Quick answer: The best electricity plan depends on how you use power. If you want rate stability, Geneco and Keppel Electric have competitive fixed-rate contracts. For green energy without fuss, Sembcorp Power bakes solar into every plan. Families who like perks might lean towards Senoko Energy’s rewards, while PacificLight offers the most plan variety, including no-contract options. Tuas Power and Diamond Electric keep billing simple with SP integration.
For the full picture, Best Phones & Computers in Singapore collects 64 guides on this subject.
Geneco
Geneco, based out of a modern office at Alexandra Road, specialises in fixed-rate electricity plans that lock in a steady price so your bill stays predictable even when the market wobbles. Their Get It Fixed 24 and Get It Fixed 12 plans hover around 28.87¢/kWh—a rate many households find keeps costs in check. For those not ready to commit, the Give Us A Try 6-month plan offers a flexible exit, while the Power Eco Add-on lets you top up with renewable energy certificates for a few extra dollars a month. No hidden fees, no fuss.
People who switch often notice savings of up to 30% from their old regulated tariff, and the process is largely handled online. The green add-on is particularly handy if you’re curious about carbon offsets but not ready to go full solar—think of it as dipping a toe into sustainability without overhauling your lifestyle.
Address: 450 Alexandra Road #01-01, Singapore 119960
Phone: +65 6363 6677
Hours: Monday to Friday, 9:00 AM – 5:30 PM (closed public holidays)
Price signal: Fixed plans from around 28.87¢/kWh; add-on available
Website: geneco.sg
Keppel Electric
Keppel Electric operates out of Keppel Bay Tower and wears its Singapore-first badge with some pride—they were the city’s first home-grown electricity retailer. Their FIXED24 and FIXED12 plans come in at about 28.88¢/kWh, and if you opt for the ecoGreen variants, your entire consumption is matched with renewable energy certificates, effectively making your home carbon-neutral on paper. There are no extra charges for going green, which is a welcome touch.
Bills stay stable with the fixed rate, and the carbon footprint reduction feature is built in. It’s a natural pick for anyone who wants their sustainability effort to be set-and-forget—no need to track add-ons or worry about fluctuating green premiums.
Address: 1 HarbourFront Avenue #18-01, Keppel Bay Tower, Singapore 098632
Phone: +65 6803 3000
Hours: Monday to Friday, 9:00 AM – 5:30 PM (closed public holidays)
Price signal: Fixed plans around 28.88¢/kWh; green at no extra cost
Website: keppelelectric.com
While you’re sorting out power, you might be eyeing that home refresh too—our guide to Renovation Companies in Singapore is a good next stop.
Tuas Power
Tuas Power, headquartered at TripleOne Somerset, has been generating and retailing electricity here since 1999, so they know the grid well. Their PowerFIX 36 and PowerFIX 24 plans lock in rates around 28.87¢/kWh, and they throw in free insurance protection and grocery e-vouchers as signing perks. The real convenience, though, is the combined billing with SP Services—you get one bill for both electricity and water, which means one less thing to track each month.
For households that prefer a single, straightforward statement and appreciate the little extra vouchers, this is a solid, no-nonsense choice. The insurance add-on provides some peace of mind too, though it’s best to read the fine print.
Address: 111 Somerset Road #11-09, Singapore 238164
Phone: +65 6838 5565
Hours: Monday to Friday, 9:00 AM – 5:30 PM (closed public holidays)
Price signal: Fixed plans from around 28.87¢/kWh; perks included
Website: savewithtuas.com
This round-up is editorial. Suggestions are welcome – tell us what you offer and where.
Sembcorp Power
Sembcorp Power’s base on Hill Street might be small, but their green energy commitment is built into every plan they sell. Every contract comes with at least 50kWh of solar energy per month, and if you go for the Sunshine Plan, all your power is matched with local solar renewable energy certificates. Their 12M Fixed Price plan sits at 29.68¢/kWh, a touch higher than some competitors, but the baked-in solar and referral rebates can sweeten the deal.
If you want green without overthinking it, this is one of the most straightforward ways to power your home with a clear conscience. The solar RECs are locally validated, so your money supports sunshine right here, not some distant project.
Address: 30 Hill Street #02-01, Singapore 179360
Phone: +65 6727 8833
Hours: Monday to Friday, 9:00 AM – 6:00 PM (closed public holidays)
Price signal: Fixed plan from 29.68¢/kWh; green inclusive
Website: sembcorppower.com
Getting your energy sorted is one piece of the puzzle—if you’re also furnishing that new place, our list of Online Furniture Shops in Singapore might save you a few trips to the mall.
PacificLight
PacificLight, up in The JTC Summit at Jurong Town Hall, arguably offers the most variety under one roof. Their Savvy Saver 36 fixed plan comes in at 28.44¢/kWh, while the Easy Peasy plan runs month-to-month with no lock-in. There are also peak/off-peak plans like Save While Sleeping that reward night-time usage, making sense if you run appliances after midnight. And if you collect KrisFlyer miles, you can earn them on your electricity bill—a rare perk in this market.
The sheer range means you can tailor the plan to your actual habits rather than adapting your habits to the plan. For night owls or families with smart timers, the off-peak tariff can lead to genuine savings. Just check if your usage pattern fits before signing up for that one.
Address: 8 Jurong Town Hall Road, #12-01/06, The JTC Summit, Singapore 609434
Phone: +65 6266 1188
Hours: Monday to Friday, 9:00 AM – 6:00 PM (closed public holidays)
Price signal: Fixed plan from 28.44¢/kWh; no-contract and off-peak options available
Website: pacificlight.com.sg
If a smarter home is on your mind, you might also want to browse the Finest Digital Locks in Singapore—security and savings go well together.
