Quick answer: The open electricity market in Singapore lets you pick your own power retailer instead of staying with SP Group. The standouts right now are Geneco for short trials and cheap green add-ons, Senoko Energy for no-deposit fixed plans, Tuas Power for long-term stability, Keppel Electric for fuss-free fixed rates, Sembcorp Power if you want sustainability bundled in, Flo Energy if you’re all-in on 100% renewables and solar, and PacificLight if you can shift heavy usage to off-peak hours. We’ve laid out what each one actually offers so you can see which fits your home.
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Geneco
Geneco, run by Seraya Energy, operates out of Alexandra Road but you’ll do everything online. They’ve become a sensible first stop for anyone curious about the open market but not ready to lock in for years – their Give Us A Try plan is a 6-month fixed rate with surprisingly light rates, so you can test the waters properly. If you’ve been wanting to shrink your carbon footprint without overhauling your life, the Power Eco Add-on starts from just $1 a month and lets you add carbon credits or renewable energy certificates to your bill. No hidden charges, no complicated tiers – just a small monthly tick that feels good. They also have 24-month fixed plans for when you’re ready to commit.
Many households have seen their bills drop by up to 30% after switching, and the whole sign-up is done online in minutes. You can reach them at +65 6363 6677 during standard business hours, or head straight to their website. Address: 450 Alexandra Road #01-01, Singapore 119960.
Check their latest plans at geneco.sg.
Best for: The household that’s paiseh to commit long-term – try six months and see if the savings are shiok. Families who want a little green cred without spending much will appreciate that $1 add-on; it’s like rounding up your kopi money for a good cause.
Senoko Energy
Senoko Energy has been generating power in Singapore for ages, and their retail plans reflect that steady, no-surprises approach. Their LifePower24 fixed plan sits at 29.42¢/kWh, and LifeSave12 gives you a 6% discount off the regulated tariff – both with zero security deposit. If your home already runs on smart gadgets, their Smart Rewards bundle might slot in nicely. The online portal is straightforward, and customer support operates during normal business hours from their Senoko Road base. Address: 31 Senoko Road, Singapore 758103. Phone: 1800 688 8888.
Plan details: senokoenergy.com.
Best for: If you just want a predictable bill, set and forget. The U-Save rebates sweeten the deal for HDB households, and no deposit means you’re not tying up cash upfront.
We put this list together ourselves – nobody paid to be on it. If you run something that belongs here, tell us about it.
Tuas Power
Tuas Power has been in the energy game long enough that switching feels like a quick errand. Their PowerFIX 36 plan locks in at $0.2747/kWh for three years, and PowerDOT 24 gives a 5% discount off the regulated tariff. The whole process – from signup to the first bill – often wraps up in minutes, which is a relief if you’ve been putting off the switch. They run things online from their office at TripleOne Somerset. Address: 111 Somerset Road #11-09, Singapore 238164. Phone: +65 6838 5565.
See their rates: savewithtuas.com.
Best for: Anyone who wants a no-drama switch and a fixed rate for the long haul. Three years of price certainty can be steady if you’re the sort who hates checking the market every few months.
If you’re ready to level up more than just your electricity, take a look at our guide to Premier Rolex Retailers in Singapore – a steady wristwatch goes well with a steady electricity bill.
Keppel Electric
Keppel Electric brings a clean, engineering-minded touch to the OEM. Their plans are simple: FIXED12 at 28.67¢/kWh, or FIXED24 for a longer commitment. No extras, no fuss – just a rate you can forecast. They operate from Keppel Bay Tower and support is online during standard hours. Address: 1 HarbourFront Avenue #18-01, Singapore 098632. Phone: +65 6803 3000.
Browse their plans: keppelelectric.com.
Best for: The homeowner who wants a brand they recognise from infrastructure, and a bill that’s the same every month. It’s a no-frills, get-it-done option that works.
And if growing your savings sounds as good as shrinking your bill, our piece on Money Market Fund Providers in Singapore for Discerning Investors might be your next read.
Sembcorp Power
Sembcorp Power weaves sustainability into the everyday. They offer a mix of discount plans and fixed-rate options, and many of their bundles come with green certifications – so if you want your electricity to carry a little environmental weight, this is a natural pick. Their digital service runs from Hill Street, and customer care is on hand during usual business hours. Address: 30 Hill Street #02-01, Singapore 179360. Phone: +65 6727 8833.
Explore their plans: sembcorppower.com.
Best for: Households already leaning into green tech or renewable thinking. Sembcorp blends decent rates with a sustainability badge, so you can feel you’re powering your home a little more thoughtfully.
Thinking of giving your whole home presence a refresh? Our insights on Brand Consultants in Singapore could spark some ideas.
Flo Energy
Flo Energy is Singapore’s largest independent electricity retailer and the one that goes deepest into green territory. Every plan matches 100% of your usage with Renewable Energy Certificates, so your entire consumption is offset. They also throw in the FlowSmart dashboard to track your usage, and can set up solar panels on your roof with zero upfront cost – something most retailers don’t touch. They’ve earned the SME100 Awards Singapore 2025, and have a real office at Middle Road where you can reach them. Address: 270 Middle Road #02-01, Singapore 188993. Phone: +65 6223 1000 or email [email protected].
Details: floenergy.sg.
Best for: The eco-warrior who wants every watt matched with a renewable certificate, and maybe even solar panels without the capital outlay. If you’re managing a multi-tenanted property, their tenant management tools add another layer of practical help.
