Is discount off tariff or fixed plan better? How to decide which is more suitable for me? Tried the calculator and DOT seems cheaper, are they other factors to look into? Any referral or promo?

You have to see what type of user you are as well. If you are one who doesn’t use much consumption, not bothered about following electricity tariff changes and not prone to changing rates, take the fixed plan. If you’re one who have the assumption that future rates may decrease, you may opt for the DOT. However, I used to sell electricity plans for a retailer and I can assure you that OEM retailers cannot sell their electricity higher than SP rates no matter what. Also, if the fixed rates are anywhere between 0.16-0.17 cents, take that over the DOT and choose a 2 year plan over 1/3 years as your safest bet.

Hi there!

Generally, there isn't a best plan. For a fixed price contract, your contract rate remains the same throughout the contract period and the quarterly revision does not affect your rate at all. For a discount off tariff price plan, the regulated tariff is revised every quarter but you can be guaranteed that you will always be paying a rate lower than the regulated tariff during the contract period.

For Different retailers, they will have different strengths. For example, Ohm Energy provides you with the fuss free approach where everything is done online. Your bills are also consolidated and remains the same. Your payment arrangement also remains the same if you are on GIRO currently.

We do not think that rate counts for everything. Some of the points that you should look out for is:

a) If your retailer is responsive to your queries if you have any. Are they contactable.

b) If the sign up process is convenient

c) Terms and Conditions and if there are any other hidden clauses

d) Renewal Terms - You may be renewed on a worse off rate on renewal if you forget.

The current Promotions for New Ohm customers (https://www.ohm.sg) are:

1) 3 months trial:

If you are a new customer of Ohm, the first 3 months under your contract(Fixed Ohm or Ohm Discount) is considered your trial period. You will be able to terminate your contract with us without incurring any early termination fee

2) Referral Program:

If you do not already have a referral code, you can use this promo code OHMREF232672 while signing up with us to enjoy $20 off your first electricity bill with Ohm.

After signing up with us, you will get your own referral code. If your friends/family signs up with us using your referral code, you will get addition $20 credit for your electricity bill per referral. You can potential save a lot more for your electricity bill and there is no cap for this.

If you do use UOB cards to make payment, you may take up this promotion: https://ohm.sg/news

At point of sign up, you can only use 1 promotion code.