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Complete Guide To Choosing The Best Open Electricity Market (OEM) Plan For Your Home

We explain exactly what the Open Electricity Market is, and how to choose the best plan from among the bewildering choices.


Prices are updated as of 01 May 2019.

You might be aware that starting from November 2018, residential households islandwide will be able to pick from a variety of electricity retailers to buy electricity from.

For most of us, this can be a little unnerving and confusing, since we have been buying power from just one company – SP Group. With the impending launch of the Open Electricity Market (OEM) island-wide, Singapore households will be able to choose from 13 electricity retailers, each offering different plans.

What does it mean to buy electricity from a company other than SP Group? Will electricity reliability be affected? Is it compulsory to switch?
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Now that the OEM is now open to all residential households in Singapore, here is an overview of the choices available so you can make the best choice for your needs.

Read Also: Open Electricity Market (OEM): Here Are 5 Things To Consider When Choosing The Right Electricity Retailer

5-Minute Explanation: How Electricity Is Produced And Sold In Singapore

In order to understand what an electricity retailer is, we first need to understand how electricity is produced and sold in Singapore. The Singapore energy market has always been an eco-system made up of multiple players.

Everything starts with the electricity produced by power plants, which are owned and operated by power generation companies. Every half an hour, these power generation companies bid for contracts to generate and sell specified quantities of power on the wholesale electricity market. Retailers, including SP Group, then buy electricity in bulk from the wholesale electricity market to supply to consumers.

The electricity generated is then transmitted from the power plants and distributed across the island on the national power grid, which is also operated by SP Group.

In other words, SP Group buys electricity in bulk from the power generation companies on behalf of Singapore households. The company is also responsible for the infrastructure for reliable power delivery island-wide and billing households for electricity consumed.

To ensure consumers are protected, prices that Singapore households pay is based on the tariff set by the Energy Market Authority (EMA), with the aim of being as low as possible while allowing SP Group to cover operational costs.

The tariff is revised every quarter and consists of two parts: 1) fuel cost and 2) non-fuel cost. The fuel component is based on natural gas prices in the preceding quarter, while the non-fuel component covers the cost of running the electrical infrastructure and support services like meter reading.

In effect, the tariff system insulates Singaporeans, to some extent, from the electricity production and purchase process, and from near-term price fluctuations due to the global oil market, since 95% of Singapore’s electricity supply is generated using imported natural gas.

Read Also: 5 Questions About The Open Electricity Market That You (And Your Parents) Probably Have

What Is The Open Electricity Market (OEM)?

The Open Electricity Market (OEM) is part of EMA’s effort to liberalise the electricity market, allowing residential households in Singapore to buy electricity from retailers other than SP Group.

Think of this as similar to how different telecommunication companies in Singapore such as SingTel, M1, Starhub and Circles.Life offer different price plans in order to attract different kinds of customers.

On 1 April 2018, OEM was soft launched, allowing more than 100,000 Jurong households to choose their preferred electricity retailer and plan. Consumers in the rest of Singapore will enjoy the same choice when OEM rolls out nationwide in phases from 01 November 2018. This will involve 1.3 million mostly household accounts.

To be clear, SP Group continues to operate the national power grid, so you can be assured of the same reliable power that you come to expect living in a Singapore. For those who choose not to do anything, SP Power will continue to sell you electricity at the regulated tariff.

Here is the current list of electricity retailers that you’ll be able to buy their electricity from:

Best Electricity Supply

Diamond Electric

ES Power by Environmental Solutions (Asia)

Geneco by Seraya Energy

iSwitch

Keppel Electric

Ohm Energy

PacificLight Energy

Sembcorp Power

Senoko Energy Supply

Sunseap Energy

Tuas Power Supply

Union Power

Benefits Of The Open Electricity Market

The opening up of the electricity market for Singapore households come with a number of benefits for Singapore residents.

