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ihuazai What's the best electricity retailer to sign up for now?
I just switched from Geneco to Senoko after my contract with Genoco is up! Seems like the contract prices and promos are changing quite frequently, so post the good deals that u see at any one point in time here!
There's a current POSB rebate of $150 (till 31 Jul 2021)
Sidenote: I experimented with SP Wholesale for a few months too, but i only use around 200kwh per month, the savings from lower wholesale prices are lower than the signup bonuses from the different retailers, so i feel it's better to go with fixed price contracts from retailers plus the around $180 signup bonuses (for 2 year contract = around $7.50 additional discount per month)
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@ihuazai Agreed! The Open Electricity Marketplace is a good way for folks now to keep getting the best deals, which is great. You can also use DBS Utilities Marketplace to easily switch if you're a DBS/POSB customer via ibanking. One of our community managers made a swap to Tuas Power and she didn't even need to submit any forms during the request (plus the follow-up with Tuas was via a WhatsApp Business account, very convenient)
Gentle reminder that we do not allow the sharing of referral codes here as per our community guidelines, and have removed your personal referral code to be fair to everyone!
