Top Electricity Suppliers in Singapore

Open Electricity Market (OEM): What Electricity Retailer Offers Lowest Charges within Singapore?

Electricity Tariffs within Singapore (Jan until Mar Updated 2021)

Electricity tariffs are going down from 21.43 cents to 20.76 cents per kilowatt-hour (kWh), dropping over around 3.2% in contrast to past October to December period.

Alternatively, 22.21 cents per kWh suppose you seek to include additionally the 7% GST.

To simplify this, this implies that if one lives within a 4-room HDB unit: One may project one’s median monthly charges to drop by $2.39, excluding GST.

This sounds beneficial, helpful.

Many remain positively assured that the Open Electricity Market (OEM) could be lowering the charges proportionately in tandem, that guarantees lower electricity charges.

Top Electricity Suppliers in Singapore

Senoko Top Electricity Suppliers in Singapore

Electricity Supplier

Senoko Energy

Specialty

Senoko Energy has provided energy to generations of Singaporeans since 1977. As a pioneer in power generation and energy solutions, they have played an instrumental role in powering the nation through its developing years. Since then, they have evolved to offer electricity supply, natural gas, advanced energy solutions, tank leasing.

Services: Energy expertise, power generation, energy solutions, efficient energy, electricity supply

Pricing

Request a quotation: [email protected]

Website

https://www.senokoenergy.com/

Address

31 Senoko Rd, Singapore 758103

Telephone

+65 6750 0000

Opening hours

9.30 am to 6.30 pm

 


Geneco Top Electricity Suppliers in Singapore

Electricity Supplier

Geneco

Specialty

Geneco is Seraya Energy’s retail energy brand. Our “Power to Empower” manifesto stems from the United Kingdom, where Geneco UK – part of the wider YTL Group of companies – has been acclaimed for its work in recycling and renewable energy. They are exploring ways to bring clean energy to more homes.

Services: Electricity Plans, No hidden charges, retail energy brand, renewable energy, clean energy

Pricing

Request a quotation: [email protected]

Website

https://www.geneco.sg/

Address

450 Alexandra Rd, #01-01, Singapore 119960

Telephone

+65-6363 6677

Opening hours

9 am to 5.30 pm

 


Sembcorp Top Electricity Suppliers in Singapore

Electricity Supplier

Sembcorp

Specialty

Over the last 15 years, they have powered businesses both large and small in Singapore. The beginning of their utilities business dates to 1995, when they made first utilities investment in Singapore. Overall, they were key to the success of Jurong Island as one of the world’s leading energy hubs.

Services: Integrated energy player, global energy transition, energy and utilities value chain, energy-from-waste, renewable energy

Pricing

Request a quotation: [email protected]

Website

https://www.sembcorppower.com/

Address

30 Hill Street, #02-01, S(179360)

Telephone

+65 6727 8833

Opening hours

9 am to 5 pm

 


Silver Cloud Top Electricity Suppliers in Singapore

Electricity Supplier

Silver Cloud Energy

Specialty

SilverCloud Energy has obtained the Retailer License from Energy Market Authority of Singapore (EMA), retailing electricity to commercial buildings, industrial buildings, residential buildings, other electricity end users in Singapore. They will study the electricity consumption and load profile of the consumer and work out the most suitable electricity tariff package.

Services: Electricity supply, electricity retail, clean energy, solar system, electricity meters

Pricing

Request a quotation:  [email protected]

Website

https://www.silvercloud-energy.com/

Address

100 Lorong 23 Geylang #02-02, D’Centennial Building, Singapore 388398

Telephone

+65 9752 1835

Opening hours

9 am to 6 pm

 


Best Electricity Top Electricity Suppliers in Singapore

Electricity Supplier

Best Electricity

Specialty

 On 21 September this year, the Energy Market Authority announced the Open Electricity Market initiative. This means that from November this year, all 1.4 million electricity consumers in Singapore will have the option of choosing their preferred electricity price plans from as many as 12 retailers. Switch to Best Electricity!

