facebookWhich one is the cheapest electricity retailer for "discount plan" for 6m or 12m contract today? - Seedly

Which one is the cheapest electricity retailer for "discount plan" for 6m or 12m contract today?

Does anyone have any good recommendations that I can check out? Thanks in advance!

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HC Tang

20 Jun 2019

Financial Enthusiast, Budgeting at The Society

I did a comprehensive analyst of all the plans and offers. I discover that :

1) SP rate fluctuate at 0.24 to 0.28 in the last 3 years each quarter.
2) All the plans offer , best deal is lock in 2 years fix rate. This is because of the other plan mix with reason #1, still doesn't offer the best safe deal for the next 2 years.

Eg.
A) Discount off tariff , is based on new rate and discount a bit. If the new rate is higher than current but a sum , this is not worth it anymore compare to fix rate for 2 years.

B) Peak / off peak rate : Will need to spend $40++ and above to install a smart device to measure the peak / off peak rate. Initial investment too high and would be hard to maintain use more during off peak and less during peak due to its definition of peak and off peak and we surely use both and harder to restrain self use during peak.

This the best is : FIX rate plan for 2 years.
Retailers with best review is : OHM and Geneco.
See unbiased Seedly existing user review at :

https://seedly.sg/reviews/electricity-market

See my review of OHM at :
https://seedly.sg/reviews/electricity-market/oh...

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Dexter Tiah

19 Jun 2019

Director at T3 Gaming Studio Pte Ltd

I use Geneco, with the 2 year lockin for 17cents per kwh. There are some retailers with even more di...

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