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Open Electicity Market Comparison

The Open Electricity Market Comparison of SGP

Posted on October 3, 2021October 29, 2021

Since the establishment of the open electricity market comparison, the houses in Singapore do not just have the option of SP services. Still, they can choose from 11 energy providers in the market. Switching of electricity providers is not compulsory, but it’s good to have options.

Various short-term contracts provide the cheapest prices in the market.

Here is a list of cheapest the open electicity market comparison of retailers for-

Discount of regulated tariff Open Electicity Market Comparison

A fixed discount set by the Energy Market Authority for regulated tariffs, $ 0.2580 per kWh.

 

  1. Tuas power supply- with a 6 months contract and Percentage discount of 16.00% and an estimated monthly bill of $ 75.66.
  2. Diamond Electric- with a 6 monthly contract and Percentage discount of 10.00% and an estimated monthly bill of $ 81.06.
  3. Ohm Energy- with a 6 monthly contract and Percentage discount of 1.00% and an estimated monthly bill of $ 89.17.
  4. Sunseap Energy- with a 6 months contract and Percentage discount of 5.00% and an estimated monthly bill of $ 85.57.
  5. Union power- with a 6 monthly contract and Percentage discount of 10.00% and an estimated monthly bill of $ 81.06.
  6. Pacific Light Energy- with a 12 months contract and Percentage discount of 13.80% and an estimated monthly bill of $ 77.64.
  7. Best Electricity Supply- with a 12 months contract and Percentage discount of 1.00% and an estimated monthly bill of $ 89.17.
  8. Senoko Energy- with a 12-month contract and Percentage discount of 11.00% and an estimated monthly bill of $ 80.16.

Fixed Price plans

Fixed prices have to be paid for the period mentioned in the contract with the retailers:

  1. Geneco: with a 6months contract and a fixed price per kWh is $ 0.2200 with an estimated bill of $ 79.20.
  2. iSwitch: with a 6months contract and a fixed price per kWh is $ 0.2547 with an estimated bill of $ 91.69.
  3. Sembcorp: with a 6 months contract and a fixed price per kWh is $ 0.2250 with an estimated bill of $ 81.00.
  4. Keppel Electric: with a 12 months contract and a fixed price per kWh is $ 0.2218 with an estimated bill of $ 79.85.
  5. Ohm Energy: with a 12 months contract and a fixed price per kWh is $ 0.2573 with an estimated bill of $ 92.63.

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