# 1 More Choices For Electricity Plans

Compared to paying a fixed, quarterly tariff rate which is what SP Group offers, retailers allow you to choose from two types of electricity plans. Different plans give Singaporeans choices on how they wish to buy electricity and who they wish to buy it from. They have the potential of large cost savings for households who choose an appropriate plan based on their consumption habits.

# 2 Competition Leading To Innovation And Better Prices

Competition among retailers that essentially sell the same product (electricity) means that companies need to provide great service at great prices. Beyond price, retailers are also competing to value-add to their customers.

For example, PacificLight is giving customers free 12-month home insurance from Etiqa when they sign up for a 24-month home electricity plan. Other retailers are offering free months of electricity, referral cashback, and other promotional rewards.

As companies strive to differentiate themselves, we can look forward to even more offerings and perks, and to choose the one that makes the most financial sense for us.

Read Also: 3 Types of Insurance Every Homeowner Needs To Know About For Protecting Their Home

# 3 More Awareness Of Energy Consumption

The introduction of OEM and the large numbers of retailers and plans should make Singaporeans more aware of the electricity market in Singapore and to take stock of their own consumption patterns.

Being more conscious about when we use electricity, how much power our appliances are using, and areas of wastage will hopefully lead to more considered electricity use, saving both money and natural resources over time.

When Will You Be Able To Make The Switch?

The nationwide roll-out of the Open Electricity Market will be conducted in phases, based on location. As of 1 May 2019, all residential households islandwide can make the switch to a desired OEM retailer of their choice and enjoy cost savings.

Source: Open Electricity Market

 

Overview Of Types Of Price Plans Offered By OEM Retailers

Before we compare the different standard price plans offered by each retailer, it’s important to first understand how each works. In general, retailers offer two types of plans: 1) Discount Off Regulated Tariff, 2) Fixed Price.

Here is how each type of electricity plan works.

1) Discount Off Regulated Tariff plans offer a discount off the prevailing regulated tariff price, which is revised every quarter.

Source: Energy Market Authority

2) Fixed Price plans mean you pay a fixed rate throughout the duration of your contract. While the rate is not subjected to quarterly fluctuations based on the tariff, it may be higher or lower than the tariff over time.

Source: Energy Market Authority

Peak and OffPeak plans were offered to Jurong residents, but has since been withdrawn when the OEM rolls out nationwide, due to the lack of interest among consumers. Retailers could still offer Peak and Off-Peak plans, but these will be classified as “Non-Standard plans”.

Under this scheme, you pay different prices for electricity usage depending on the time of day. If your household’s electricity usage is skewed towards mainly off-peak hours, Peak and Off-Peak plans could potentially result in the greatest savings.

* All prices are accurate at the time of writing and might be subject to change. Please contact individual retailers for the most updated pricing.

Best Discount Off Regulated Tariff Plans Across OEM Retailers

As of 01 May 2019, there are around 23 Discount Off Regulated Tariff Plans offered by the various retailers. Here are the various plans compared:

