Have you heard about the Open Electricity Market (OEM) in Singapore? The second phase of districts for postal codes beginning with 58 – 78 has begun on 1st Nov 2018. In this post, we have zoomed in on the best fixed plan (CAA till 2359hrs of 1st Nov 2018). The current rate stands at 16.95¢ per kWh (w/o GST) or 18.14¢ per kWh (with GST) for a 24-month contract, which isn’t the lowest rate, but YourPasar has done the calculations and you do actually save more due to the perk of having the second month of billing off!
Ohm: Consumption of 500kWh per month @ 18.14¢ per kWh
Geneco: Consumption of 500kWh per month @ 17.98¢ per kWh
Geneco’s total savings @ $0.80/month over 24 months = $19.20
But Ohm trumps it all with the free second month billing (potentially saving you at least $90 based on 500kWh consumption) when you sign up. What’s more, you get to enjoy $20 referral credits when you use our referral code.
Use our referral code here: OHMREF810CBE to enjoy $20 credits to your next bill!