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

[a4973]

No lah, SP WS tariff doesnt depend only on people like us who choose SP WS. It depends on the entire demand for electricity from the whole of Singapore.

People like us who subscribe directly to SP WS are a bit like going directly to the vegetable farm and buying fresh veggies instead of buying from NTUC Fair price. But we are a small fish, it is still NTUC Fair price demand and supply that determines the veggie prices.

True but since OEMs also buying at WS rate then add in consumer going directly for WS as well wouldn't the overall demand increase?

 

[revhappy]

True but since OEMs also buying at WS rate then add in consumer going directly for WS as well wouldn't the overall demand increase?

No. We are not increasing the demand, we are only switching from OEM/SP retail to SP Wholesale. That doesn't increase the overall demand. Overall demand increase happens if the OEMs, SP retail and SP WS, combine increase our consumption.

Consumer going directly to SP WS is just a bypassing mechanism, doesnt impact overall demand/supply.

 

[a4973]

No. We are not increasing the demand, we are only switching from OEM/SP retail to SP Wholesale. That doesn't increase the overall demand. Overall demand increase happens if the OEMs, SP retail and SP WS, combine increase our consumption.

Oh yes! Thanks for clarifying so going to sp ws is like bypassing the middle man.

 

[revhappy]

Oh yes! Thanks for clarifying so going to sp ws is like bypassing the middle man.

Yes indeed

 

[a4973]

Yes indeed

And if all the middlemen lose their critical mass that keeps their business viable, we'll all be back under SP?

 

[sokushinbutsu]

Given the half hourly price data from National Electricity Market of Singapore (NEMS) that contains
($/MWh) USEP
($/MWh) AFP
($/MWh) WEP
($/MWh) HLCU
($/MWh) MEUC
($/MWh) EMC Price Cap Fees
($/MWh) EMC Price Adj Fees
($/MWh) PSO Fees
($/MWh HEUR

How do i calculate each of the field in a sample bill like this if I have the half hourly usage data of a house?

Anyone knows?

 

[chaiscool]

And if all the middlemen lose their critical mass that keeps their business viable, we'll all be back under SP?

As long Oem rate is lower than sp retail, middleman business is still viable. Not everyone can afford the risk of WS so fixed rate is better for them - oem like insurance haha

 

[dappermen]

Given the half hourly price data from National Electricity Market of Singapore (NEMS)
How do i calculate each of the field in a sample bill like this if I have the half hourly usage data of a house?

Anyone knows?

using this: add the sub-items up $60+ & then divide by usage ie 434...kwh = is the ans!

 

[light84]

I on SP wholesale with no AMI meter

Dec bill is on 16.54c / kWh , still cheaper SP tariff of 22.31c / kWh

Must thank 63%

 

[jkohlc2]

this month a bit higher

 

[Devilsire]

Initially wanted to try out SPWS too due to the attractive rates shared in here for mar-sep. However due to the recent increasing rates (one off maybe?) and based on my lower usage, I suspect I won't benefit much from it to avergaedown the peak & fixed costs.

Signed with Tuas power in the end for fixed rates of 14.9-15.8cents/kWh (after taking into account rebates) based on my usual average monthly usage. Don't have to monitor tariffs anymore, thanks & cya guys in 2 years

Posted from PCWX using Redmi Note 9 Pro

 

[dappermen]

how is your monthly usage like ? less than 200 kwh??

you live alone?

 

[dappermen]

this month a bit higher

pls conte to share again for those bills in 2021.........


still lower than my sembcorp

 

[Devilsire]

how is your monthly usage like ? less than 200 kwh??

you live alone?

180-280

Posted from PCWX using Redmi Note 9 Pro

 

[kottty]

my Dec bill come liao.

used 816 kwh total $128.6
=$0.157

Sent from POCO X3 using GAGT

 

[dappermen]

my Dec bill come liao.

used 816 kwh total $128.6
=$0.157

816kwh?? u have a big family?

0.157 is after GST?

 

[kottty]

816kwh?? u have a big family?

0.157 is after GST?

yes after gst..5adult 2 kids 5RM

Sent from POCO X3 using GAGT

 

[Smokey.B]

i am on geneco, contract ends in march

how do i switch to SP wholesale?

thanks!

 

[dappermen]

i am on geneco, contract ends in march
how do i switch to SP wholesale?
thanks!

just tell Geneco in advance, they will arrange........

 

[Smokey.B]

just tell Geneco in advance, they will arrange........

nicely thank u very mcuh