Extra energy invoice sticker shock forward as open electrical energy market retail charges now near SP tariff

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SINGAPORE – For the primary time because the electrical energy market in Singapore was totally liberalised in 2018, the fixed-price plan charges provided by some retailers are trying much less aggressive vis-a-vis nationwide utility SP Group.

Potential financial savings of as much as 30 per cent on energy payments that have been as soon as provided by greater than 12 open electrical energy market (OEM) retailers are not a perk for these renewing or signing up for brand new value plans, as a consequence of surging wholesale electrical energy costs.



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