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7 Best Companies for Electricity Plans in Singapore [2023]

Electricity Plan Singapore

Best Electricity Plan Singapore
Best Electricity Plan Singapore

When you are living in Singapore, it is difficult to find the best electricity company. The government regulates rates and prices so there isn’t much competition among providers. But this doesn’t mean that you can’t get a great deal on your electric bill! Check out our list of the top 7 companies for electricity plans in Singapore [2022]!

1) Geneco

Geneco - Electricity Plan Singapore
Geneco – Electricity Plan Singapore (Credit: Geneco) 
Address450 Alexandra Road
#01-01 Singapore 119960
Phone6363 6677
Operating HoursMon to Fri 9:30 am to 5:30 pm

Geneco offers fixed-price contracts for six months, one year, and two years. In a fixed-price plan, you pay a set fee per kWh regardless of how much power you consume over the course of your contract. Geneco currently provides the cheapest fixed-price plan for six months as compared to all other energy suppliers in Singapore.

If you sign up for a six-month plan with them, your projected monthly cost may be as little as $79.20. Aside from providing the most fixed-rate plan, they also provide great rebates to their clients. Geneco is the ideal choice if you’re searching for a short-term contract.

Key Differentiators:

  • Sustainable
  • Fixed-price contracts
  •  50 years of industry experience

Customer Review:

The fastest way to sign up for the cheapest, most economical electricity plan in Singapore. The website is user-friendly, quick, hassle-free, and straight to the point. Lives up to the expectations of Power to Empower! Keep up the good job Geneco!

Dominic Hua

2) Union Power

Union Power - Electricity Plan Singapore
Union Power – Electricity Plan Singapore (Credit: Union Power)
Address25 Genting Road, #07-01, Union Energy Group Building Singapore 349482
Phone(65) 6858 5555
Operating HoursMon to Fri 9:00 am to 6:00 pm

Union Power offers a wide range of alternatives for homeowners and business owners looking to switch energy providers. Their one-year and two-year fixed-price electricity plans are some of the most cost-effective long-term contracts available. Aside from the inconvenience of switching electricity providers, consumers may rest confident in their power supply after the switch because it is both budget-friendly and reliable.

Key Differentiators:

  • Long-term fixed price contracts
  • Provides attractive electricity plans
  • Budget-friendly

Customer Review:

Switching over and signing up was smooth and effortless. My queries were replied to quite promptly as well via email. I have no reason not to recommend Union Power at this point. Consider using this referral code YEOC5062 to get $30 off when signing up.


3) Pacific Light Energy Pte Ltd.

Pacific Light Energy Pte Ltd. - Electricity Plan Singapore
Pacific Light Energy Pte Ltd. – Electricity Plan Singapore (Credit: Pacific Light Energy Pte Ltd.)
Address8 Jurong Town Hall Road,
12-01/06, The JTC Summit
Singapore 609434
Phone+65 6266 1188
Operating Hours Mon to Fri 9:00 am to 6:00 pm

In 2013, the company Pacific Light Energy Pte Ltd. Singapore opened its doors to Singaporean customers, providing them with efficient energy solutions. The power plant is active 24 hours a day and can provide electricity to thousands of homes in Singapore. The firm has been classified as one of the utilities that provide consumers with the greatest number of low-cost energy plans.

What stands out from their offers, however, is the one-year price cut on the standard rate electricity plan. Consumers will pay an estimated monthly cost of $77.64 with a 13.80 percent reduction.

Key Differentiators:

  • Affordable
  • Effective energy solutions
  • Offers a one-year discount for a regular tariff electricity plan

Customer Review:


4) Sembcorp Power Pte Ltd.

 Sembcorp Power Pte Ltd. - Electricity Plan Singapore
Sembcorp Power Pte Ltd. – Electricity Plan Singapore (Credit: Sembcorp Power)
Address0 Hill Street,
02-01, Singapore 179360
Phone+65 6727 8833
Operating HoursMon to Fri 8:30 am to 6:00 pm

Sembcorp Power Pte Ltd. is one of Singapore’s major electricity suppliers. They are recognized for their efforts in the area of sustainability and renewable energy advancement. They’ve received a number of accolades, including the Greentech Environment Award in 2020 and the 2021 Most Outstanding Company in Singapore in the Energy Sector (Asiamoney Asia’s Outstanding Companies Poll). If you want to buy energy from them, you can select from one of their fixed-rate plans, which are some of the most cost-effective alternatives available. You may expect to pay as little as $81 per month no matter how long you plan on using their service or if you just want to test it out for six months.

