6 Best Companies for electricity plans in Singapore 2024

Electricity Plan Singapore

Singapore electricity consumers now have more options for Electricity Plan Singapore with an open electricity market initiative. But before choosing an OEM retailer, you need to understand how quarterly tariff prices are set by SP Power & what factors contribute to price fluctuations. In Singapore, the Government regulates rates & prices, so there is not much competition among providers. But when you choose your electricity retailer, you do not always go for the low-priced option; also consider other factors, such as credit card rebates, referrals, etc. So today, in this blog, we will discuss Singapore’s 6 Best Companies for electricity plans.

cheap electricity plans

The best company for electricity plans
Services
Affordability
Total Score
Keppel Electric
8.5/10
8.5/10
8.5/10
Tuas Power Supply
9/10
9/10
9/10
Senoko Energy
9.5/10
9/10
9.25/10
Sembcorp Power Pte Ltd
9/10
8.5/10
8.75/10
Pacific Light Energy Pte Ltd.
8.5/10
8.5/10
8.5/10
Geneco
9.5/10
9.5/10
9.5/10

Keppel Electric

 

Keppel Electric

Keppel Electric is committed to providing competitive electricity plans to you, with 20 years of experience in powering Singapore. They give you better electricity rates to start saving with them. Their price plans are:

FIXED 24-24 Months: the estimated monthly bill is $132. 25

FIXED 12- 12 MONTHS: the estimated monthly bill is $132. 25

EcoGreen24- 24 Months: the estimated monthly bill is $ 152.82

EcoGreen12- 12 Months: the estimated monthly bill is $ 152.82

Address: 1 Harbourfront Ave, #06-03 Keppel Bay Tower, Singapore 098632

Contact:  +65 6803 3000

Working Hours: Mon-Fri: 9 am-5:30 pm (Sat, Sun: Closed)

Tuas Power Supply

 

Tuas Power Supply

Tuas Power today is one of Singapore’s leading power generation companies & key providers of energy solutions, multi utilities & environmental services. Their Electricity plans are: $0.3217 per kWh (with GST) PowerFIX 12(12 Months), PowerFIX 18(18 Months), PowerFIX 24(24 Months). You get their promotions when you sign up for any plan; you can enjoy a fixed electricity rate, Sign up online using a referral code to enjoy an additional $20 bill rebate or get up to 3% cash rebates on your monthly electricity bill with POSB everyday card and 4.33% cashback when you set up a recurring payment for your Singapore power utilities bill with UOB one credit card. Tuas power supply provides one of the best electricity plans in Singapore.

Address: 11-09 Somerset Rd, Singapore 238164

Contact:  +65 6838 6888

Working Hours: Mon-Fri: 8:30 am-6 pm

Senoko Energy

 

Senoko Energy

As a leading homegrown retailer, they have been delivering safe, innovative & efficient energy to homes & businesses since 1977. Their electricity price plans are: The current SP group’s regulated electricity tariff for Q3 2022 is 32.28¢/kWh (inc.GST). LifePower24-24 months plan 31.30¢/kWh, LifePower12-12 months plan 31.60¢/kWh, LifeGreen 24-24 months plan- 31.73¢/kWh. Their latest promotions are: use the promo code YEAH60 to get a $60 bill rebate on any 24-month plan, Be rewarded with a $20 rebate when you set up recurring bill payments with UOB cards, and so on. 

Address: 31 Senoko Rd, Singapore 758103

Contact:  +65 6750 0000

Working Hours: Mon-Fri: 8:30 am-5:30 pm

Sembcorp Power Pte Ltd

 

Sembcorp Power Pte Ltd

Sembcorp Industries is a leading energy & urban solutions provider. Its objective is to transform its portfolio towards a greener future & be a leading provider of sustainable solutions. All their price plans are greener & based on metered consumption. Their electricity price plans are Fixed price plan 12 months- 32.26c/kWh(w/GST)- $20 bill rebate with Citi credit cards, $20 referral rebate with each successful referral, 12M SUNSHINE PLAN 12 months – 36.26c/kWh(w/GST)- Get $ 20 bill rebate, additional $20 bill rebate with HSBC Credit Cards, $20 referral rebate with each successful referral. 

Address: 30 Hill St, Singapore 179360

Contact:  +65 6727 8833

Working Hours: Mon-Fri: 9 am-5 pm

Pacific Light Energy Pte Ltd.

 

Pacific Light Energy Pte Ltd.

Pacific Light Energy Pte Ltd. The power plant works 24 hours a day, 365 days a year & is capable of powering over 1,000,000 Singapore households. They deliver reliable & sustainable electricity that meets stringent environmental emission standards. Their electricity plans for the home: EASY PEASY- No Contract 29.68¢/kWh + 50¢ daily charge, SAVVY SAVER 12 months- 32.09¢/kWh, SUNNY SIDE-UP 12 months- 32.09¢/kWh, SAVVY SAVER 24 months- 31.68¢/kWh, STACK IT UP 24 months- 32.48¢/kWh, SAVE WHILE SLEEPING 24 months- 24.61¢/kWh.

They also offer competitively priced electricity for your business: BUDGET PLANNER- Fixed-rate plan, VALUE SAVER- Regulated Tariff Indexed plan, ENERGY OPTIMISER- Full indexed plan, ENERGY MAXIMISER- pool indexed plan. 

Address: The JTC Summit, 8 Jurong Town Hall Rd, #12-01/06, Singapore 609434

Contact: +65 6266 1188

Working Hours: Mon-Fri: 9 am-6 pm

Geneco

 

No hidden charges or monthly administration fees. They receive numerous awards for outstanding customer service. Their electricity price plans- Price Match Guarantee: Get It Fixed 24-24 months- 31.30¢/kWh(inc. GST) Grab $50 bill rebate, Super Low Fixed Rate: Get It Fixed 12- 12 months- 31.60¢/kWh(inc. GST), Lowest Rate In Town: Give us a try- 6 months- 32.00¢/kWh(inc. GST). Their promotions- enjoy 3% cash rebates with POSB everyday card, get a $ 30 additional bill rebate with OCBC cards, and up to S$30 additional rebate with Citi credit cards & so on.

Address:  450 Alexandra Rd, #01-01, Singapore 119960

Contact:  +65 6363 6677

Working Hours: Mon-Fri: 9 am-5:30 pm

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