Consumers can switch to another electricity retailer as early as this November
Starting from 1 November, homeowners and business owners in Singapore will be able to switch to another electricity retailer at a price plan that best meets their needs as Open Electricity Market launches nationwide.
The nationwide launch will be rolled out progressively to the four zones in Singapore (see table below).
| Zone | Postal Codes Starting With... | To be launched from* |
|---|---|---|
| 1 | 58 - 78 | 1 Nov 2018 |
| 2 | 53 - 57, 79 - 80, 82 - 83 | 1 Jan 2019 |
| 3 | 34 - 52, 81 | 1 Mar 2019 |
| 4 | 01 - 33 | 1 May 2019 |
Currently, Jurong consumers with postal codes 60 to 64 can buy from the new electricity retailers as part of the pilot program launched in April earlier this year.
There are some things to consider before making the switch:
There are a total of 12 retailers you can choose from:
Consumers can also use the comparison tool on Open Electricity Market’s website to find out the rates they will be getting from the retailers as well as the estimated monthly bill based on their usage.
Learn more about Open Electricity Market