Services: Electricity supply, preferred electricity price plans, Home Saver electricity plan. SRLP meter, AMI meter

Pricing

Request a quotation: [email protected]

Website

https://bestelectricity.com.sg/

Address

5 Benoi Place Singapore 629926

Telephone

+65-6898 2020

Opening hours

9.30 am to 6.30 pm

 


iSwitch Top Electricity Suppliers in Singapore

Electricity Supplier

iSwitch

Specialty

iSwitch is an electricity retailer licensed by the Energy Market Authority (“EMA”) to serve the market. Their goal is to empower consumer choice—to give you more options to better manage your energy costs. They have developed a suite of Price Plans. Each iSwitch plan offers different levels of flexibility.

Services: Electricity retailer, Singapore Electricity Promotions, Open Electricity Market (OEM) promotions, reliable electricity supply, Green Certified Electricity

Pricing

Request a quotation: [email protected]

Website

https://iswitch.com.sg/

Address

120, Robinson Rd, #14-01 Parakou Building, 068913

Telephone

+65-6955 9900

Opening hours

9 am to 5.30 pm

 

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Tuas Power Top Electricity Suppliers in Singapore

Electricity Supplier

Tuas Power

Specialty

Tuas Power Generates and Retails Energy. Incorporated in March 1995, Tuas Power today is one of Singapore’s leading power generation companies and key provider of energy solutions, multi-utilities, and environmental services. Tuas Power provides a range of electricity solutions to help customers manage fluctuating wholesale electricity prices, match energy requirements.

Services: Electricity solutions, energy requirements, electricity contracts, power generation, electricity-related services

Pricing

Request a quotation: [email protected]sg

Website

https://savewithtuas.com/

Address

11-09 Somerset Rd, Singapore 238164

Telephone

+65-6838 6888

Opening hours

8.30 am to 6 pm

 


Pacific Light Top Electricity Suppliers in Singapore

Electricity Supplier

Pacific Light

Specialty

PacificLight is an electricity power generator, retailer in Singapore. Since 2013, they have been helping Singaporean consumers effectively, simply manage their energy needs. PacificLight is an electricity power generator and retailer committed to helping our customers effectively and simply manage their energy needs. Their power plant works round the clock.

Services: Electricity power generator, energy needs, power plant, sustainable electricity, electricity retailing

Pricing

Request a quotation: [email protected]

Website

https://pacificlight.com.sg/

Address

8 Jurong Town Hall, #12-01/06 The JTC Summit, Singapore 609434

Telephone

+65- 6266 1188

Opening hours

9 am to 6 pm

 


Union Power Top Electricity Suppliers in Singapore

Electricity Supplier

Union Power

Specialty

At Union Power, they recognise that there is more than just providing pricing options; it is also about providing a great experience. Union Power Pte Ltd is an Electricity Retailer, licensed by Energy Market Authority (EMA) and a member of Union Energy Group (UEG). They believe in achieving sustainable success.

Services: Electricity Retailer, manage energy costs, Electricity Supply, lower electricity bills, Power UP plan

Pricing

Request a quotation: [email protected]

Website

https://www.unionpower.com.sg/

Address

25 Genting Road, #07-01, Union Energy Group Building Singapore 349482

Telephone

(+65) 6858 5555

Opening hours

9 am to 6 pm

 


OHM Top Electricity Suppliers in Singapore

Electricity Supplier

Ohm

Specialty

Ohm is not just another power provider. They believe having electricity should be easy. It should not be expensive. That is why they have made things low-cost. You see, with them, you take charge of your electricity needs. Using their simple online tools, you can better manage your energy supply.

Services: Power provider, energy supply, electricity needs, lower power bills, lower utility bills

Pricing

Request a quotation: [email protected]

Website

https://ohm.sg/

Address

78 Shenton Way #16-02 Singapore, Singapore 079120

Telephone

+1800 835 6463

Opening hours

9 am to 6 pm

 


Diamond Electric Top Electricity Suppliers in Singapore

Electricity Supplier

Diamond Electric

Specialty

Diamond Electric is retailing electricity under Diamond Energy Merchants Pte Ltd retail licence issued by the Energy Market Authority (EMA). Diamond Electric is an established smart energy solutions provider in Singapore since 2006. They use their expertise in technology to make electricity affordable and accessible to all homes and businesses.