Retailer Name Of Plan Price Contract Duration
Best Electricity Supply BEST Home Saver 12 months 21% off regulated tariff 12 months
BEST Home Saver 24 months 22% off regulated tariff 24 months
Diamond Electric FREEDOM (No Lock-In) 20% off regulated tariff 6 months
Sure Save Plus Rebate – RES 25% off regulated tariff 12 months
Environmental Solutions (Asia) GFREEDOM (Carbon Neutral) 22.00% off regulated tariff 24 months
iSwitch Super Saver Discount (12 Months) 22.8% off regulated tariff 12 months
Keppel Electric DOT24 22.00% off regulated tariff 24 months
Ohm Energy Ohm Discount (6 Months) 25.00% off regulated tariff 6 months
Ohm Discount (12 Months) 25.00% off regulated tariff 12 months
PacificLight Energy Confirm Save 12m 22.00% off regulated tariff 12 months
Confirm Save 24m 22.00% off regulated tariff 24 months
Sembcorp Power 12M Discount off Regulate Tariff Plan 20.50% off regulated tariff 12 months
24M Discount off Regulate Tariff Plan 22.50% off regulated tariff 24 months
Senoko Energy LifeSave12 15% off regulated tariff 12 months
LifeSave24 17% off regulated tariff 24 months
Geneco by Seraya Energy Get It Less 24 22.00% off regulated tariff 24 months
Sunseap Energy SUNSEAP-ONE (1% Solar Energy) 6M 23.00% off regulated tariff 6 months
SUNSEAP-ONE (1% Solar Energy) 12M 23.00% off regulated tariff 12 months
SUNSEAP-ONE (1% Solar Energy) 24M 23.00% off regulated tariff 24 months
SUNSEAP-50 (50% Solar Energy) 24M 15.00% off regulated tariff 24 months
Tuas Power Supply PowerDO 6 18.00% off regulated tariff 6 months
PowerDO 24 22.00% off regulated tariff 24 months
Union Power Dual Value Saver 22.00% off regulated tariff 24 months

Ohm’s Discount (6 Months) offers the highest percentage discount off the regulated tariff at 25.00% (as of 01 May 2019), with a contract of 6 months.

The short contract duration can be a double-edged sword. On one hand, a shorter-term contract frees you up to choose another cheaper plan or even switch to another retailer after 6 months. On the flip side, the discount being offered may not be the same by the time you need to re-contract.

For those who prefer longer-term certainty, Sunseap’s SUNSEAP-ONE (1% Solar Energy) 24M gives the greatest discount of 23% for 24 months, followed closely behind by many other retailers which all give around 22% discount off the regulated tariff for 24 months.

Best Fixed Price Plans Across OEM Retailers

As of 01 May 2019, there are about 25 Fixed Price plans available, which you can compare below:

Retailer Name Of Plan Price Contract Duration
Best Electricity Supply BEST Home Fixed 6 months 21.00 cents/kWh 6 months
BEST Home Fixed 12 months 20.50 cents/kWh 12 months
BEST Home Fixed 24 months 19.96 cents/kWh 24 months
iSwitch Chope’ The Rate (12 Months) 17.62 cents/kWh 12 months
Keppel Electric FIXED12 18.71 cents/kWh 12 months
FIXED24 17.98 cents/kWh 24 months
Ohm Energy Fixed Ohm (6 Months) 19.50 cents/kWh 6 months
Fixed Ohm (12 Months) 18.90 cents/kWh 12 months
Fixed Ohm (24 Months) 18.95 cents/kWh 24 months
PacificLight Energy Stick To It 12m 18.65 cents/kWh 12 months
Stick To It 24m 17.98 cents/kWh 24 months
Sembcorp Power 12M Fixed Price Home 18.65 cents/kWh 12 months
24M Fixed Price Home 17.98 cents/kWh 24 months
Senoko Energy LifePower12 17.98 cents/kWh 12 months
LifePower24 17.78 cents/kWh 24 months
Geneco by Seraya Energy Give Us A Try 17.55 cents/kWh 6 months
Get It Fixed 24 17.78 cents/kWh 24 months
Get It Green (Carbon Neutral) 19.26 cents/kWh 24 months
Sunseap Energy SUNSEAP-ONE (1% Solar Energy) 6M 18.03 cents/kWh 6 months
SUNSEAP-ONE (1% Solar Energy) 12M 18.48 cents/kWh 12 months
SUNSEAP-ONE (1% Solar Energy) 24M 17.98 cents/kWh 24 months
SUNSEAP-50 (50% Solar Energy) 24M 21.61 cents/kWh 24 months
SUNSEAP-100 (100% Solar Energy) 24M 23.01 cents/kWh 24 months
Tuas Power Supply PowerFIX 24 17.98 cents/kWh 24 months
Union Power Fixed Saver 12 Months 18.40 cents/kWh 12 months

The absolute cheapest rate (as of 01 May 2019) is Geneco’s Give Us A Try, which charges 17.55 cents/kWh for a 6-month contract.

