Have friends living in Jurong bragging about saving on their electric bill month after month? Don’t worry! As of 1st May 2019, all households in Singapore are able to switch to iSwitch and enjoy savings on their electricity bill.
So you have gone through the long process of choosing your dream HDB flat, handling your finances and collecting the keys to your BTO flat but the journey hasn’t ended yet.
While you might be feeling like relaxing and taking a mini-holiday, don’t! Ensuring a smooth transition to your new home is just as important to reduce not just stress but your costs as well.
The market has gone through a rollercoaster ride since the beginning of the month with news sentiments swinging prices although it is largely down month to date.
Oil rally has been blunted significantly after announcement of OPEC meeting and trade tariffs between China and US
Crazy Energy Uses You Probably Haven’t Realised!
It’s 2018 and most of us today probably have heard of cryptocurrencies and especially bitcoin. From its peak price of around $14,000 a coin to the underlying blockchain technology behind it, the world is buzzing with excitement on how it’s adoption could change the world as we know it!
We all have heard about them, know someone who owns one and we have probably ridden in one before – we are talking about electric cars of course! While we are hearing new breakthroughs and swifter models almost every single year, 100% electric cars really only began showing up from 2010 onwards with the Nissan Leaf being the world’s first major manufactured fully electric vehicle.
Smart Walls Are Coming
Sit back and gear up! While the world is becoming increasingly more connected with the internet being connected to almost every appliance we have from our phones to even the fridge and door-bells, nothing could be more exciting than the latest innovation in smart wall technology that could very well change the way we live at home forever.
Before electricity deregulation, consumers only had one option when it came to getting their energy supply; the local utility, there wasn’t any other choice. While this made things relatively simple, it could foster a rather monopolistic marketplace. Bo swee right!
That’s why since 2001, Singapore’s Energy Market Authority has been deregulating the electricity market in phases starting with businesses and from April 2018, consumers can now choose between different electricity retailers for the best electricity plan in the market at the launch of Open Electricity Market (OEM).
1st April 2018 saw the soft launch of the Open Electricity Market in Singapore ushering in a new age of competitiveness, lower prices and new retailers competing hard for your money! While it might seem overwhelming with the various price plans in the market with different labels, it all really boils down to three types of plans which are very different from each other.