Services: Electricity provider, affordable electricity, retailing electricity, smart energy solutions, Sustainability

Pricing

Request a quotation:  [email protected]

Website

https://www.diamond-electric.com.sg/

Address

1 Cleantech Loop, #02-07, Singapore 637141

Telephone

+65-6342 6663

Opening hours

9 am to 5 pm

 


Schneider Top Electricity Suppliers in Singapore

Electricity Supplier

Schneider Electric

Specialty

At Schneider, they believe access to energy and digital is a basic human right. They empower all to make the most of their energy and resources, ensuring Life Is On everywhere, for everyone, at every moment. They provide energy, automation digital solutions for efficiency, sustainability. They offer world-leading energy solutions.

Services: Access to energy, home energy management systems, electric utilities, Electrical Car Charging, Power Monitoring

Pricing

Request a quotation: [email protected]

Website

https://www.se.com/

Address

50 Kallang Ave, Level 9, Singapore 339505

Telephone

+65-64802111

Opening hours

8.30 am to 5.30 pm

 


SP Group Top Electricity Suppliers in Singapore

Electricity Supplier

SP Power

Specialty

SP Group (SP) is a leading energy utilities company in Asia Pacific. Singapore Power (SP) is committed to delivering world-class electricity, gas network performance and superior market support services in Singapore, Australia. More than 1.6 million industrial, commercial, and residential customers in Singapore benefit from SP’s world-class transmission, energy distribution.

Services: Energy utilities company, electricity, gas network, electricity and gas transmission, world-class electricity

Pricing

Request a quotation: [email protected]

Website

https://www.facebook.com/SPGroupSG/

Address

2 Kallang Sector, Singapore 349277

Telephone

+65-69168888

Opening hours

8.30 am to 6 pm

 


Keppel Electric Top Electricity Suppliers in Singapore

Electricity Supplier

Keppel Electric

Specialty

As Singapore’s first home grown electricity retailer, Keppel Electric has 21 years of experience in powering Singapore’s electricity grid. They have served over 30,000 satisfied clients including multinational companies, small and medium sized enterprises, government bodies and residential consumers. With Open Electricity Market, they extend reliable power utilities to you.

Services: Electricity retailer, power utilities, electricity grid, electricity supply, power plans

Pricing

Request a quotation: [email protected]

Website

https://www.keppelelectric.com/

Address

1 Harbourfront Ave, #06-03 Keppel Bay Tower, Singapore 098632

Telephone

+65- 6803 3000

Opening hours

9 am to 5.30 pm

 


Just Electric Top Electricity Suppliers in Singapore

Electricity Supplier

Just Electric

Specialty

Singapore has progressively opened the retail electricity market to competition to give consumers more options to manage their energy cost. Instead of buying electricity at the regulated tariff from SP Services (SPS), eligible consumers can choose to: Switch to become a contestable consumer to buy energy from an electricity retailer.

Services: Electricity Retail Plans, fixed energy rate, tariff discounted plan, regulated tariff rates, dual tiered plan

Pricing

Request a quotation:[email protected]

Website

http://www.just-electric.org/

Address

#05-14 Atrix, 388409, 82 Lor 23 Geylang

Email contact

[email protected]

Opening hours

24/7

 


Sunseap Top Electricity Suppliers in Singapore

Electricity Supplier

Sunseap Group

Specialty

Sunseap Group is the leading clean energy solutions provider in Singapore specializing in Solar PPA, offsite clean energy supply, EPC and O&M solar PV solutions, demand-side management, energy efficiency and more. SUSTAINABILITY. Contribute to decarbonization in countries where they operate. INNOVATION: Drive adoption of innovation across clean energy value chain

Services: Clean energy, renewable energy, green energy, carbon neutrality, sustainability

Pricing

Request a quotation: [email protected]

Website

https://www.sunseap.com/

Address

2 Boon Leat Terrace #03-04, #04-03, #04-04 Singapore 119844

Telephone

+65 6255 5623

Opening hours

9 am to 6 pm

 


SinEnergy Top Electricity Suppliers in Singapore

Electricity Supplier

Sinenergy

Specialty

Sinenergy Pte Ltd is a Singapore-based company that taps into renewable energy, converting it into a viable power source. With support from parent group & business partners from other Asian countries, they bring you an unparalleled experience in designing and installation. They strive to create cost effective solutions with efficiency.

