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My Thoughts about Open Electricity Market (OEM) for Singapore Residential Market
- Thread starter Huatable
- Start date
Nothing wrong with making more money! Too much you can still give rebates! People will praise the garmen for economy doing well give back and help the poor!
Just a handful of the retailers got penalty clause if you sell house.
Most allow (almost free) transfer of contract to your new premises.
Singapore Power makes almost $1bn annually in the past decade.
A few thousand dollars per voter annually.
https://www.theonlinecitizen.com/20...13-years-under-the-electricity-tariff-formula
Nothing wrong with making more money! Too much you can still give rebates! People will praise the garmen for economy doing well give back and help the poor!
Most of the poor or lower educated elders can only Singapore Power and wait for hand outs, because some are already owing utilities bills or unable handle the contract's terms and conditions.
THAT is the single question that they refuse to answer. One can only guess that by spreading out to cronies and GLCs, their financial performance will be enhanced, accompanied by the "usual" fantistico "performance" bonuses.
Singtel enters electricity reselling business with Singtel Power, promising up to 30% cheaper power bills
https://www.google.com/url?sa=t&sou...BEAg&usg=AOvVaw3gS1mGJLZT7rx309BiVYQx&cf=1
https://www.google.com/url?sa=t&sou...BEAg&usg=AOvVaw3gS1mGJLZT7rx309BiVYQx&cf=1
Almost every retailer offers 30% off existing SP tariffs with 2 years plan.
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Gk and google how much oik has dropped. ALL of them are ripping you off
Spent the morning researching on this OEM.
Really must switch out n can save 20-30% mthly
Recommend to read the below link:
1) https://compoundingdividendxdividend.blogspot.com/2019/01/hottest-topic-open-electricity-market.html
2) https://dollarsandsense.sg/complete-guide-choosing-cheapest-open-electricity-market-retailer/
3) https://blog.seedly.sg/electricity-retailer-comparison-cheapest-in-singapore/
Really must switch out n can save 20-30% mthly
Recommend to read the below link:
1) https://compoundingdividendxdividend.blogspot.com/2019/01/hottest-topic-open-electricity-market.html
2) https://dollarsandsense.sg/complete-guide-choosing-cheapest-open-electricity-market-retailer/
3) https://blog.seedly.sg/electricity-retailer-comparison-cheapest-in-singapore/
If you do the abv + stay with Singapore Power, maybe you can save 20%..
However, if you do the abv + switch to new electricity retailers, maybe you can save 20% + another 20% (due to lower rate per kwh)
Yes live like a miser. Because thats what defines first world. No other place charges more for utilities. Not even japan
I'm thinking more on reducing carbon footprint, I'm joining the local cycling club!
If you do the abv + stay with Singapore Power, maybe you can save 20%..
However, if you do the abv + switch to new electricity retailers, maybe you can save 20% + another 20% (due to lower rate per kwh)
Blimey! I'm gonna do my sums now!
Ya lo.. SP Group really chop us gao gao
sembcorp
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