Helping Singapore Households Save Millions
Since the launch of the Open Electricity Market in 2018, iSwitch (Singapore’s largest licensed green electricity retailer) has helped customers and households save over $20 million on their electricity bill!
As we head into 2020 and beyond, at iSwitch, we are committed to conducting more roadshows around neighbourhoods and major Singapore malls to help residents understand their options of switching and how it can benefit them.
The First Open Electricity Market Roadshow
Held on the 21st & 22nd April 2018, the Open Electricity Market EMA Roadshow marked the start of the liberalization of Singapore’s electricity market – bringing awareness to the first contestable region of residential customers in Jurong.
Over 1,500 event attendees were out on the prowl to learn more about how electricity retailers can help them save more on their electricity supply and the various benefits of switching from SP Services to a retailer.
Singapore Rolled Out In Four Zones
The open electricity market roll-out was done over 4 phases across 4 zones of Singapore, starting from the West & North-West Singapore and ending in the Central & South Singapore.
As of today, the Open Electricity Market is in full swing and if you are looking to switch to an electricity retailer, you can do so – and enjoy various sign-up perks and savings off your monthly electricity bill!
The Roll-out Schedule
Zone 1: West & North-West Singapore (1st November 2018)
Postal Codes starting with 58 – 78
Zone 2: North-East Singapore (1st January 2019)
Postal Codes starting with 53 – 57, 79 – 80 and 82 – 83
Zone 3: East Singapore (1st March 2019)
Postal Codes starting with 34 – 52 and 81
Zone 4: Central & South Singapore (1st May 2019)
Postal Codes starting with 01 – 33
How Many Households Has Switched To A Retailer Thus Far?
According to an EMA Survey, out of 1.4 million households that are eligible to make the switch, over 560,000 have switched and are enjoying savings of up to 30% off their monthly household electricity bills marketing the Open Electricity Market as a success.
In fact, 98% of respondents to the survey found the process of switching from SP Services to their chosen retailer easy.
At iSwitch we have helped almost 100,000 households and 3,000 commercial businesses accounts save and are committed to delivering the very best for your home electricity supply.
iSwitch 2018 Roadshows In Review
iSwitch took part in EMA’s Open Electricity Market Roadshow held at Northpoint City on the 1st and 2nd December 2018.
To celebrate the Christmas and holiday season, we brought in our very own Santa Claus to spread some seasonal cheer with bill rebates as well as a ‘spin-the-wheel’ event for attendees to enjoy even more prizes.
This event was held to commemorate the zone 1 launch of the Open Electricity Market where residents with postal code 65 to 78 are eligible to switch from SP services to their preferred retailer, iSwitch.
iSwitch 2019 Roadshows In Review
It was a fantastic year for our roadshows as we had the opportunity to meet over 60,000 residents across Singapore and assisted them in understanding their options and switching over to save on their electricity bills.
These roadshows were held across Singapore’s heartlands including Aljunied, Bukit Panjang and Clementi to major malls and centres such as Thomson Plaza, West Mall and Suntec City.
iSwitch Roadshows: 2020 & Beyond
We are excited to continue our roadshows throughout Singapore to help more households across the nation switch & save!
Discover Our Roadshow Schedule Here: https://iswitch.com.sg/residential/roadshows/
Before You Switch, Understand Our 2 Standard Price Plans
Yes, we know you are excited about switching but let’s go through the 2 main plans you need to know in order to help you maximise your savings that best match your lifestyle needs.
iSwitch’s “Chope” The Rate Plan (Fixed Price Plan)
Looking to pay a fixed rate every single month for your electricity usage without any bill shocks or be subjected to the rising or falling electricity tariff?
Then our fixed price plan is perfect for you.
By signing up on this plan, you will enjoy locking in a rate that will not move throughout the duration of your contract. That means easier budgeting for your household expenses, plus if you want to lower your bill, just use less electricity!
iSwitch’s Super Saver Discount Plan (Discount Off Tariff Plan)
If you want to purchase your electricity where budgeting is less important and enjoy a guaranteed discount off the electricity tariff, then our Discount Off Tariff plan is the option for you!
With this plan, you will enjoy savings off the regulated tariff to as much as 23%! There will be zero need to monitor any oil prices, you will enjoy savings no matter what.
That’s Not All – Enjoy Sign-Up & Lifestyle Perks When You Switch
At iSwitch, we go beyond just savings, we make our plans value-packed with additional benefits including:
- Free AIA Personal Accident Protection Coverage
- Green Certified Electricity at no additional cost
- 1% cash rebate on POSB Everyday Card
- Up to 5% cash back on UOB One Credit Card Bill Payment
- and more!
Our Plans Are Green Certified
We care for the environment and we know you care as well. That’s why when you sign up online you can enjoy carbon neutral at no additional cost to you.
Learn more about our green plans here.
Switch To iSwitch & Save!
Ready to take action?
Learn more about our plans and sign-up online today!
Alternatively, you can head down to our upcoming roadshows in the locations here.
What Is The Open Electricity Market?
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 price plan in the market that suits their household. The result is the Open Electricity Market, where all residents in Singapore will eventually be able to switch over from SP Services to a licensed electricity retailer of their choice.
Who Is EMA?
EMA is the Energy Market Authority of Singapore, a regulatory body that promotes effective competition in the energy market. EMA helps to organise events and roadshows for consumers to learn more about the Open Electricity Market and how to maximise the benefits when switching.
Why Choose iSwitch?
iSwitch Energy is a licensed electricity retailer in Singapore and together with our team, we have more than 30 years of electricity retailing and energy trading experience across the Asia Pacific region. Backed by the RCMA Group, a global commodity company with an annual turnover of beyond $1 Billion, we are one of the approved Open Electricity Market retailers – only such approved retailers are able to participate in the electricity roadshows and events held by EMA.
Almost 100,000 households and 3,000 businesses accounts have chosen us as their preferred retailer.
Learn about our history and how we are innovating to help bring our customers the best value consistently!
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