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Which electric OEM is value for money?

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Old 19-02-2019, 10:20 PM   #1
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Which electric OEM is value for money?

Askin here in SSI for the more mature group feedback and no hard selling?
Do you consider the OEM firm size?
The one-time rebates?
The credit card rebates?
Waiting for the next tariff ratess?
Sticking with SP?
Does picking one even matter, difference of a few dollars?
Feedback those switched, how fast they process, any issues encountered?
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Old 20-02-2019, 01:16 AM   #2
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I choose mine based on

1) Size of company
- Senoko is largest
- Geneco is second
- Keppel and Sembcorp somewhat govt linked

2) No need for security deposit
- Sembcorp need security deposit so OUT

3) Rebates
- Most of them have rebates ranging from $20-70

Btw I chose Geneco, if u require referral code, I can pass to u. I also have seneko referral (my friend signed with them)

Mine processed within 2 weeks of application. No issues at all with the application

Last edited by blurpandasg2014; 20-02-2019 at 01:19 AM..
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Old 20-02-2019, 06:47 AM   #3
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Carbon offsets. At some point the government is introducing carbon taxes anyway, so even if you donít care about the planet (you should) youíll be required to care in some sense, and thatíll affect your electric bill ó or not if youíve already anticipated it. So toss that one into your list of considerations.
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Old 20-02-2019, 07:22 AM   #4
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I applied for sembcorp, paid e deposit using credit card. SP will refund me the deposit for elect so end of e day I feel it's even better. I can boost my credit card spending.

Not sure why r ppl so against paying deposit... Maybe it's bcos of bad experience with bike sharing companies? Btw EMA requires e retailers to place all deposit money into some secured deposit which companies can't use.

I choose mine based on

1) Size of company
- Senoko is largest
- Geneco is second
- Keppel and Sembcorp somewhat govt linked

2) No need for security deposit
- Sembcorp need security deposit so OUT


3) Rebates
- Most of them have rebates ranging from $20-70

Btw I chose Geneco, if u require referral code, I can pass to u. I also have seneko referral (my friend signed with them)

Mine processed within 2 weeks of application. No issues at all with the application

Last edited by madtari; 20-02-2019 at 07:29 AM..
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Old 20-02-2019, 03:15 PM   #5
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I switched to Ohm, their Cust Service is prompt in answering queries ... on email, FB etc
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Old 20-02-2019, 09:34 PM   #6
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I also chose ohm. If u need referral code to get $20, can pm me
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Old 20-02-2019, 09:51 PM   #7
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I applied for sembcorp, paid e deposit using credit card. SP will refund me the deposit for elect so end of e day I feel it's even better. I can boost my credit card spending.

Not sure why r ppl so against paying deposit... Maybe it's bcos of bad experience with bike sharing companies? Btw EMA requires e retailers to place all deposit money into some secured deposit which companies can't use.
I against paying deposit becos the rates is quite similar among the retailer...
So given Retailer A (No deposit) vs Retailer B (Need deposit), i will choose Retailer A...

unless Retailer B rates is at least 10% lower than Retailer A, then i dont mind paying for deposit...
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Old 20-02-2019, 09:52 PM   #8
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My first requirement is same billing as Sing Power to save me the hassle from another piece of billing.

As my household isn't a large electricity user, most of the plans would result in similar savings. So, I will most likely go for the easiest plan to understand and compare.
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Old 20-02-2019, 09:54 PM   #9
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Askin here in SSI for the more mature group feedback and no hard selling?
Do you consider the OEM firm size?
The one-time rebates?
The credit card rebates?
Waiting for the next tariff ratess?
Sticking with SP?
Does picking one even matter, difference of a few dollars?
Feedback those switched, how fast they process, any issues encountered?
Maybe you can read the below 2 links first as a base:
1) https://blog.seedly.sg/electricity-r...-in-singapore/
2) https://compoundingdividendxdividend...ty-market.html
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Old 20-02-2019, 10:09 PM   #10
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I applied for sembcorp, paid e deposit using credit card. SP will refund me the deposit for elect so end of e day I feel it's even better. I can boost my credit card spending.

Not sure why r ppl so against paying deposit... Maybe it's bcos of bad experience with bike sharing companies? Btw EMA requires e retailers to place all deposit money into some secured deposit which companies can't use.
For geneco, the security deposit on SP side will also be refunded. However, not needing to pay geneco a security deposit would mean less cash outlay on my side
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Old 21-02-2019, 07:11 AM   #11
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My first requirement is same billing as Sing Power to save me the hassle from another piece of billing.

As my household isn't a large electricity user, most of the plans would result in similar savings. So, I will most likely go for the easiest plan to understand and compare.
Ohm is the same billing with SP so no need to bother with different bills. The deposit remains.
The billing period for the electricity is one month behind. My Feb SP bill shows Jan ohm bill.
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Old 21-02-2019, 07:30 AM   #12
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Ic. For me my main consideration is rebate, low fixed price and separate billing. Was looking at ohm, Geneco n sembcorp. Ended up choosing sembcorp for $60 rebate. I could have gotten $110 if I try to stack the different promo but I don't want to risk rebate kenna voided.

I against paying deposit becos the rates is quite similar among the retailer...
So given Retailer A (No deposit) vs Retailer B (Need deposit), i will choose Retailer A...

unless Retailer B rates is at least 10% lower than Retailer A, then i dont mind paying for deposit...
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Old 21-02-2019, 10:33 AM   #13
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An article back in Jan mentioned TLF. It adds 3.4% to the bill and 4 companies are passing this cost to consumers. keppel/Sembcorp/senoko/pacific light
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Old 21-02-2019, 10:35 AM   #14
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My first requirement is same billing as Sing Power to save me the hassle from another piece of billing.

As my household isn't a large electricity user, most of the plans would result in similar savings. So, I will most likely go for the easiest plan to understand and compare.
That would be Tuas Power, which I went with for the convenience of same billing as SP. Also helps that the signup gift is pretty relevant to my actual needs.
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Old 21-02-2019, 11:37 AM   #15
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An article back in Jan mentioned TLF. It adds 3.4% to the bill and 4 companies are passing this cost to consumers. keppel/Sembcorp/senoko/pacific light
I signed up with sembcorp, recall them absorbing the TLF.
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