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Compare electricity retailers and price plans. Enjoy benefits of buying electricity from retailers in Singapore.
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.
Find the electricity price plan that best meets your business or residential needs. Compare and choose electricity retailer and price plans.
The Open Electricity Market marks the final phase of market liberalisation efforts where all consumers in Singapore are able to choose who they wish to buy electricity from. Their options are to buy electricity from: An electricity retailer at a price plan that best meets their needs; or.
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.
May 10, 2024 · What is Open Electricity Market? Which is the best electricity retailer in Singapore? How are electricity tariffs calculated every quarter? What should I watch out for when choosing an electricity retailer? How do I switch electricity providers? Will my electricity supply be disrupted during the switch?
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.
With the Open Electricity Market, you have the choice of buying electricity from: SP Group at the regulated tariff (no action is required if you choose this option); or; An electricity retailer at a price plan that best meets your needs; or; The wholesale electricity market at half-hourly wholesale electricity prices through SP Group.
Jul 1, 2022 · Find out how the Open Electricity Market will affect the cost of electricity in Singapore. Will you actually save money by switching from SP Group?
Aug 5, 2022 · SINGAPORE: Rising prices of electricity retail plans have narrowed what was once a double-digit difference with SP Group's regulated tariff to less than 1 cent per kilowatt hour (kWh), as the...