Services: Solar Developer, renewable energy, power source, solar power, solar projects

Pricing

Request a quotation: [email protected]

Website

https://sinenergy.com.sg/

Address

19, Tuas Avenue 20 Singapore, Singapore 638830

Telephone

+65-6515 6116

Opening hours

8.30 am to 5.30 pm

 


Lysenergy Top Electricity Suppliers in Singapore

Electricity Supplier

LYS Energy Group

Specialty

LYS Energy Group is the leading Singapore home-grown Solar Independent Power Producer (IPP) that builds, owns, and operates Solar PV Systems for Commercial, Industrial and Public sites in the Asia Pacific region. The company provides Asia’s trusted Renewable Energy platform offering hassle-free end-to-end clean energy solutions for businesses, renewable energy.

Services: Clean and green energy, sustainability, solar energy, Solar PV Systems, Renewable Energy platform

Pricing

Request a quotation: [email protected]

Website

https://www.lysenergy.com/

Address

232A South Bridge Road Singapore 058781

Telephone

+65-6610 4534

Opening hours

9 am to 6 pm

 


DLRE Top Electricity Suppliers in Singapore

Electricity Supplier

DLRE

Specialty

Efficient energy solutions form part of a wider electrification system for municipals, institutions and governments across the Asia Pacific and Indian Ocean regions. They offer a suite of integrated customised design, engineering, procurement, construction, installation, and commissioning services for renewable energy systems to serve the needs of communities and corporations.

Services: Solar photovoltaic (PV) generators, wind turbine, Pulau Ubin Micro-grid Test Bed, wind farms

Pricing

Request a quotation: [email protected]

Website

https://dailylife.com.sg/

Address

64 Syed Alwi Road, Singapore 207643

Telephone

+65 6295 2522

Opening hours

8.30 am to 5.30 pm.

 


SGS Top Electricity Suppliers in Singapore

Electricity Supplier

SGS

Specialty

Renewable energy is one of the world’s hottest topics. It comprises alternative energy and sustainable energy companies, including those involved in hydroelectric power, wind power, solar power generation, the manufacture, distribution, sale of alternative fuels. Their energy-related services can be used on a standalone basis or with existing working processes.

Services: Renewable energy, hydroelectric power, wind power, solar power generation, sustainable energy

Pricing

Request a quotation: [email protected]

Website

https://www.sgs.sg/

Address

3 Toh Tuck Link, Singapore 596228

Telephone

+65- 6379 0111

Opening hours

8.30 am to 6 pm

OEM: Concise Definition

Find assurance that the OEM allows one to switch to alternative electricity retailers, to cut costs for one’s electricity charges.

Cost-Friendly Set Price Plan

Contract Length For Fixed Price Plan 

Who provides the cheapest plan?

No Contract

PacificLight

6 Months 

iSwitch

1 Year 

Sunseap

2 Years

Union Power, Sunseap

3 Years

iSwitch

Cheapest Discount Off Regulated Tariff Plan

Contract Length For Discount Off Tariff Plan

Who provides the cheapest plan?

6 Months

iSwitch

1 Year

Tuas Power

2 Years

PacificLight, Sembcorp Power, Senoko Energy, Sunseap, Tuas Power, Union Power

Cheapest Peak And Off-Peak Plan

Peak and Off-Peak Plan

Who provides the cheapest plan?

Cheapest Peak and Off-Peak Price 

Peak: Sembcorp Power

Off-Peak: Keppel Electric

 

Open Electricity Market (OEM): A Concise Definition

From October 2017, the Electricity Market Authority (EMA) initially released the Open Electricity Market (OEM) initiative in some efforts to liberalize and spur innovation within the power market.

Further down to May 2019, every household within Singapore may opt to alternate from SP Group to alternative electricity supplier.

