Save more, ponder less!
Here’s a breakdown on the savings one can get when switching electricity retailer. Savings are estimated based on an average S$50-S$100 monthly electricity bill
More savings when switching from SP Services to our retailers
Some of our Retailers offer a one time bill rebate for additional savings
More savings when switching from SP Services to our Retailers
A little goes a long way. Switch now to a preferred retailer for greater savings!
- 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 you.
- You can continue to buy electricity from SP Group at the regulated tariff. It is not compulsory for you to buy electricity from a retailer, and there is no deadline for you to switch to a retailer. You should take your time to understand your options before making a decision.
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There are two types of standard price plans:
- Fixed Price Plans are more suitable for consumers who prefer a constant electricity rate throughout the contract duration. However, the electricity rate may be higher or lower than the regulated tariff during the contract duration, as the regulated tariff is reviewed every quarter.
- Discount Off the Regulated Tariff Plans provide a fixed discount off the regulated tariff, but the electricity rates will change in tandem with the regulated tariff. These plans are more suitable for consumers who do not mind changes in electricity rates every quarter so long as it is lower than the regulated tariff.
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Before you sign up with a retailer:
- Ask for a Fact Sheet which summarises the key contractual terms of your preferred price plan (e.g. contract price, contract duration, security deposit, early termination charges and auto-renewal clauses).
- Read through the contract, and ask the retailer to explain the terms and conditions if you do not understand them.
- Keep a copy of the contract for your reference.
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For any dispute with your contracted retailer, you can approach the Consumers Association of
Singapore (CASE) for assistance.
www.case.org.sg
6100 0315 (Operating hours: Mon – Fri: 9am to 5pm)
I hereby acknowledge that I have read and understood the above Advisory before signing up with a retailer.
Switch electricity retailer today!
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Living in a with a
monthly electricity bill of
Edit
The current SP Services electricity Tariff (Q3 2020) is S$0.2097/kWh.
Savings amount is based on your selected average monthly electricity consumption with electricity tariff as of Q3 2020.
