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

Veron4

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Hi, what is the geneco email if any or call their hotline is better regarding not to take up their renewal contract?
 

u5ername

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17.98 cents

20% higher than sp wholesale
:)

Will probably have to take into account the free voucher or rebates from signing. Last month rebate/ntuc vouchers were more than 100. Then depending on usage, see which ones more worth.
Hopefully the wholesale doesnt fluctuate or spike too much. I haven't tried it myself but the pricing looks good currently.
 

hellomeister

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I come in here infrequently just to follow up on what's happening. So my contract ending in March and if the thread is closed for a week again means I lose out on that week's worth of knowledge sharing?

Why punish the whole thread instead of banning those who share codes?
I'm fine with those who request and receives it via pm. Ban those who share publicly.

Right now I understand lowest should be Best and Tuas but not integrated billing. Anything else to look out for. Prefer 12-18 months

Posted from PCWX using Pixel 4a
 

gregory_choo

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Will probably have to take into account the free voucher or rebates from signing. Last month rebate/ntuc vouchers were more than 100. Then depending on usage, see which ones more worth.
Hopefully the wholesale doesnt fluctuate or spike too much. I haven't tried it myself but the pricing looks good currently.

$100 rebate for 2 year contract is about $5 per month. Good for those with very very very low usage.
 

Devilsire

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$100 rebate for 2 year contract is about $5 per month. Good for those with very very very low usage.

Was $130 rebate~$5.40/mth i.e avg $0.149-0.168/kWh depending on monthly usage of 200-500kwh

Currently rebate dropped to $88, ~$3.66/mth i.e avg 0.16-0.17/kWh

As mentioned, yes most of the time SPWS is likely to be cheaper. OEM fixed rate is akin to a 2 year insurance/savings policy where one "hedge" against rising tariffs, and unexpected real-time surge pricing which cannot be avoided from SPWS. Especially if using AMI and kena high consumption during any peak surge, the 10x tariff rate can wipe off any past savings + top up.

Even though yes SPWS is non-contractual and one can switch to OEM any time should the tariffs rise. However by then, the fixed prices OEM offering will also increase by then based on the on-going rising tariff rates.


Posted from PCWX using Redmi Note 9 Pro
 

caniggia

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Guys I'm looking to switch to SPWS load profile. What are the charges will I be looking at?
Like deposit amt with SP, monthly meter reading charges etc?
Please advise thanks!
 

Ottoke

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I come in here infrequently just to follow up on what's happening. So my contract ending in March and if the thread is closed for a week again means I lose out on that week's worth of knowledge sharing?

Why punish the whole thread instead of banning those who share codes?
I'm fine with those who request and receives it via pm. Ban those who share publicly.

Done that and it isn't working. So tell me what other alternatives do you propose?

O
 

harky

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sp wholesale is it cheap for general use? I now using sp normal.
 

destrier

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Maybe can try indicating in the thread title 'no referral' like in the qoo10, shopee, etc threads. Seems to be working well.

Why would the power to the whole block/neighborhood be cut off for more than a week, when certain offending units decide to keep sending out invites for their noisy dance rave parties at home?
 

gregory_choo

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Guys I'm looking to switch to SPWS load profile. What are the charges will I be looking at?
Like deposit amt with SP, monthly meter reading charges etc?
Please advise thanks!

deposit is about $100, but most likely you don't have to pay because you will get refund from your old sp account.

meter reading is about 2-3 dollars.
 

qcy888

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My SPWS bill for Jan 2021: $49.92. Usage = 340.50 kWh.

Rate = $0.1466

:s12:
 

hfngshnll

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Guys I'm looking to switch to SPWS load profile. What are the charges will I be looking at?
Like deposit amt with SP, monthly meter reading charges etc?
Please advise thanks!

SP security deposit amount depends on housing types.
reference : https://www.spgroup.com.sg/faq?getQues=security+deposit

SP security deposit amount split between electricity and non-electricity is 65% & 35%. reference : https://www.openelectricitymarket.sg/residential/faqs/security-deposits faq no.7.

SP standard bill vs wholesale bill sample here :
https://www.spgroup.com.sg/wcm/conn...rstanding+Your+Utilities+Bill.pdf?MOD=AJPERES
 

Nickypigu

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Hi, what is the geneco email if any or call their hotline is better regarding not to take up their renewal contract?

Their Facebook messenger not responsive. Ask them about promotion for renewal no answer.
 

Veron4

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Their Facebook messenger not responsive. Ask them about promotion for renewal no answer.

I called their hotline but wait for too long never pick up. I email them info@geneco.sg but dunno can reply me asap or not.
 

caniggia

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deposit is about $100, but most likely you don't have to pay because you will get refund from your old sp account.

meter reading is about 2-3 dollars.

Thanks. So even with load profile there is still meter reading charges monthly?

Currently with geneco, they told me since my contract end on 18 march, i need inform them 1 month earlier meaning lastest by 18 feb to decide whether to stay or switch. So i just call them to switch to SPWS on 19 march and they will do the rest?
 
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