PacificLight
PacificLight runs an efficient LNG-fired operation and brings that efficiency into their plans. The 9 to 9 plan charges just 16.68¢/kWh for usage between 9pm and 9am – if your household runs the washing machine, dishwasher, or air-con heavily at night, that can add up to serious savings. Their Savvy Saver 36-month plan at 27.47¢/kWh is a straightforward fixed rate for those who prefer round-the-clock certainty. Everything is managed online, backed by a solid facility on Jurong Island. Address: 8 Jurong Town Hall Road, #12-01/06, The JTC Summit, Singapore 609434. Phone: +65 6266 1188.
View plans: pacificlight.com.sg.
Best for: Night owls and households that can shift heavy chores to off-peak hours. If you’re disciplined about timing, the 9 to 9 rate is one of the lowest around – that kind of savings can be damn shiok when the bill comes.
We put this list together ourselves – nobody paid to be on it. If you run something that belongs here, tell us about it.
How to choose
Picking an OEM retailer really boils down to your usage pattern and what you value beyond the rate.
If your home uses power fairly evenly through the day, a standard fixed-rate plan (24 or 36 months) will give you predictability – rates in the market typically hover between 27 and 30 cents per kWh. Discount-off-tariff plans move with the regulated tariff, so you save a set percentage but the actual rate can shift; that suits people who don’t mind a bit of fluctuation. For households that run appliances mostly late at night, PacificLight’s off-peak pricing is a standout.
Green add-ons vary widely. Flo Energy is the full commitment – 100% renewable matching. Geneco lets you bolt on carbon credits or RECs from $1/month, which is a low-stakes way to start. Sembcorp Power bundles green certifications into some plans without a separate add-on. The others focus on pure price play.
Always check: early termination fees if you break a contract, whether the retailer offers U-Save rebates, and how long the switch actually takes (most complete in minutes with just your SP account number). There’s no disruption to your supply during the transfer – the only thing that changes is the name on your bill.
| Retailer | Plan Highlights | Price Example (cents/kWh) | Green Option | Contract Length | Special Notes |
|---|---|---|---|---|---|
| Geneco | Give Us A Try 6-mth, 24-mth fixed; Power Eco Add-on $1/mth | Check with the business | Yes – customisable RECs/carbon credits | 6 or 24 months | No hidden fees, easy trial |
| Senoko Energy | LifePower24 (fixed), LifeSave12 (6% off tariff) | 29.42 (LifePower24) | No | 12 or 24 months | No security deposit, U-Save rebates, Smart Rewards |
| Tuas Power | PowerFIX 36 (fixed), PowerDOT 24 (5% off tariff) | 27.47 (PowerFIX 36) | No | 24 or 36 months | Smooth switching, reliable |
| Keppel Electric | FIXED12, FIXED24 | 28.67 (FIXED12) | No | 12 or 24 months | No-frills predictable billing |
| Sembcorp Power | Discount and fixed plans; eco-friendly bundles | Check with the business | Yes – green certifications included | Varies (check website) | Sustainable focus, integrated energy |
| Flo Energy | 100% renewable match, FlowSmart dashboard, solar solutions | Check with the business | Yes – 100% RECs, solar panels CAPEX-free | Flexible (monthly) | SME100 Award 2025, demand response programs, tenant management |
| PacificLight | 9 to 9 off-peak, Savvy Saver 36-mth fixed | 16.68 (9 to 9 off-peak), 27.47 (Savvy Saver) | No | 36 months (Savvy Saver); off-peak flexible | LNG-fueled, lowest off-peak rate |
Summary
Switching to an OEM retailer can trim your bill and let you support cleaner energy if you choose. Whether you want a short trial, a locked-in rate for three years, or a full renewable setup, each retailer on this list brings something distinct to the table. Pick the plan that lines up with how your household actually uses power – and enjoy the savings lah.
Disclaimer: All information here is compiled from publicly available sources and the retailers’ own websites. Details can change, so please confirm directly with the business before signing up.
Frequently asked questions
What is the Open Electricity Market (OEM) in Singapore?
It’s a scheme that lets households and businesses buy electricity from retailers other than SP Group. You can choose a price plan that suits your usage, often locking in fixed rates or getting discounts off the regulated tariff. The switch is optional – you can stay with SP if you prefer.
How do I switch from SP to an OEM retailer?
Sign up online with your chosen retailer. You’ll need your SP account number and some personal details. The transfer is handled behind the scenes and usually completes within a few business days. Your electricity supply continues without interruption – the only change is who bills you.
Will my electricity supply be interrupted during the switch?
No. SP Group continues to deliver the electricity through the same wires. The retailer just becomes the one charging you for it. There is no physical installation or rewiring at your home.
Can I switch back to SP if I’m unhappy with my OEM retailer?
Yes. You can return to SP at any time, though you should check your current contract for early termination charges. If you’ve been on a fixed-term plan, breaking it early may cost a fee. The process to revert is also handled online.
Are there hidden fees or security deposits with these retailers?
Many retailers, including Geneco, Senoko Energy, and Flo Energy, advertise no hidden fees and no security deposit. Always read the contract terms – fixed-rate plans may carry an early exit penalty, but the monthly rate itself usually has no extra surcharges.
Which retailer offers the strongest green or renewable options?
Flo Energy matches 100% of your electricity usage with Renewable Energy Certificates and can install solar panels with no upfront cost. Geneco lets you add carbon credits or RECs from just $1 a month. Sembcorp Power also includes green certifications in some plans. The other retailers focus primarily on competitive pricing without a dedicated green component.
