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Compare electricity retailers and price plans. Enjoy benefits of buying electricity from retailers in Singapore.
Find the electricity price plan that best meets your business or residential needs. Compare and choose electricity retailer and price plans.
Apr 3, 2024 · The Open Electricity Market (OEM) is part of EMA’s effort to liberalise the electricity market, allowing residential households in Singapore to buy electricity from retailers other than SP Group.
Open Electricity Market Retailers. All residential consumers are now able to buy electricity from a retailer at a price plan that best meets their needs. View the list of participating retailers below.
The wholesale electricity market at half-hourly wholesale electricity prices through SP Group; or [Default] SP Group at the regulated tariff. Learn more about the Open Electricity Market here.
May 10, 2024 · What is Open Electricity Market? Open Electricity Market (OEM) is an initiative by the Energy Market Authority (EMA) to liberalise and open the electricity market to new players. For the end consumer, that means you enjoy more options and flexibility when buying electricity, with the end goal of lowering your monthly electricity bills.
With the Open Electricity Market initiative, the remaining segment of consumers - households and small businesses - have the option of buying electricity from a retailer of their choice while enjoying the same reliable electricity supply.
In the Open Electricity Market, consumers will be able to buy electricity from retailers of their choice at price plans that best meet their needs. Those who prefer to stay with SP Group to buy electricity at the regulated tariff can continue to do so.
The Open Electricity Market is an initiative by the Energy Market Authority (EMA) that allows you to enjoy more choices and flexibility when buying electricity. You can benefit from competitive pricing and innovative offers from retailers.
Step 1: Shop Around for a Price Plan. Shop around and check out the price plans that retailers have to offer. Compare their standard price plans on the Price Comparison website to find one that best meets your needs. Step 2: Contact Your Retailer for More Details. Contact your preferred retailer.
