • 4-room flats: Up to $750
  • 5-room flats: Up to $650
  • Executive/Multi-generation flats: Up to $550

This additional assistance is part of the Assurance Package, which aims to provide qualified families with financial aid to help them cope with the issues of growing living expenditures. Your unit type will determine how the total money received is divided.

  • 1 & 2-room flat: $440 – $455
  • 3-room flat: $380 – $395
  • 4-room flat: $315 – $330
  • 5-room flat: $250 – $265
  • Executive/Multi-generation flat: $185 – $200

The U-Save Rebate 2024 is distributed annually in four quarters, often in April, July, October, and January. The exact amount you get each quarter may vary depending on the payment schedule and the specific quarter in which you receive the return.

How to check the status of your U Save Rebate 2024?

Ensuring you get the appropriate amount of U-Save Rebate is essential. The selections listed below are simple to use and will help you monitor and validate your rebate:

  • Your HDB records and eligibility will immediately pay the U-Save Rebate. It is not necessary for you to follow its development or to register or apply.
  • The regular GSTV-U-Save is disbursed quarterly (in January, April, July, and October), but the AP U-Save is paid out in two payments (in July and January).
  • Refunds will be sent straight into your bank account or the Singapore General Hospital (SGH) MediSave account linked to your HDB flat.

U Save Rebate 2024 Eligibility

For you to be eligible for the U-Save Rebate 2024, you have to meet certain qualifications and live in an HDB unit. This ensures that the money gets to the right individuals, enhancing Singaporeans’ quality of life.

  • At least one Singaporean citizen must be present whether you are the HDB apartment’s owner and inhabitant or if you rent out a portion of it.
  • At least one Singaporean national must be residing in the HDB flat if the whole unit is leased out.
  • You are not allowed to own an ownership stake in more than one property if you are an essential occupier or owner who leases out a portion of the flat.
  • Every tenant, if the whole unit is leased out.

U-Save Rebate Schedule 2024

The 2024 U-Save Rebate schedule includes both the regular GSTV-U-Save and the additional Assurance Package (AP) U-Save. The following is a list of the dates and payment amounts for each component:

Regular GSTV-U-Save:

  • Disbursement Dates: January, April, July, October 2024
  • Amounts: Vary based on HDB flat type (ranging from $65 to $130 per quarter)

Additional Assurance Package (AP) U-Save:

  • Disbursement Dates: July 2024, January 2025
  • Amounts: Double the Regular GSTV-U-Save Amount For your Flat Type
  • Status: The first tranche was Disbursed in July 2024.
  • Remaining: The second Tranche will be Disbursed in January 2025

The total U-Save Rebate amount you will get in 2024 after combining the two may vary depending on the kind of flat you have and the time you are reading this.

  • Before July 2024: The first three-quarters of the standard GSTV-U-Save have been provided to you.
  • After July 2024: You have been Granted the first Installment of both the ordinary GSTV-U-Save and the AP U-Save.

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