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Geneco
- Overview
- Reviews (308)
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This product is managed by Geneco.
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Plans (3)
Geneco Get It Fixed 24 Plan
Fixed rate of 21.50c/kwh
PLAN TYPE
21.50
RATE
24m
CONTRACT
Details
Product Page Transparency
- Claimed in October 2020
- Pays to access additional features
Geneco Electricity Market Review 2021
Geneco is a popular electricity provider in Singapore that offers affordable and flexible plans with green energy options. They offer standard price plans - fixed and discount off tariffs, with a duration of 6 to 24 months. To ensure price competitiveness, Geneco has a price match guarantee, no transmission loss charges and no monthly fees.
It is also a great retailer for those hoping to switch to a more environmentally-conscious organisation as all their plans have a Power Eco Add-on. With this option, you can select between Carbon Credits (CC) or Renewal Energy Certificates (REC) to add on any plan you want.
Geneco genuinely believes in upholding sustainability, thus not only do they work towards powering us with green energy they also have many non-energy-related initiatives for environmental sustainability.
4.3
308 Reviews
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Pinned by Geneco
- 30 May 2021
Purchased
Geneco Get It Fixed 24 Plan
We recently renewed our contract for the 2nd time. The sign-up which we did 2yrs ago was pretty seamless, staff communicated well. So far we have had no issue with checking our bills online. Rates are pretty competitive too.0
Reply
- i'm Lucky to sign up Geneco before the price have when up on July. Now my electricity bill is cheaper now. It is also easier to check my bill because every month, Geneco will send me email. I used to have issues tracking my SP bills and always end up paying late charges. Overall, I’m satisfied and happy!
0
Reply
- Posted 5d ago
Purchased
Geneco Get It Fixed 12 Plan
[Signup Process] Simple, no time lag and user friendly app! Website has sufficient information, yet does not confuse the consumer.0
Reply
- Posted 5d ago
Purchased
Geneco Get It Fixed 24 Plan
This is my 2nd contract with Geneco and is one of the cheapest among other service provider. Safe and reliable, thumb-up!0
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Geneco Electricity Plans
Plan name | Plan type | Duration | Electricity Rates / Price per kwh (incl. GST) | Benefits |
|---|---|---|---|---|
Get It Fixed 24 | Fixed rate | 24 months | 21.50 ¢/kwh |
|
Get It Fixed 12 | Fixed rate | 12 months | 21.50 ¢/kwh |
|
Give Us a Try | Fixed rate | 6 months | 19.08 ¢/kwh |
|
Summary of Geneco's electricity plans, rates and prices
Features and Benefits of Geneco
- Overall, Geneco has one of the most competitive prices for fixed rates electricity plans. Their 6 months plan, the Give Us a Try, is at a low 19.08¢/kWh, and their Get It Fixed 24 is the cheapest 24 months fixed-rate plan in Singapore's electricity retailers OEM.
- Select between Carbon Credits (CC) or Renewal Energy Certificates (REC) to add on any plan you want.
- No transmission loss charges for all plans.
- No monthly fees necessary for the majority of the plans (excluding Get It Green, and Get Sunny) .
- Get a 1% cash rebate for POSB Everyday Card holders.
Geneco's Price Match Guarantee
Geneco also offers a price match guarantee, if one were to see a lower price than Geneco’s within 7 working days of sign up, Geneco will refund you the difference for that contract period. Terms and conditions apply.
Need help choosing an electricity provider? Compare Singapore's Best Electricity Retailers with Seedly's Open Electricity Market Comparison Tool
Fees and Charges for Geneco
- One-time Registration fee: None
- Security Deposit: Chargeable
- Late Payment Charge: 1% interest on the outstanding balance from the previous month
- Early Termination Fee: $60 - $720. The early termination fees charged by Geneco is a one-time fee corresponding to the consumer’s dwelling type.
FAQs for Geneco
1. How to switch to Geneco?
Choose a plan on Geneco's website, enter your details and wait for a Geneco representative to get in touch with you. Don't worry! Switching of retailers will not cause disruptions to your electricity supply.
2. Do I have to switch from an analogue to a AMI meter for the Get Free Sundays plan?
It is not compulsory. If an AMI meter is installed, one will be able to measure their actual consumption on a half-hourly basis, allowing actual Sundays off. If you use an analogue meter, you will be given Sunday’s off based on the daily load profile that the Energy Market Authority has developed.
3 . How long does it take for me to switch over?
After sign up and submission of verification, Geneco will begin the verification process. The transfer process will take approximately 2 to 4 weeks upon submission of NRIC/FIN.
4. Are there fees for early contract termination?
Yes, there will be an early termination fee charged based on your dwelling type. Please refer to your contract for the exact amount.
Contact Geneco
- Phone: 63636677
- Operation Hours: Mon to Fri, 9am - 5.30pm
- Address: 450 Alexandra Road., #01-01, Singapore 119960
About Geneco
Geneco is a leading electric provider powered by Seraya Energy. Priding itself upon 48 years of experience, 18 years of award-winning customer service in electricity retailing since 2001 and 19 plus years of energy expertise, the UK based company is determined to help Singaporeans find the best ways of buying electricity. Geneco largely believes in providing sustainable energy to your homes. And thus also sustainable initiatives.
Contact us at [email protected] should you require any assistance or spot any inaccuracies.