Open-Electricity-Market-Full-Launch

Open Electricity Market Full Launch: Pay Less With iSwitch!

Have friends living in Jurong bragging about saving on their electric bill month after month?

Don’t worry! Very soon, from this November onwards, you will be able to lock in guaranteed savings on your electric bill too, no matter which part of Singapore that you stay in!

Since 2001, Singapore’s Energy Market Authority has been deregulating the electricity market in phases and since April of this year, residents in Jurong could choose between the different electricity retailers for the best plan in the market that suits their household.

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Bitcoins

Bitcoin Mining & Electricity

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!

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electric car

Is An Electric Car The Best Way To Go Green In The Lion City?

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.

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open electricity market

OEM: A World Of Benefits To The Consumer!

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).

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