Choosing Your Electricity Retailer
With the Open Electricity Market, you can choose to buy electricity from:
(a) SP Group at the regulated tariff. No action is required if you choose this option.
(b) An electricity retailer at a price plan that best meets your needs;
(c) Wholesale electricity market at half-hourly wholesale electricity prices through SP Group.
It is not compulsory for you to switch to a retailer and there is no deadline to switching.
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 delivery electricity to everyone.
||Price of Electricity
||Who to buy from
||Fixed every quarter
||Depends on retail electricity package offered by retailers
||View the list of participating retailers here.
|Wholesale Electricity Market
||Half-hourly wholesale electricity prices*
*This purchase option is riskier as the electricity price is uncertain and potentially volatile. The wholesale electricity price fluctuates every half-hourly, depending on market demand and supply conditions.
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