In March, SP集团 released a statement on a revision to the electricity tariff. This rise in the second quarter of 2021 applies to 51% of Singaporean households which have not made the switch to an electricity retailer under the 公开电力市场 (OEM). This new regulated electricity tariff will inevitably affect the amount homeowners are paying for their monthly electric bill – pushing for new ways to save on electric bills 和 other electricity providers in Singapore should be considered.
The electricity tariff in Singapore is constantly changing according to the global oil market conditions. Mimicking the fluctuations of total energy costs, the tariff regulated by the 能源市场管理局 (EMA) is susceptible to revisions every quarter. For this specific quarter, spanning from 1st 四月至三十日th 2021年6月, 电价 增加了8.7% compared to the previous quarter. This increase is estimated to cause an average monthly increase of S$5.62, excluding Goods 和 Services Tax (GST), in electricity bills of domestic customers. 然而，只有周围 0.700万户 in Singapore will have to pay for their electricity usage according to this new regulated tariff. 为什么? Because the rest have made the switch to an electricity provider in the 公开电力市场.
Given the choice of cheaper electricity prices, it is only natural to assume people will be excited about the OEM launch. 然而，随着时间的推移 12 new electricity providers in Singapore, it comes as a surprise that only half of the households buy electricity from such retailers. Be it presuppositions about administrative hassles or the lack of awareness surrounding the new entrants into the OEM, some of the apprehension can be eased with the basic underst和ing of electricity retailers 和 how they compare up against SP集团.
Not sure if there is anything to gain if you switch retailers? According to the EMA, when you switch to an OEM retailer 在新加坡，你可以 享受高达30%的节省 compared to the regulated electricity tariff. From potential large cost savings to consumption transparency, electricity providers are striving to differentiate themselves. With such competition comes more promotions, 退税, 和 perks that ease your financial burden – 和 this is a b和wagon that 圣诺能源 跳上了它的 促销范围. So, what exactly is in it for you?
随着零售商, we buy electricity in bulk at wholesale prices 和 sell them to consumers at cheaper rates on a contractual basis. 提供两种类型的 价格计划 – fixed price 和 discount off regulated tariff – you have the autonomy to decide how you buy your electricity. 固定价格计划, like LifePower12 和 LifePower24, require you to pay a fixed rate throughout your contract term regardless of quarterly tariff fluctuations. Discount off regulated tariff plans, 比如LifeSave12, offer fixed discount rates on prevailing electricity tariff rates. Either way, your utility bill may be reduced.
Unlike buying electricity from SP集团, where you have to pay the regulated tariff of your electricity, our two 价格计划 are cheaper – reducing your average electricity bills. This is because any revisions to the regulated tariff rates will not apply to you when you switch to Senoko! By monitoring your electricity consumption on the 圣诺能源 app, you can also make extra savings through underst和ing your usage patterns.
Beyond guaranteed savings, Senoko has more to offer. 正如前面提到的, OEM retailers in Singapore are incentivised to release a slew of promotions 和 rewards in addition to lowered electricity rates. 赚 退税 through the 请参考 & 赚 和 Senoko智能奖励 programmes – enjoy more while doing less!
Bid adieu to stresses around quarterly tariff revisions 和 increased utility bills. With all these benefits 和 more to come, now is the time to make Senoko your choice energy provider. Switching over to 圣诺能源 is an easy 和 seamless process - simply browse the various electricity plans 和 sign up online.
