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What is fixed ohm and month ohm?

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Ohm Energy

09 Jan 2020

Representative at Ohm Energy Pte Ltd

Hi Johnny,

Fixed Ohm is similar to a fixed priced contract - This also means that you will be in a contract. Fixed rate means that the price per kWh remains the same throughout the contract period. The revision of the Regulated Tariff will not affect your rate when you are within the contract period. However most household consumption varies so take that monthly consumption multiply by the rate. That gives you your monthly electricity bill. (Consumption in kWh*$X)

For Market Ohm - Essentially we pass on the energy component and all third party charges to you without any markup. Market Ohm is a no contract price plan so we charge a small monthly fee for the flexibility of the contract. (Market Ohm is Wholesale Market Energy prices + all third party charges + monthly fee)

Wholesale rates is also known as the Uniform Singapore Energy Prices (USEP), this is calculated every half-hourly and you can find our more about this at www.emcsg.com

3rd party charges consists of Transmission Licensee's Charges, Market Operating charges and Market Support Service Charges.

We do offer a price-cap Option as going on wholesale prices means that you are subjected to price hike. This monthly cap that we offer is optional and can be added to your Market Ohm Price Plan. For less than a cent per kWh, you will never pay more for your electricity than you would have paid on regulated tariff (Energy component only)

Let us know if you have more questions. You can reach out to us via our customer care email at [email protected] or via our facebook messenger.

#TeamOhm

I don't think there is such a thing as month ohm. Should be typo error or autocorrect from Market Ohm.

How does Fixed Ohm work? It’s a Price Plan that guarantees you a fixed electricity rate (cents/kWh) throughout a fixed Supply Term. Your monthly electricity bill will be your electricity usage multiplied by your contracted fixed price during the Supply Term. Should you decide to terminate your Agreement before your Supply End Date, there will be a charge an Early Termination Fee.

How does Ohm Discount work? We take the SP Group Regulated Tariff, apply a discount, and give you the resulting electricity rate (cents/kWh). Do note that SP Group’s tariff changes quarterly, while our discount rate (%) is fixed throughout your Supply Term. Right now this is the best plan from Ohm at 25% discount.

How does Market Ohm work? You pay Wholesale Rates for your electricity. In the electricity market, the Wholesale Rates vary every half hour, so the electricity rate ($/kWh) that you pay will change as well. The price is publicly available here. It is the price that all generators receive, and all retailers pay. If you choose Market Ohm, we pass the Wholesale Rate to you without a mark-up. You’ll also notice that we charge a small monthly fee ($). This is just a little something for us to look after you. This fee may be adjusted from time to time, but we’ll let you know 10 business days in advance if a change is about to happen. And in keeping with being completely transparent with you, we’ll include a complete price breakdown of your Third Party Charges in your monthly electricity bill.

✔️ Highest discount 25% off SP tariff

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✔️ Try for first 3 months with no termination penalty, no hidden 3rd party charges ✔️ Integrated billing with SP so no additional security deposit needed.

✔️ Transmission Loss Factor is absorbed!

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