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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EMA Roadshow

Open Electricity Market Roadshow EMA

Helping Singapore Households Save Millions

Since the launch of the Open Electricity Market (OEM) in 2018, iSwitch (Singapore’s Top Energy Company 2021) has helped customers and households save over $20 million on their electricity bill!

As we head into 2021 and beyond, at iSwitch, we are committed to conducting more roadshows (when it is possible according to government regulations) around neighborhoods and major Singapore malls to help residents understand their options of switching and how it can benefit them.

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