You’ve seen all your friends slash their electricity bills by a significant amount. You are hyped for the Open Electricity Market (OEM), and you are now ready to make the switch yourself!
Before you make the switch, brace yourself for the rollercoaster of emotions you’ll be facing.
Here’s our best guess on the ten emotions of switching to an electricity retailer. Read More
With the capacity of renewable energy outpacing fossil fuel and nuclear power, renewable energy is officially the next big thing.
As heatwaves and wildfires sweep the globe in 2019, people are becoming aware of climate change and the need to embrace sustainability.
Led by China, the US, Japan, and India, the renewable energy sector is growing, and with it, there has been a growing demand for sustainable energy professionals.
Are you looking to enter renewable energy?
Here are the main types of renewable energy and four career roles you should be aware of!
In Singapore, the climate is always warm and tropical. Save escaping overseas in the winter months, turning on the air-conditioner is the only way to beat the heat at home.
However, having the aircon turned on 24 hours a day can take a toll on your wallet (up to 36.7% of your electricity bill!). It may be time to consider a more eco-friendly and wallet-friendly option – the fan!
In this article, we will compare the costs of using an aircon versus a fan and help you decide which is best for your wallet and comfort. Read More
There are a few reasons why your bill may seem a little higher. But first, did you know your consumption is estimated?
When you switch to iSwitch, there is no change in the meter, SP Group will remain responsible for the meter reading. Your meter is read once every 2 months and the consumption is estimated when it not read by meter reader from SP Group.
Should there be any over-estimation / under-estimation of consumptions made for the previous bill, it will be reflected as adjustments in the next bill (actual meter reading month).
Which means if your bill’s consumption seems a little high / low due to over-estimation / under-estimation for the current month, there is no need for worry – the adjustment is made on the following actual meter reading month.
Here is a graph to explain further.
Regulated tariff for electricity by SP Group can decrease or increase quarterly according to the market conditions and oil prices, which is why if you are on a Discount Off Tariff (DOT) plan, your electricity’s price rate will also decrease or increase accordingly.
For example, 2019 Q3 tariff recently reached a historic high at 24.22 cents per kWh, increased by 6.3% for 1st July – 30 September 2019. To read our latest oil market review please click here.
Check out our in-depth FAQ page.
In this resource, we cover key questions you might have when it comes to:
If you have any other questions please feel free to contact us here.
Remember the early 2000s, when you’d share a computer with the rest of your family, and everyone would take turns surfing the web in the living room?
Well, those days are over. Today, pretty much everyone has a personal laptop or desktop, and most of us keep our laptops constantly plugged in, and ready to fire up.
Now, have you ever thought about how much energy your computer consumes on a monthly basis, and how you can cut back on this energy usage? In this blog post, we walk you through how much electricity it takes to run different computers, and give you tips on how to save energy!
Are you wondering what happens next after signing up for a price plan with us?
In this guide, we will take you through the common questions you might have and guide you through the steps from identifying your account details to contacting customer support and sign-up perks redemption, we have you covered!
Have you switched to your preferred electricity retailer yet?
With the full roll-out of the Open Electricity Market (OEM) in Singapore, residential households all over Singapore can now switch to a licensed electricity retailer and reap incredible benefits that go just beyond savings!
SINGAPORE, 6 June – iSwitch and ES Power announced a new partnership of their electricity retail businesses in a deal involving over $15m worth of retail electricity contracts. ES Power is the energy brand of Environmental Solutions (Asia) Pte Ltd (ESA), which specialises in retailing green energy to consumers.
Under this partnership, ES Power’s customers’ existing contracts will be novated to iSwitch. With the novation, iSwitch will undertake and honour the same electricity rate and all contractual terms and conditions of the existing contracts with ES Power. The transfer process is purely administrative and performed electronically, and there will be no disruption to customers’ electricity supply. Existing customers of ES Power have been notified of this transition, which is expected to be completed by the end of June.
Both retailers also announced a joint marketing initiative to help promote sustainability and a greener Singapore. Through this initiative, iSwitch will be the licensed electricity retailer to supply electricity to all its consumers. While ES Power will ‘green-up’ the electricity usage of iSwitch’s customers’ by offsetting all carbon emissions through the process of retiring carbon credits and renewable energy certificates where applicable.
Mr Senthil Kumar, Chief Operating Officer of iSwitch, said: “iSwitch is currently the largest green electricity retailer in Singapore while ESA is one of Singapore’s long term sustainability pioneer. It is our pleasure to work with them through this partnership to market green energy solutions to homes and businesses.”
Mr Quek Leng Chuang, Managing Director of ESA, said “ES Power, under ESA, will continue to innovate and provide more services dedicated to the vision of a more sustainable future. And in fact, waste wood to electricity as a renewable source, produced locally, is very much a testament to the continued innovation in cleaner and greener energy. This partnership with iSwitch is thus not simply a strategic business decision but one that naturally enables us to focus on being a critical contributor to Singapore’s sustainability efforts.”
For more information, please contact:
Liz Pardey
Senior Marketing Executive
liz.pardey@iswitch.com.sg
+65 6505 9915
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Electricity is an integral part of our lives, and that’s not just when we flip a switch. The minute electric currents in your body are what allow you to feel, think and move. Have you ever felt a tiny shock during a handshake? That is because of static electricity, which we are all capable of producing!
As we near the full roll-out of the Open Electricity Market (OEM), many residents might still be wondering if the Electricity supply will be stable if they switch from SP Services to another preferred retailer.
Regardless of the retailer you choose, the Energy Market Authority (EMA) ensures that your household will continue to enjoy a reliable and secure energy supply.