Asked on 04 May 2019
If I were to switch to another retailer, what happens then? I'm quite confused
This is a very common question asked by those who're looking at the open electricity market. Also, I'm presuming you're asking about the Advanced Metering Infrastructure (AMI) meter.
Lucky for you, I have an unhealthy obsession with understanding everything there is about the electricity industry.
The short answer is: No, because everyone will get an AMI meter eventually.
About the AMI Meter
According to Energy Market Authority (EMA) Singapore, advanced meters or AMI meters allow electricity consumption to be measured digitally at half-hourly intervals.
If you’re wondering, “Wait a minute. Then how is SP Group currently taking electricity readings?”
Well… It’s done manually. cue gasps
An SP Group rep comes down personally, once every 2 months to take a reading via your analogue meter. The first month is an estimation of your consumption, while the second month will be accurate to the reading taken.
The new AMI meter will eliminate the need for physical readings to be taken because everything will be done digitally. And just in case you’re wondering what an AMI meter looks like:
Also, here are some commonly asked questions:
1) Do I Need To Install An AMI Meter If I’m Switching To An Electricity Retailer?
No. It’s completely optional.
In fact, I contacted SP Group and learnt that in the not too far-off future there will be a nationwide upgrade of analogue meters to AMI meters.
2) How Much Does It Cost To Have An AMI Meter Installed? And How Do I Go About Doing It?
If you wish to have an AMI meter installed, you can apply for it through your chosen electricity retailer.
In turn, they will work with SP Group to install the AMI meter for you. It will cost you $42.80 (after GST) regardless of which retailer you approach for the AMI meter installation.
3) Can I Have An AMI Meter Installed If I’m Still On SP Group?
You can only choose to have an AMI meter installed IF you choose to purchase electricity from the open electricity market. If you’re sticking to SP Group, then you’ll just have to wait for the eventual upgrade – which is free by the way – to get an AMI meter.
4) How Do I Know If I Have An AMI Meter Currently Installed On My Premises?
Erm... Just go outside and look? jk jk...
If you’re still unsure after looking at your electricity meter, all you have to do is contact SP Group at [email protected] or 1800-233-8000 to find out.
And hey, if you're interested in reading more about the stuff which the electricity retailers DON'T tell you (they're always only screaming about their prices 🙄), here's an article which you might like to read: https://blog.seedly.sg/oem-electricity-retailer-terms-and-conditions/
Not required as per salesman explanation.