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.
From 1 April 2018, households and small businesses in Jurong (with postal codes starting with 60, 61, 62, 63 or 64) are eligible to choose who they wish to buy electricity from. They do not need to meet the consumption threshold to qualify.
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.
You will continue to enjoy the same reliable electricity supply regardless of your choice of electricity retailer, as SP Group will continue to operate the national power grid to supply electricity to consumers.
||Price of Electricity
||Who to buy from
||Fixed every quarter
||Depends on retail electricity package offered by retailers
||Households and small businesses (with postal codes starting with 60, 61, 62, 63 or 64) in Jurong can buy only from retailers which are participating in the soft 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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