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Anonymous

26 Oct 2020

Saving Hacks

How does Singapore’s electricity market work?

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Ohm

26 Oct 2020

How does Singapore’s electricity market work?

Generation companies offer electricity at half-hourly Wholesale Rates in the wholesale electricity market. The Wholesale Rates will change based on the demand and supply of electricity.

Electricity retailers, like Ohm, buy electricity in bulk from the wholesale electricity market, and bundle them into various price plans for everyday consumers.

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