Key Differentiators:

  • Uses renewable energy
  • Affordable
  • Short-term to long-term plan offers

Customer Review:

Decided to opt for Sembcorp upon reading all the rave reviews. Seamless transition and a pleasant user experience thus far.

WeeCheng Lee

5) Senoko Energy

 Senoko Energy - Electricity Plan Singapore
Senoko Energy – Electricity Plan Singapore (Credit: Senoko Energy)
Address31 Senoko Rd, Singapore 758103
Phone1800 688 8888
Operating HoursMon to Fri 8:30 am to 5:30 pm

Senoko Energy has been recognized as a pioneer in Singapore’s energy sector. They provide around 20% of Singapore’s power requirement using their services. Senoko Energy is well-known for its dependability and trustworthiness, having received several worldwide global certifications including ISO 50001 for an energy management system, ISO 9001 for a quality management system. The longer-term deals for reduced-price off the regular rate are the greatest alternatives among their available energy plans. Consumers may anticipate paying an estimated monthly cost of $80.16 for one to two years with an 11% discount.

Key Differentiators:

  • Excellent management system
  • Cheaper long-term electricity plan
  • On-time billing

Customer Review:

Previously I was under Ohm and after Ohm stopped operations I extensively studied the remaining electricity retailers and their rates. Senoko is the best by far in my opinion. Sign-up was easy and offered the best rebates and rates!

Liana Chia

6) Tuas Power Supply

 Tuas Power Supply - Electricity Plan Singapore
Tuas Power Supply – Electricity Plan Singapore (Credit: Tuas Power Supply)
Address111 Somerset Road #11-09, TripleOne Somerset, Singapore 238164
Phone838 6888
EmailClick here
Operating HoursMon to Fri 9:00 am to 5:30 pm

The “discounted off the regular tariff” price is another frequent way for businesses to price their electricity plans. This implies you may receive a 20% discount off of SP’s regulated rate per kWh. Tuas Power Supply gets the glory in this category, with the lowest prices available not just for six-month agreements but also for one-year

For a six-month contract, you save 16 percent off your monthly bill, for an expected monthly cost of $75.66. Homeowners, on the other hand, benefit from an even larger discount for the one-year contract, with an estimated monthly cost of just $73.86 at an 18% reduced price.

Key Differentiators:

  • Cheapest rates for the 24-month contract
  •  Reliable electricity supply
  • High rebates

Customer Review:

I am glad to choose Tuas Power. With excellent customer service to attend to my queries. Ease to sign up even online. Plus no confusion from bill separation and also no 5 dollars monthly charges for paper bills. Perfect and thumbs up Tuas Power.

Peter wang

7) Keppel Electric

Keppel Electric - Electricity Plan Singapore
Keppel Electric – Electricity Plan Singapore (Credit: Keppel Electric)
Address1 HarbourFront Avenue, #06-03 Keppel Bay Tower, Singapore 098632
Phone(65) 6803 3000
Operating HoursMon – Fri: 9am – 6pm

Keppel Electric is Singapore’s first locally owned electricity retailer. They are a steady power supplier to you, having 20 years of expertise delivering power to the island’s energy grid. On some plans, they provide a lower rate for nighttime usage at $0.2040 per kWh.

Keppel Electric’s two-year contract may be a good fit if you want to eliminate the trouble of renewing contracts on a more frequent basis.

Key Differentiators:

  • Great for commercial spaces, residential properties, and government establishments
  • Attractive discounted offers
  • Second ranking company with the cheapest two-year discounted off

Customer Review:

The customer service provided by Sherman was excellent! He was prompt in helping me with my account matters and explained things clearly and patiently. Keep up the great service!

Flora Ang

Electricity Plan Singapore

It’s hard to find the best electricity company in Singapore. Especially when there are so many different factors that need to be considered, like pricing and discounts for short-term or long-term plans. That said, we hope you found this article useful as it has highlighted some of the top electricity companies in Singapore with their pros and cons. We also provided an overview of what consumers should look out for before signing up for any electricity plan – whether they’re looking at a one-year contract or six months.

We hope you have gained a piece of knowledge or two with this list. If you are interested to read more interesting articles, check out some of our blog posts below!