The Open Electricity Market is an initiative by the Energy Market Authority (EMA) that allows you to enjoy more choices and flexibility when buying electricity.
With Open Electricity Market, you can benefit from competitive pricing and innovative offers from retailers.
What You Need To Know About Open Electricity
- With Open Electricity Market, you can switch
to a 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 as you do today and switch to a retailer at any time in
the future. There is no deadline for switching to a retailer.
- Buying electricity from a retailer does
not affect your electricity supply. This is because SP Group will continue
to operate the national power grid and deliver electricity to everyone.
- If you are eligible for U-Save rebates,
you will still be able to use them to offset your electricity bill after
switching to a retailer.
- Check out the participating
retailers here and compare their standard price plans
using our Price Comparison Tool. If you choose to switch to a
retailer, the retailer that you sign up with will work with SP Group to
make the switch for you.
The nationwide launch of Open Electricity Market was rolled out progressively in four geographical zones.
||Postal Codes Starting With...
||58 - 78*
||1 November 2018
||53 - 57, 79 - 80, 82 - 83
||1 January 2019
||34 - 52, 81
||1 March 2019
||01 - 33
||1 May 2019
*Consumers with postal codes starting with 60-64 have been able to buy from a retailer since 1 April 2018.
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