For the best rates for the mid-term, iSwitch’s ‘Chope’ The Rate (12 Months) charges 17.62 cents/kWh over 12 months.

And if you prefer to lock in the fixed rate for the long-term, consider Geneco’s Get It Fixed 24 and Senoko Energy’s LifePower24, which charge 17.78 cents/kWh for a 24-month contract.

Choosing The Best OEM Retailer And Plan For Your Household

Now that you understand how the various plans work, you might wonder which one suits you best. Here are four steps you can take to answer that question.

Step 1: Examine Your Household Electricity Bill

The first thing you can do is to gather your past electricity bills. Since electricity consumption is generally cyclical, doing so will help you have a more accurate picture of your consumption patterns.

When going through your household electricity bills, note the highest electricity usage in a month, and then calculate the average monthly electricity consumed.

You can use the following table to help with log your results.


Month

Electricity Consumed
(kWh)

Electricity Bill ($)
May 2018
June 2018
July 2018
August 2018
September 2018
October 2018
November 2018
December 2018
January 2019
February 2019
March 2019
April 2019

12-month Average:

Step 2: Calculate Expected Costs

To help you along, you can also refer to information on historical tariff rates and compare against the rates on offer.


Source: SP Group

The Current Regulated Tariff is 24.39 cents/kWh with GST (effective from 1 April to 30 June 2019)

  • Highest tariff in past 24 months: 25.82 cents/kWh (with GST)
  • Lowest tariff in past 24 months: 21.72 cents/kWh (with GST)
  • Average tariff in past 24 months: 23.78 cents/kWh (with GST)

Take your average monthly electricity consumption (derived in Step 1) and multiply that with rates given by the Fixed Price plan that you are considering. This is how much you can expect to pay when you’re on a Fixed Price plan.

Expected Fixed Rate Bill = Electricity Consumed x Fixed Rate Cost (per kWh)

Adding a column to your original table, you can see if you will be making savings (and by how much).


Month

Electricity Consumed
(kWh)

Electricity Bill ($)

Expected Fixed Rate Bill
May 2018
June 2018
July 2018
August 2018
September 2018
October 2018
November 2018
December 2018
January 2019
February 2019
March 2019
April 2019

12-month Average:

To know how much you’ll be paying if you are on a Discount Off Regulated Tariff plan, look at what you are currently paying for your electricity (which is at the regulated tariff) and factor in the discount percentage given in the plan.

Expected Discount Off Tariff Bill = Electricity Bill – (Electricity Bill x Discount Off Tariff Percentage)


Month

Electricity Consumed
(kWh)

Electricity Bill ($)

Expected Discount Off
Tariff Bill
May 2018
June 2018
July 2018
August 2018
September 2018
October 2018
November 2018
December 2018
January 2019
February 2019
March 2019
April 2019

12-month Average:

Adding a column to your original table, you can see how much savings in dollar terms you would have made.

Using the results of both Fixed Price and Discount Off Regulated Tariff tables, you can see which type of plan will result in the greatest savings for your household.

If you’re worried about making the “wrong” decision, then the simple sure-win proposition is to go for a Discount Off Regulated Tariff plan. By switching to a retailer with such a plan, you will enjoy immediate savings compared to sticking with SP Group.

Step 3: Read The Fine Print

After you identified what seems like the best plan for you, you can visit the retailer’s website and download the Fact Sheet for the plan (or plans) that you have in mind. This Fact Sheet will summarise the key contractual terms and conditions of the price plan, such as contract duration, payment terms, security deposit, early termination charges and auto-renewal clauses.

Another document to look out for is the Consumer Advisory which outlines the important things that you should be aware of before signing up with a retailer. Retailers are required to obtain your acknowledgement before contracting you as their customer. For most of the plans, there is usually a security deposit required, and there are early termination and late payment fees you need to be aware of.

