(updated on 30 Sep 2021) Note: The SP Group has increased the electricity tariff for this current quarter from Oct to Dec 2021 at 24.11 cents kWh (before GST). One retailer Tuas Power Supply offers a low rate of 21.03 cents kWh, which is 13% lower than the SP tariff. The question on everybody's lips is: how much can I really save when I switch my electricity supply from the current SP Group to any of the 11 licensed electricity retailers? The Facts First T he Energy Market Authority (EMA) has, since April 2017, been progressively opening up the retail electricity market, referred to as the Open Electricity Market (OEM). The purpose is to bring about competitive pricing for the benefit of all consumers. NOW THE WHOLE SINGAPORE IS OPEN. From 1 May 2019 onwards, everyone is eligible to switch as the market is now fully opened for all. Reason To Switch: Save Money You save guaranteed and confirmed 16% if you opt for the Discount over Tariff, which gives 1
by Andy Ng at www.asiatrainers.com (Sales & Management Training) Tel: 65-93672286 Email: andythecoach@gmail.com