My Thoughts about Open Electricity Market (OEM) for Singapore Residential Market

[wontonmee]

sembcorp

Ok. Will just go for sembcorp.

 

[red amoeba]

Tuas power is ah Tiong one
Seraya is mudland
There is one with jap directors - I presume jap owned.

How ? We fattening the overseas companies ?

 

[rushifa666]

Now they want to sell hyflux to saudi again. What say you

 

[laksaboy]

Tuas power is ah Tiong one
Seraya is mudland
There is one with jap directors - I presume jap owned.

How ? We fattening the overseas companies ?

A good prostitute does not discriminate, every dick is welcome to fuck her for a price.

Similar to how Sinkieland allows other countries to 'invest'.

I won't be surprised if the prison system becomes privatised in future.

 

[wontonmee]

PAP has sold Singapore for their own millions. Song Song!

 

[laksaboy]

That explains why recently a lot of part-time youths are on the streets urging you to switch to a another electricity provider to save on your bills.

 

[3854101010]

Ya lo.. so scary suddenly so many electricity provider everywhere...

For those who have not switch, i suggest go google and read up some background on this...
Else later tio scam into signing up 2 / 3 yrs contract then GG..

1 of the good article i learn from is https://compoundingdividendxdividend.blogspot.com/2019/01/hottest-topic-open-electricity-market.html

 

[red amoeba]

It’s scary that there is now a plethora of suppliers - how big is our market ? It’s sustainable ? Fuelled by subsidies from EMA the market will consolidate when subsidies dried up. Then consumers will be screwed.

The fact that 22% off regulated price shows that we have been overcharged all this while. Bloody power generators ripping us off.

 

[laksaboy]

It’s scary that there is now a plethora of suppliers - how big is our market ? It’s sustainable ? Fuelled by subsidies from EMA the market will consolidate when subsidies dried up. Then consumers will be screwed.

The fact that 22% off regulated price shows that we have been overcharged all this while. Bloody power generators ripping us off.

Oops, blackout! Honest mistake, please use your candles and torchlights.

 

[rushifa666]

You are not getting it. If they can make a profit then that means power grid has been fucking the people for decades!

 

[laksaboy]

You are not getting it. If they can make a profit then that means power grid has been fucking the people for decades!

Surprised there isn't an 'electricity conservation tax', similar to the 'water conservation tax' to encourage Sinkies to reduce water consumption.

'Helping the poor' can be done in a variety of ways.

 

[Mark9999]

1 of the good article i learn from is https://compoundingdividendxdividend.blogspot.com/2019/01/hottest-topic-open-electricity-market.html

Thanks.!
Very good article.

Q: after 18months with TuasPower, and they increased prices, then how?

We merry-go-round again.!?


In the end, its: they win, we lose?

=

 

[rushifa666]

Its fixed rate. You dont want to be tied down too much. Price pf oil changes.

 

[3854101010]

Thanks.!
Very good article.

Q: after 18months with TuasPower, and they increased prices, then how?

We merry-go-round again.!?


In the end, its: they win, we lose?





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=

Then u sign up 36mths contract from the start :p :p

I think just like normal telco contract, you are free to jump to whoever offer you the best price

 

[Huatable]

Then u sign up 36mths contract from the start :p :p

I think just like normal telco contract, you are free to jump to whoever offer you the best price

Some contracts have no lock-in period.

Example
OHM has a contract without lock-in period with a $10.70 monthly fee called Simply Ohm + a standard 20-30% discount off prevailing SP rates.

 

[mahjongking]

I compared the prices of the OEM retailers. Chin Chin Chye Chye at least 20% discount off SP Power tariffs for floating rates and about 30% discount for fixed rates (because SP Power tariffs are expected to be adjusted slightly lower in 2019).

It set me thinking, SP Power made so much money from us all these years.

Then why so much bloody hassle? Why don't SP Powers just charge 20-30% cheaper for all residences?

 

[mahjongking]

I compared the prices of the OEM retailers. Chin Chin Chye Chye at least 20% discount off SP Power tariffs for floating rates and about 30% discount for fixed rates (because SP Power tariffs are expected to be adjusted slightly lower in 2019).

It set me thinking, SP Power made so much money from us all these years.

Worse of all, the old, uneducated, poor, wouldn't sign up with OEM retailers readily because it is a commercial contract with lock-in period or clauses.

Then why so much bloody hassle? Why don't SP Powers just charge 20-30% cheaper for all residences?

2 main points

SP power has been over charging the public 20-30 % God knows since when
i learned from the electricity providers staff that all of them have to pay SP power a certain sum of money (IDK the amt) in order to be a electricity provider

almost everything in spore is a SCAM

 

[laksaboy]

2 main points

SP power has been over charging the public 20-30 % God knows since when
i learned from the electricity providers staff that all of them have to pay SP power a certain sum of money (IDK the amt) in order to be a electricity provider

almost everything in spore is a SCAM

"Great bargain, great value for money, be grateful."

Water is also overpriced, water 'conservancy' tax is equivalent to the radio/tv license fee back in the day.