Electricity Price Comparison over Q1, 2021

Category 

Electricity Retailer & Plan Name Price

Duration

Cheapest overall plan

PacificLight “Confirm Save 12” S$16.63 (25.10% off)      12 mo.

Cheapest fixed price plan

Tuas “PowerFix 6 Care” S$16.71 6 mo.

Cheapest discounted plan 

PacificLight “Confirm Save 12”  S$16.63 (25.10% off)  12 mo.

Cheapest green plan

iSwitch “iSwitch2Green” S$16.70 6 mo.

Cheapest 100 % solar plan

Sunseap “SUNSEAP-100”  S$19.99 (10% off) 24 mo.

Best overall plan  

PacificLight “Confirm Save 12” S$16.63 (25.10% off) 12 mo.

 

Top Fixed Price Electricity Plans within Singapore

Fixed-price electricity plans remain an optimum choice for many who seek to set down the electricity rate or escape erratic variations of rate fluctuations.

Due to this, the median 6-month plan trends to turn as cheapest choice due to it being low-term assurance of set charges.

Over the 6-month plan Tuas Power bills the lowest charges, at 16.71 cents/kWh while Sunseap bills the lowest charges for 12-month plan, at 16.88 cents/kWh.

Suppose you seek to find a lock in rate for an extended interval, Sunseap or Union Power all provide the cheapest charges over 24-month plans at 17.60 cents/kWh and iSwitch offers the cheapest 36-month plan at 17.87 cents/kWh.

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From selecting such retailers, users may cut around 28% relative to SP Group’s charges, that spanning the period of many months could total to big savings.

Top Reduction from the Regulated Tariff Electricity Plans within Singapore

Other options from the fixed price plans remain plans that offer many discounts from the regulated tariff, that is now 22.21¢ per kWh.

As general rates provided from these plans often vary, these are constantly fixed under prevailing tariff rates, which could turn out cost-saving choices over intervals of reduced tariff rates.

Sunseap, PacificLight, Tuas & Union Power deliver the largest discounts from the tariff. Sunseap delivers 23.00% down from regulated tariff discounted rates to 6-month contracts (S$64.13), while PacificLight delivers 25.10% down from regulated tariff discounts to 12-month plans (S$62.38). To extended plans, Tuas or Union Power totally provide a parallel discounted rate of 23.60% down from regulated tariff (S$63.63).

As such retailers provide almost equal rates, one could discover that promotions will gradually amount to contrasts over a profitable plan and a competitive one. Sunseap, Tuas offers rebates for paying bills using one’s DBS, POSB, UOB, NTUC or Citibank cards.

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Top “No-Contract” Electricity Plans within Singapore

If you seek to find one electricity plan that provides the greatest flexibility, consequently a no-contract plan could be optimum for you.

Now, PacificLight Energy , Ohm Energy or Sembcorp Power provide the lowest rates.

These all charge rates that are much cheaper than prevailing median rates billed by alternative retailers, or alternately using the SP Group regulated tariff rate.

Retailer

Plan Name

Rate (per kWh)

Est. Bill

PacificLight Energy

Easy Peasy 16.86 cents/kWh (plus 33 cents daily fee) S$72.82

Ohm Energy

Simply Ohm 17.34 cents/kWh (monthly fee of S$10.70) S$75.72

Sembcorp Power

No Contract Plan 17.45 cents/kWh (+ 33 cents daily fee)   S$75.34

SP Group

Tariff Rate 22.21¢ S$83.29

* Estimated monthly bill based on 4-room HDB flat using 375 kWh           

Top Non-Standard Electricity Plan within Singapore

Suppose you perform more work over evenings rather than in daytime, some plans could assist to cut costs contingent upon timing taken using electricity.

Keppel Electric’s 24-month “Knight” plan provides 2 rates, during evening one may be billed 16.69¢ per kWh, or within the day 20.87¢ per kWh.

PacificLight Energy alternatively provides a parallel pricing structure, just that pricing is not set, rather there is discount down from regulated tariffs.

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General “Save while Sleeping” Plan is provided for both 12 or 24-month intervals, with same charges.

Within each day, it provides a 10% tariff discount and during evening a 35% tariff discount. 24-month plan benefit is many rebates provided generally.

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