Senoko Energy
Senoko Energy operates from its namesake road in the north, and their plans often feel like they were designed with families in mind. The LifePower 24 fixed plan starts at 28.87¢/kWh and includes at least 3% solar energy, while LifeGreen matches consumption entirely with carbon credits. Their Smart Rewards program gives you access to discounts on dining, petrol, and groceries, which can add up if you use the app regularly.
The rewards ecosystem makes this more than just a utility bill—it becomes a small perks engine for your household. And the solar component, though modest, is a nice touch for those who want to inch towards greener living without paying a premium.
Address: 31 Senoko Road, Singapore 758103
Phone: 1800 688 8888
Hours: Monday to Friday, 9:00 AM – 6:00 PM (closed public holidays)
Price signal: Fixed plan from 28.87¢/kWh; rewards and green options
Website: senokoenergy.com
Diamond Electric
Diamond Electric is tucked at CleanTech One near Jurong, and they keep things refreshingly simple. Their Maybank Saver fixed plan comes in at 28.87¢/kWh, and they guarantee no hidden charges and combined billing with SP Services—so your statement looks exactly like what you’re used to, just with a different retailer name. There are no frills, no add-ons to think about, just a competitive rate and a painless switchover.
This is for anyone who just wants a cheaper rate without learning a new system. The bill stays familiar, and the savings come quietly. It’s the kind of plan you’d recommend to a friend who says, “Just tell me which one to pick and I’ll do it.”
Address: 1 CleanTech Loop, #02-07 CleanTech One, Singapore 637141
Phone: +65 6342 6663
Hours: Monday to Friday, 9:00 AM – 6:00 PM (closed public holidays)
Price signal: Fixed plan at 28.87¢/kWh; no hidden charges
Website: diamond-electric.com.sg
This round-up is editorial. Suggestions are welcome – tell us what you offer and where.
How to choose
First, decide how long you’re comfortable locking in a rate. Fixed plans of 12 or 24 months give you certainty and often the lowest rate, but you’ll face an early termination fee if you leave early. If your living situation might change, a short-term or no-contract plan offers more freedom, even if the per-kWh price is slightly higher.
Second, think about green energy. Some retailers charge extra for renewable energy certificates, while others include a base level of solar or carbon offset in every plan. If sustainability is important but you don’t want complexity, Sembcorp Power or Keppel’s ecoGreen plans are built-in solutions.
Third, check the billing. A few providers like Tuas Power and Diamond Electric let you keep one combined SP Services bill—handy if you dislike multiple statements. Others send a separate bill, which is fine but means one more thing to track.
Finally, compare the actual rate and any perks. Rates currently sit between 28.44¢ and 29.68¢/kWh for fixed plans. Rewards like KrisFlyer miles, vouchers, or cashback can tip the scales if you value them. Use your last bill to estimate monthly usage—most plans target households using 400-800 kWh—and run the numbers to see real savings.
| Provider | Best For | Fixed Rate (approx) | Green Option | Unique Perk |
|---|---|---|---|---|
| Geneco | Stability + optional green | 28.87¢/kWh | Yes, add-on | Flexible 6-month plan |
| Keppel Electric | Built-in green, no fuss | 28.88¢/kWh | Yes, inclusive | First home-grown retailer |
| Tuas Power | Combined billing + perks | 28.87¢/kWh | Check with the business | Insurance and vouchers |
| Sembcorp Power | All-in green from solar | 29.68¢/kWh | Yes, inclusive (min 50kWh solar) | Referral rebates |
| PacificLight | Wide range, night owls, miles | 28.44¢/kWh | Yes, RECs available | KrisFlyer miles, peak/off-peak |
| Senoko Energy | Family rewards and small solar | 28.87¢/kWh | Yes, min 3% solar | Smart Rewards discounts |
| Diamond Electric | Simple, same SP bill | 28.87¢/kWh | Check with the business | No hidden charges |
Summary
Singapore’s open electricity market has grown up, and the seven providers here cover the full range—from no-contract flexibility to fully solar-backed contracts. Your choice really comes down to how much you value rate certainty, billing simplicity, and green energy. Glance at the table, pick the column that matters most, and you’ll likely find your match. Switching takes minutes online, and the savings can be noticeable from the very next bill.
Disclaimer: Details like rates and promotions can change. Please confirm the latest terms and pricing directly with the provider before you sign up.
Frequently asked questions
Do I need to change my electrical setup to switch retailers?
No, switching is purely a billing change. Your power supply and meter remain the same; there’s no rewiring or installation work needed.
What happens if I move house during a fixed contract?
Most retailers allow you to transfer the contract to your new address. Early termination fees usually apply only if you close the account entirely. Confirm the retailer’s relocation policy before signing.
Are the rates shown inclusive of GST?
The advertised rates are typically quoted before GST. Check the plan details for the final all-in rate, as GST will be added to your monthly bill.
Which plan is best if I use most electricity at night?
PacificLight’s Save While Sleeping plan charges different rates for peak and off-peak hours. If you run heavy appliances like dryers or dishwashers after midnight, this can lower your bill meaningfully.
How do the green plans actually help the environment?
Green plans either match your consumption with renewable energy certificates (RECs) from solar farms or directly include solar energy. This shifts demand towards renewables and can help grow the clean energy sector.
Can I switch back to SP Services if I don’t like the retailer?
Yes, you can return to the regulated tariff with SP Services at any time after your contract ends, or earlier if you’re willing to pay any applicable termination fee in a fixed-term plan.
