The Open Electricity Market initiative has been in full swing for a few years already; if you've been too lazy to switch providers, remember: you can't procrastinate forever. This is your sign to choose your preferred electricity retailer in Singapore.
But now, there are many electricity retailers with published prices offering two standard pricing models… that means more than 20 electricity packages to compare. Naturally, there's some analysis paralysis…Step 1: Decide if you want a fixed rate plan or discount off the regulated tariff. Some retailers have non-standard plans as well.
There's an official OEM comparison tool which lets you easily estimate your electricity bills and compare providers. You just need to input your type of residence, average consumption, and preference for pricing models .