Open Electricity Market (OEM) [NO SHARING/REQUEST OF CODES] - Part 5

[Bam25th]

Sian, I see this thread I scared. So I panic buy went to renew my Geneco at $0.208 for 2 years fixed. My old price was $0.169…. Almost 20% increase.

My plan expiring in Nov, but geneco allow renewing now to lock in price, but the new 2 year plan only starting in Nov.

 

[Tofulamb]

Is it better now to go on fixed 24 months or discount off tariff?

 

[Devilsire]

consolation is that SPWS Aug's spike average billing of 0.25/kwh is still near regulated SP quarterly tariff rate.
the real bomb will be when the spike is similar to what happened overseas where a shocker bill arrives

 

[tazy_tazy]

mine SPWS also spike to 24cents now. Not sure whether to change or remain.....

 

[luei74]

Very stressful waiting for moi August bill

 

[hfngshnll]

august 1st week very high, look at the y-axis scale !!!, carried over from the last week of july, which was also very high.
august 4th week, went back to the low 10s.
can roughly see the USEP average for august.

https://www.emcsg.com/n495,87.html#AS_dtr

 

[Residentvigilante]

now want to change to ohm also high rates about 23.38 per kwh.more than sp whoelsale how to cchange? any other company offering loweer?

 

[Devilsire]

now want to change to ohm also high rates about 23.38 per kwh.more than sp whoelsale how to cchange? any other company offering loweer?

last i checked there are still some OEM offering fixed $0.21/kwh on 24-36mths. After factoring bill rebates of $50-80 + referral $20, average out around 0.19-0.20/kwh

 

[Residentvigilante]

I am not changing yet to see next few months how is it , wholesale might still be cheaper

 

[twosix]

august 1st week very high, look at the y-axis scale !!!, carried over from the last week of july, which was also very high.
august 4th week, went back to the low 10s.
can roughly see the USEP average for august.

https://www.emcsg.com/n495,87.html#AS_dtr

now drop to around $0.10/kwh. back to normal?

 

[gregory_choo]

oem make money from the difference between wholesale price and their prices, so wholesale has to be cheaper.

 

[Residentvigilante]

oem make money from the difference between wholesale price and their prices, so wholesale has to be cheaper.

so should not change and wait and see first

 

[Inediblebulk]

My latest spws rate is $0.27/kwh gst included

 

[doreen27]

my lastest bill is $0.2613 after gst, new meter though.
my usage never change but billed usuage seems to be higher..
are ur also facing such issues?

 

[Phases]

I am not changing yet to see next few months how is it , wholesale might still be cheaper

unlikely, oil price will either stable at current price or move up, unlikely to drop.

 

[eyz]

I'm on SP wholesale.

if I switch to 3rd party provider, will it be any cheaper??l

my peak period usage is twice the off peak period.

 

[Devilsire]

unlikely, oil price will either stable at current price or move up, unlikely to drop.

if the price is to be stabilized at aug rate, can foresee a big jump for coming regulated tariff rate in Oct, as well as all OEM rates



Sent from Poco F3 using EDMWER app!

 

[chongpang]

Is it true that spws will always be cheaper than OEM coz OEM buy from spws then charge us higher?

 

[Residentvigilante]

Is it true that spws will always be cheaper than OEM coz OEM buy from spws then charge us higher?

Shoud be

 

[Tofulamb]

Should I opt for AMI or SRLP? AMI needs $42 installation. Justfiable?