As with all contracts, read the fine print carefully and ask the retailer to explain any of the terms and conditions that you are unsure of.

Step 4: Look For Discounts And Promotions

In a bid to attract new customers, retailers have been offering referral discounts and other perks. Some of these are limited-time or limited-quantity offers, and they should not be the driving factor for deciding to sign with a particular retailer.

Ultimately, choosing your electricity retailer and plan is an important decision that you should make based on your needs, and not merely the free gifts on offer.

Read Also: Choosing The Most Suitable Home Loan In Singapore


Bonus: Best Open Electricity Market (OEM) Promotions And Deals

Information is accurate as of 01 May 2019. Promotions change all the time, so do check individual retailers’ websites for the latest deals at the time you intend to sign with your OEM retailer.

Best Electricity OEM Promotions

Here are the promotions offered by Best Electricity.

$20 bill rebate when signing up for any 24-month plan.

Additional 1% cash rebate when paying with POSB Everyday Card.

$50 air-con servicing voucher from Natural Cool when signing up for any 24-month plan at roadshows.

Diamond Electric OEM Promotions

Here are the promotions offered by Diamond Electric.

– All OEM plans come with complimentary Personal Accident insurance coverage of up to $20,000 by AIA.

– UOB customers who sign up for a new UOB Saver Plan and use their UOB card for recurring card payment to pay for their bills enjoy $34 in bill and card rebates. Limited to first 5,000 redemptions.

– Maybank customers who sign up for a new Maybank Saver Plan and use their Maybank credit/debit card for recurring card payment to pay for their bills can enjoy a special 25% discount off tariff rate and $24 in bill and card rebates. Limited to first 2,019 redemptions.

– Diamond Electric also has a referral programme that gives you $22.50 in bill rebates for every successful referred sign-up.

ES Power OEM Promotions

Here are the promotions offered by ES Power.

– Sign up for any plan and receive $20 in GrabGift vouchers, and an additional $5 if you choose to pay your electricity bills by GIRO.

Geneco OEM Promotions

Here are the promotions offered by Geneco.

– Use promo code GET78 to enjoy $78 in bill rebates. Green plan customers can use the promo code GET40 to enjoy a $40  bill rebate. Both promo codes are limited to first 5,000 sign-ups from 1 May 2019.

– NTUC members can receive 4,000 LinkPoints if they sign up for the Get It Fix 36 plan and use the promo code PLUSGENECO. If you don’t have an NTUC membership, you can receive a complimentary NTUC membership. Promotion valid till 31 October 2019.

– OCBC customers who sign-up for a Geneco plan and set up recurring payment with their OCBC card can enjoy $40 in cashback (limited to first 3,000 redemptions). Promotion valid till 30 June 2019.

– UOB One cardholders who set up recurring card payment for their Geneco bills can enjoy 5% in card rebates (additional 1% for 12 months) plus a $10 upfront card rebate ($10 rebate is limited to first 5,000 redemptions). Promotion valid till 30 June 2019.

– American Express customers who set up a recurring payment for their Geneco bill (minimum $10 spend) will receive $40 in cashback. Promotion valid till 30 June 2019, limited to first 30,000 redemptions.

Additional 1% cash rebate when paying with POSB Everyday Card.

Geneco has a referral programme that gives both the referrer and referee $20 in electricity bill rebates.

iSwitch OEM Promotions

Here are the promotions offered by iSwitch.

– Customers who set up a GIRO arrangement for their iSwitch bills can receive 25 points (equivalent to $2.50 in bill rebates).

iSwitch has a referral programme that gives 500 points (equivalent to $50 in bill rebates) to the referrer.

Keppel Electric OEM Promotions

Here are the promotions offered by Keppel Electric.

– When signing up for any 2 or 3 year plans using promo code KEPFIFTY, you can enjoy $50 in bill rebates and waiver of security deposit for Singaporeans and PR. Promotion valid till 30 June 2019.

