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

[artered]

Now the usep for 30 mins for 10.00 to 10.30am is 3510.24 which is $3.51 per kw/h of electricity used during this 30 mins new high omg just got to tahan till tonight midnight before my switch from spws to senoko knn if not whole chicken take back lo

 

[Gladescent]

Suddenly being force out from iSwitch. Now the market lowest is 0.22 (Fix rate). Felt so cheated Suck it up and look for new retailer liao.

 

[thepillow]

if only there were lesser unplanned maintenance.. and more supply from the generators..

 

[andyhtc]

That's probably why iSwitch cannot sustain. It is effectively subsidising its customers and running into huge losses.

 

[wongminmin]

erm..... their reply.......

You need to give minimum 5 business day to switch back to regulated tariff rates.

 

[Ark Law]

Suddenly being force out from iSwitch. Now the market lowest is 0.22 (Fix rate). Felt so cheated Suck it up and look for new retailer liao.

Semo angry, be glad still got retailers offering lower than regulated tariff given the current market conditions. Another week of electricity market at these prices, and all retailers will be offering rates higher than regulated tariff like Geneco while you see Ohm, Diamond, Best, Union and Sunseap announce OEM exit

 

[artered]

erm..... their reply.......

better quickly go check if any oem offering earlier jump dates ytd senoko gave me 1 working day lead time I quickly sign with them else these few days u gonna pay $10-$100 per day of electricity depending on your usage and give back all your savings u had over the past few months with spsw

 

[wongminmin]

better quickly go check if any oem offering earlier jump dates ytd senoko gave me 1 working day lead time I quickly sign with them else these few days u gonna pay $10-$100 per day of electricity depending on your usage and give back all your savings u had over the past few months with spsw

senoko

 

[Gladescent]

Semo angry, be glad still got retailers offering lower than regulated tariff given the current market conditions. Another week of electricity market at these prices, and all retailers will be offering rates higher than regulated tariff like Geneco while you see Ohm, Diamond, Best, Union and Sunseap announce OEM exit

tio tio... moi quickly jumping ship now

 

[limck]

erm..... their reply.......

from SPWS?

 

[andyhtc]

Last time US came out with cheap sand oil, Saudi Arabia flooded the market with oil until oil price collapsed and drove the US sand oil companies out of business.

Is this round due to the Gencos restricting supply to drive up the electricity prices to force the retailers out of business?

 

[lnrccn]

si bei **** liao lor..
submitted in end sep supposedly port to Tuas power 20 Oct, they change to 22 Oct..
now LLST sia.. avg each day near 30kwh..

 

[Shutterbox]

whats the retail now for those who haven't switched ah?

 

[Ark Law]

whats the retail now for those who haven't switched ah?

Regulated Tariff - $0.2580
Tuas Power - $0.2218 / 8.8% DOT
Pacific Light - $0.2250 / 13.8% DOT
Senoko - $0.2250
SembCorp - $0.2320
Keppel - $0.2500 / 9% DOT
Geneco - $0.2590

 

[Mebeater]

compiled the sp wholesale daily rates using data from EMC SG for oct and u can see the trend is upwards esp 12th onwards omg

Means on 12th October you pay an average of $1.59/kWh? Am I understanding it correctly?

 

[Shutterbox]

Regulated Tariff - $0.2580
Tuas Power - $0.2218 / 8.8% DOT
Pacific Light - $0.2250 / 13.8% DOT
Senoko - $0.2250
SembCorp - $0.2320
Keppel - $0.2500 / 9% DOT
Geneco - $0.2590

whats DOT?

 

[Ark Law]

whats DOT?

Discount Off Tariff

 

[crazycow]

For those iswitch ppl, can jump ship now and which ship to jump to?

 

[yang_nastyman]

wah seems like there will be a bill shock soon

i think facebook will start to have lots of complains and people posting bill of $1k-$2k next month.

utterly ridiculous.

 

[Ark Law]

wah seems like there will be a bill shock soon

i think facebook will start to have lots of complains and people posting bill of $1k-$2k next month.

utterly ridiculous.

Only bill shock for those who stuck on SPWS. And for people on SPWS, they ought to have been aware of USEP behaviour (the underlying cost contributor) especially since July.