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HL Low

11 Dec 2020

Saving Hacks

How reliable is Tuas Power? What are the different type of contract and how to choose the one matches you?

How can I choose the right Tua Power contract?
As I have saw online that there are a few type of contract.

Standard Fix Price Plan
Non-Standard Price Plan
Discount Off Traiff Plan

Currently based on my SP app my average electricity usage is 546 kWh cost around $125.20 a month. So which one should I choose and will it auto renew after the contract ended?

Discussion (1)

What are your thoughts?

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Hi there! I can suggest to you to take a fixed price plan ! Tuas power has the best ratings of any electricity retailer on seedly’s platform. However I suggest that you compare 3 factors:

(1) Cost of plan
(2) Duration
(3) Reliability

No one has a special attachment to their electricity provider so firstly, go for cheapest offers. However, the cheapest options these days may be shortest duration and when energy prices increase in future, you might be paying increased fixed prices when you renew your contract. Reliability can be anything from billing to customer service and additional hidden charges in your contract that you may be unaware about. My suggestion, go for something that is mid-term (12-24mths), cheapest price plan that has no service fees. If you’re still on SP, I suggest waiting till the new year, usually around Christmas, New Year & CNY, you’ll see retailers giving high rebates and attractive price plans to lure customers in. If you can wait, wait for them to come.

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