Choosing Your Electricity Provider

Currently, businesses with an average monthly consumption of at least 2,000 kWh (equivalent to a monthly electricity bill of at least $400) are eligible to choose their electricity provider (i.e. become contestable). You can check if your business is eligible here.

If you are an eligible business consumer, you can add up your electricity usage across different locations in Singapore to meet the consumption threshold.

Starting 1 November 2018, Open Electricity Market will be extended to consumers across Singapore by zones. Check out the rollout schedule to find out when you can make the switch!

With the Open Electricity Market, you can choose to buy electricity from:
(a) [Existing] SP Group at the regulated tariff. No action is required if you choose this option.
(b) [New] An electricity retailer at a price plan that best meets your needs

It is not compulsory for you to switch to a retailer. You can continue to buy electricity from SP Group at the regulated tariff. Consumers who decide not to switch are termed as non-contestable consumers.

Your electricity supply will remain the same regardless of your choice of electricity retailer, as SP Group will continue to operate the national power grid to supply electricity to consumers.

Option Price of Electricity Who to buy from
Regulated Tariff Fixed every quarter SP Group
Electricity Retailer Depends on retail electricity package offered by retailers Starting 1 November 2018, Open Electricity Market will be extended to consumers across Singapore by zones. Consumers can choose to buy electricity from participating retailers in the nationwide launch of Open Electricity Market, as listed here.

Large business consumers can buy from any of the licensed retailers listed here
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