– OCBC cardholders who sign up for a 2 or 3 year plan can enjoy a $50 bill rebate and an additional $15 in cashback when you use promo code OCBCKE65 and set up recurring payment to your OCBC debit/credit card. Promotion is valid till 30 June 2019, valid for first 3,000 redemptions.

– UOB cardholders who sign up for a 2 or 3 year plan can enjoy a $65 bill rebate when you use promo code UOBKEP65  and set up recurring payment to your UOB debit/credit card. UOB One cardholders enjoy an additional 5% rebate. Promotion is valid till 30 June 2019, valid for first 3,500 redemptions.

– Standard Chartered cardholders who sign up for a 2 or 3 year plan can enjoy a $65 cashback when you use promo code SCBKEP65 and set up recurring payment to your Standard Chartered credit card. Promotion is valid till 30 June 2019, valid for first 2,000 redemptions.

– Plus! members who sign up for a 2 or 3 year plan can receive 6,800 LinkPoints and security deposit waiver when using the promo code PLUS6800. Promotion is valid till 30 June 2019.

– Sign up for a 2 or 3 year plan at any M1 shop to enjoy 3 free months of M1 fibre broadband (worth $117) or free 25Gb of data over 24 months (total of 600GB) with purchase of a $5 Data Add-on. Promotion is valid till 30 June 2019.

– Sign up for a 2 or 3 year plan  and use promo code CGFREEWS to receive a free Waters Therapy Shower Set (worth $99) or CGREBATE to receive $30 in Town Gas rebates (for customers who have an active City Gas account).

Ohm OEM Promotions

Here are the promotions offered by Ohm.

– Enjoy between 50% or 25% off your second and third month’s electricity bills by using Ohm Now And Save – May 2019 promo codes. Limited to first 300 and 600 sign-ups respectively. The next 1,200 new Ohm customers can enjoy 25% off their second month’s electricity bills. Promotion expires on 16 May 2019.

Ohm has a referral programme that gives both the referrer and referee $20 in bill rebates each for every successful sign up.

PacificLight OEM Promotions

Here are the promotions offered by PacificLight.

– Existing American Express customers who set up a recurring payment for their PacificLight bill (minimum $10 spend) will receive $40 in cashback. New Amex customers who sign up and make a minimum charge of $1 within their first month enjoy $80 in bill rebate. Promotion valid till 30 June 2019.

– Use promo codes GOOD50  (when signing up for a 36-month plan) to receive $50 in bill rebates or DAY30(when signing up for a 24-month plan) to receive $30 in bill rebates. Both promo codes entitle you to 3 months of free Go Select subscription on StarHub Go. Promotion is valid till 15 June 2019, limited to first 1,000 redemptions.

– Customers who use GIRO or PayNow to pay for their PacificLight bills for 6 consecutive months stand a chance to win $388 in cash. Promotion is valid for new customers who sign up before 30 June 2019.

– Sign up for any PacificLight plan and stand a chance to win prizes like a iPhone XS (worth $1,889). Promotion is valid for new customers who sign up before 30 June 2019.

PacificLight has a referral programme that gives the referrer $32.10 in bill rebates, while referees enjoy $21.40 in bill rebates. Valid for successful sign-up of 24 or 36 month plans.

Sembcorp Power OEM Promotions

Here are the promotions offered by Sembcorp Power.

– All plans come with complimentary 12-month Great Eastern Home Insurance (worth $2,000).

NTUC members can receive bill rebates of $25 (for 12-month plans) or $80 (for 24-month plans). Valid till 30 June 2019.

– UOB customers who sign-up with Sembcorp Power and set-up recurring payment with their UOB cards can enjoy $40 in bill rebates (limited to first 2,500 redemptions). Promotion is valid till 30 June 2019. In addition, the first 5,000 UOB cardholders who SMS UTILITY<space>NRIC to 77862 receive additional $10 rebate when they charge their UOB Card  for their Sembcorp Power bills.

