Diamond Electric Reviews and Comparison - Seedly
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Diamond Electric

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  • Reviews (41)
  • Questions (0)
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Electricity Retailers/Diamond Electric
Electricity Retailers/Diamond Electric
4.9
41 reviews
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Plans (4)

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Maybank Saver

20% off regulated tariff

PLAN TYPE

18.34

RATE

12m

CONTRACT

Details

Diamond Electric Open Energy Market Review 2020

As part of the Open Energy Market (OEM) initiative by the Energy Market Authority (EMA), Diamond Electric, a subsidiary of Diamond Energy Merchants, is now a residential electricity retail provider. Diamond Electric only offers discounted off tariff type plans that take a portion off the regulated tariff. As a cherry on top, Diamond Electric also wants to ensure the safety of its consumers. All their plans come with an Allianz 24/7 Emergency Home Assistance Plan to get emergency home repairs and assistance when necessary, and a Personal Accident Insurance by AIA.

Established as a smart energy solutions provider in Singapore since 2006, Diamond Electric believes that affordable and reliable electricity should be accessible to all.

Read More about Diamond Electric
Reviews (41)

4.9

41 Reviews

  • 5
    36
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    5
  • 3
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Most HelpfulMost RecentLow to HighHigh to Low
  • Updated on 19 Sep 2019
    Good and reliable! Generally, optimists who don’t see any problem with a long-term commitment can benefit from the best rates for 2-year contracts

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  • Posted on 19 Jul 2019
    Big thanks to diamond electric, I now enjoying the saving every month. The transition is simple and hasslefree. 👍🏼👍🏼Will definitely recommend to friends.

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  • Impressed by the seamless transfer and clear explanation of their staff on all 3 separate times I had questions. Highly recommend this no frills provider.

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  • Posted on 17 Jul 2019
    Through UOB recommendation I signed up online for Diamond Electric’s plan to enjoy guaranteed savings each month and I am not tied down to long term contract. The Customer Care team was friendly and easy to reach. They provided me with the right information I needed quickly for my application and also questions and concerns were answered without much delay.

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  • Posted on 17 Jul 2019
    Diamond Electric has helped me to save my electrical bills cost tremendously. Looking forward to more savings in the coming months. Will recommend to my family and friends to save more with Diamond Electric.

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Diamond Electric Electricity Plans

Plan Name

Type

Duration

Electricity Rates

Features

Freedom ( No Lock In )

Discounted Off Tariff

None

18% off

  • Additional 1% starting from 4th & 8th months
  • Free Emergency Home Assistance Standard Plan
  • Free 6 months Personal Accident Insurance by AIA
  • No Early Termination Charges
  • No monthly fees, no security deposits, no transmission loss factor charges

Sure Save Plus Rewards

Discounted Off Tariff

12 months

20% off

  • Free Emergency Home Assistance Standard Plan
  • Free 12 months Personal Accident Insurance by AIA
  • No monthly fees, no security deposits, no transmission loss factor charges

UOB Saver

Discounted Off Tariff

12 months

20% off

  • $10 bill rebate on the 1st month's bill
  • Free Emergency Home Assistance Standard Plan
  • Free 12 months Personal Accident Insurance by AIA
  • No monthly fees, no security deposits, no transmission loss factor charges

Maybank Saver

Discounted Off Tariff

12 months

20% off

  • $10 bill rebate on the 1st month's bill
  • Free Emergency Home Assistance Standard Plan
  • Free 12 months Personal Accident Insurance by AIA
  • No monthly fees, no security deposits, no transmission loss factor charges
summary of diamond electric's electricity plans and rates

Features and Benefits of Diamond Electric

  • Interestingly, Diamond Electric only offers Discount Off Tariff type plans so if you're looking for fixed-rate plans, this might not be the retailer for you
  • All of their plans have many additional perks like Emergency Home Assistance Standard Plan by Allianz - this helps you cover emergency repairs, and at least 6 months of Personal Accident Insurance by AIA.
  • Diamond Electric does not charge security deposits and transmission loss factor charges.
  • The No contract plan does not have any lock-in period which means in the event of cancellation, you do not need to pay any early termination fees.
  • If you're a credit or debit cardholder, look out for Diamond Electric's promotions with banks that might help you get additional bill rebates and promotions.

FAQs for Diamond Electric

Thinking of switching your electricity provider to Diamond Electic? Here are some Frequently Asked Questions:

1. How do I switch to Diamond Electric?

Visit Diamond Electric's Website, Select your preferred electricity plan and fill out an online application. for submission.

2. Will my electricity be disrupted when I do decide to switch?

No, as you are switching retailers and not energy providers.

3. Does Diamond Electric require a security deposit?

Currently, Diamond Electric does not require residential customers do not require a security deposit.

4. How does Diamond Electric bill?

Diamond Electric employs Direct Billing. This means that you will be billed a separate bill from SP Group in regards to your other utilities.

5. Do I have to change my meter if I switch to Diamond Electric?

No, your meter can remain the same.

Diamond Electric Contact Info

  • General enquires: +65 6342 6663
  • Fax: +65 6242 3638
  • Email: [email protected]
  • Address: 1 CleanTech Loop, #02-08 CleanTeach One, Singapore 637141