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Before You Settle With One - Instantly Compare All Suppliers in Your Area. See Their Rates. Before You Settle With One - Instantly Compare Rates From ALL Electric Suppliers
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Sep 6, 2024 · Here is the current list of electricity retailers that you’ll be able to buy their electricity from: Best Electricity Supply – Operations have ceased since 21 October 2021; Diamond Electric – Discontinued since 6 November 2021; Geneco by Seraya Energy; iSwitch – Operations have ceased since 11 November 2021; Keppel Electric
- Geneco. Want a taste of having your home powered by an Open Electricity Market retailer? Consider Geneco’s aptly named Give Us A Try 6-month trial electricity plan.
- SP Services. SP Services is the default energy provider for households in Singapore. If you don’t make the switch to an Open Electricity Market retailer, your home will be powered by SP Services.
- Keppel Electric. Keppel Electric has four electricity plans that you can choose from, two of which allow you to reduce your carbon footprint. Whether you prefer to lock in your fixed rate for 24 months or 12 months, the two electricity plans are priced the same.
- Tuas Power. Underwritten by Singlife, you can choose to be covered with (i) home insurance, or (ii) utilities relief insurance. T&Cs apply. Tuas Power offers 12, 18 and 24-month fixed price plans.
- Getting Started: 3 Steps to Picking An Electricity Retailer
- Cheapest Electricity Retailers For Fixed-Price Plans
- Cheapest Electricity Retailers For “Discount Off Regulated Tariff” Price Plans
- Other Non-Standard Price Plans—“Peak & Off-Peak”, Free Gifts & More Promotions
- What Is The “Transmission Loss Factor”?
- Best Cashback Credit Cards For Paying Your Electricity Bills
Step 1:Choose between a fixed rate planor a discount on the regulated tariff. Some retailers have non-standard plans as well. Step 2: Decide how long you want your contract to be—it can be as short as 6 months or as long as 3 years. Step 3:Finally, compare the prices and choose your preferred power plan. If you’re already confused, fret not. That’s...
For these price plans, you pay a fixed price (calculated per kWh) throughout your contract. This fixed rate remains unaffected by SP’s electricity tariff and is applied to your total electricity consumption (regardless of what time you use it). In the past, short-term contracts used to be the go-to for the best prices—probably a little nudge to get...
This type of plan gives you a fixed discount off SP’s electricity tariff For this type of plan, you get a fixed discount off SP’s electricity rate, which is currently $0.2989 per kWh from 1 January to 31 March 2024— a pretty huge jump compared to last quarter ($0.2870). If you opt to go for a retailer on the OEM, you pay a floating rate, subject to...
Some retailers also offer other types of packages other than the standard price plans to cater to different types of consumers who may have different habits. One of them is the “peak and off-peak” pricing, which charges different rates for day and night use. So, if you use most of your electricity during off-peak hours, you can enjoy cheaper prices...
When the Open Electricity Market first launched, it was really difficult to find out which electricity plan was the cheapest because some of them were complicated by this troublesome thing called the Transmission Loss Factor. When power is delivered to your home, a certain percentage of it is “lost”, and different retailers deal with this loss in d...
Most electricity retailers make it easy for you to set up a recurring charge to your credit card of choice…but bear in mind that not all credit cards will give you cash rebates for your electricity bills. For example, some credit card terms and conditions put “recurring payments” and “bill payments” under their list of general exclusions. This can ...
Jan 10, 2023 · Our guide compares various plans currently on the market along with promotions and benefits offered, to help you find the best electricity plan in Singapore that best matches your needs. Our Picks for the Best Electricity Retailers in Singapore. Cheapest Fixed Price Plans: Sembcorp Power, Union Power, PacificLight & Geneco.
- Zoryana Melesh
Find the electricity price plan that best meets your business or residential needs. Compare and choose electricity retailer and price plans.
Aug 21, 2024 · Which is the best electricity retailer in Singapore? Before choosing an OEM retailer, you need to understand how quarterly tariff prices are set by SP Power, and what factors contribute to price fluctuations. Then, you can pick the plan that best suits how your household consumes electricity.
1. Diamond Energy Merchants. Credit: Diamond Electric. Established in 2006 by Dallon Kay, Diamond Energy Merchants is the best electricity retailer in Singapore. Diamond Electric is certified by Energy Market Authority (EMA) & the only retailer who got a 5-star rating in a customer survey conducted by EMA.