– American Express customers who sign-up with Sembcorp Power and set-up recurring payment with their Amex card (with minimum bill of $10) can enjoy $40 in bill rebates (limited to first 30,000 redemptions). Promotion is valid till 30 June 2019.

– Standard Chartered customers who sign-up with Sembcorp Power can enjoy $50 in cashback (limited to first 2,000 redemptions). Promotion is valid till 30 June 2019.

– New customers who use promo code KF2000 to sign up for a 24-month plan can receive 2,000 KrisFlyer miles (limited to first 1,500 redemptions). Promotion valid till 31 May 2019.

– New customers who use promo code SMARTHOME to sign up for a 24-month Fixed Price plan can receive a “smart home” package (worth $499), which includes 1 Google Home Mini, 2 Smart Sockets and 2 Magic Cubes. Promotion valid till 31 May 2019.

– All new Sembcorp Power customers will receive a redemption booklet with vouchers, coupons and deals from their partners.

Senoko Energy OEM Promotions

Here are the promotions offered by Senoko Energy.

– With the promo code OCGET40, OCBC customers who sign-up with Senoko Energy can enjoy $40 in bill rebates (limited to first 3,000 redemptions) and OCBC 365 cardholders can enjoy up to 3% in monthly rebates with minimum card spend of $800. Promotion is valid till 30 June 2019 for 12-month plans and longer, with recurring payment set up.

– With the promo code SC50, Standard Chartered customers who sign-up with Senoko Energy can enjoy $50 in bill rebates (limited to first 2,000 redemptions) with a minimum spend of $10 on their first electricity bill. Promotion is valid till 30 June 2019 for 12-month plans and longer, with recurring payment set up.

– With the promo code UOBSE35, UOB customers who sign-up with Senoko Energy can enjoy $35 in bill rebates (limited to first 2,000 redemptions) and UOB One cardholders can enjoy up to 5% in monthly rebates. Promotion is valid till 30 June 2019 for 12-month plans and longer, with recurring payment set up.

– Sign-ups from now till 31 May 2019 stand a chance to win 1 of 10 Philips robot vacuum cleaners (worth $799).

Sunseap OEM Promotions

Here are the promotions offered by Sunseap.

– Enjoy between 100%, 50% or 30% off your first full month’s electricity bill by using Sunseap’s “May Mayhem” promo codes. Limited to first 300, 700 and 1,000 sign-ups respectively. Promotion expires on 15 May 2019.

– UOB customers can enjoy $20 off your first month’s bill when you use the promo code SUNSEAPUOB40, and further $20 in bill rebates when you set up recurring payment with your UOB card, and an additional $10 bill rebate when you charge your Sunseap bill to your UOB card. Valid till 30 June 2019.

Sunseap has a referral programme that gives both referrers and referees $20 in bill rebates for every successful sign-up.

Tuas Power OEM Promotions

Here are the promotions offered by Tuas Power.

–  Sign up with code TPSAVE and get a $120 bill rebate. Promotion ends 31 May 2019.

– Enjoy complimentary Home Contents/Personal Accident/Travel insurance when you sign up for any Tuas Power plans.

– Plus! members will earn 1 LinkPoint for every 8 kWh used. In addition, the first 2,000 Plus! Members who sign up for a Tuas Power plan will receive 1,000 NTUC LinkPoints. Customers who are not currently Plus! members can choose to receive complimentary Plus! membership.

Additional 1% cash rebate when paying with POSB Everyday Card.

Tuas Power has a referral programme that gives referrers $20 in bill rebates and referees $20 in bill rebates ($30 for online sign ups).

Union Power OEM Promotions

Here are the promotions offered by Union Power.

Union Power has a referral programme that gives you $10 in NTUC/Sheng Siong vouchers for every successful referral.

Are there any other OEM promotions you noticed? Do let us know at [email protected] and we’ll be sure to add it in!

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