Geneco Reviews and Comparison - Seedly
 
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  • Choose geneco Reason: 1. top2 mainstream supplier, no need worry close shop 2. Save 22% around against regulated tariff 3. $50/$60 off limited to first few thousands registered 4. Bank rebate, up to $40 5. no new meter required unless go for flexiable 6. No deposit 7. No transmission loss
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  • Have walked through roadshows and read many online reviews; Geneco seems to be of best value and reliability among all the companies. EDIT: no disruption to switch and it's been 2 months since switching and the savings on electricity per month are a whopping ~30%. *Certain credit cards also offer rebates.
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    Aziz Omar
    Aziz Omar

    on 19 Jun 2019

    Hi I've used your referral code. Thanks.
    Evon Liu
    Evon Liu

    on 19 Jun 2019

    Many thanks, Aziz! (:
  • *10 Aug* I cannot emphasise any furthur how easy it is to switch, and that the amount of value and savings from switching to Geneco seems almost ridiculous. You can continue researching all you want, but I believe this has the best value and also the most reliable amongst all the companies. You literally will pay nothing for the first few months. I've picked to use the fixed 24 mth contract (due to rising tariffs). Don't end up paying more if tariffs keep increasing! Exclusive to online sign up. + Use promo code to get $78 rebate + SC Credit Card gives a 1-time $50 cashback for bills! Key in my referral code for additional $20 off. Total additional rebates up to $148!
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  • I'm making a switch by tomorrow. Can anyone let me know whether the rebates are still the same. Any voucher given & how much?
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    Siow Nan
    Siow Nan

    Updated on 28 Aug 2019

    Not that I know. Ami meter installation not necessary.
    Germaine Chong
    Germaine Chong

    on 31 Jul 2019

    Hi Eully, geneco does not charge carbon tax & transmission loss. n nope, do not need to install ami meter
  • Note: Tariff is going up 6.4% in Jul 19! Switch now to save more! *Updated @ 15 Aug 19!* 1) $50 off bill for Get It Fixed 36 / Get It Fixed 24 / Get It Less 24 or Get Free Sundays plan. 2) $30 off bill for Get It Green Plan/ Get Sunny only 3) 4000 Link points for Get It Fixed 36 plan. 4) $50 credit for recurring payment with Standard Chartered card 5) 1% rebate for recurring payment with POSB card 6) 1% rebate for recurring payment with UOB card for 12 mths. I have been using Geneco since January. The reasons why I chose Geneco: 1) They are very transparent in terms of price, no transmission loss charges, carbon tax absorbed, no hidden cost, no deposit required 2) They do a price match if you signed up for their 2 yrs plan. I emailed them to price match, and they responded fast- good after sales customer service 3) The bill is easy to read, simple, straightforward. My usual electricity bill is around $70. My current bill (based on entire cycle with Geneco) comes up to $44. This is 37% less than the average of $70. The bill has been quite stable as well, $40+ for the past few months. 4) They are one of the main providers and thus reliable. I would personally recommend the 2 years plan since the tariff is increasing! Total possible rebate= $50(promo) + $50 (Standard Chartered credit card) + $20 (referral) = $120. A really good deal! :)
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    Jonathan Ng
    Jonathan Ng

    Updated on 04 Jul 2019

    Hi there! I'm Jonathan from the Seedly Community Team. Just a friendly reminder to not post any promotional/referral codes here. All promotional/referral codes posted in product reviews will be deleted. Users who repeatedly spam their promotional/referral codes will be banned from our community. Thanks!
    Jonathan Ng
    Jonathan Ng

    on 08 Jul 2019

    Hi Germaine, I'm Jonathan from the Seedly Community Team. Posting of mobile numbers will not be allowed in product reviews. For Geneco specifically, your mobile number is the referral code. As mentioned previously, all promotional/referral codes posted in product reviews will be deleted. If this happens again, I'm afraid the team will have to ban you from our community. Thanks.
  • ♥💡🍻*Updated 15 Aug promo! 🍻💡♥ Pls support me if you find this helpful! :) i will greatly appreciate it! 1) $50 off for Get It Fixed 36 / Get It Fixed 24 / Get It Less 24 or Get Free Sundays plan. 2) $30 off bill for Get It Green Plan or Get Sunny plan only 3) 4000 link points for Get It 36 Plan only 4) $50 for recurring payment with standard chartered credit card! 5) 1% rebate for recurring payment with POSB card 6) 1% rebate for recurring payment with UOB card for 12 mths. 😊Review😊: I have signed up the 24months plan with Geneco. For the past few months, our bill shows a great difference. It is around 30-40% cheaper! We recommended our friends to Geneco and I encouraged them to make comparison. I was sure that they will still go with Geneco after comparison, and they did :) Other points that attracted me- •The bill is easy to read, simple, straightforward. •They are one of the main providers and thus reliable. •No deposit is required whereas some companies require deposit (note: SP will refund u the portion of deposit for electricity) •No hidden fees (which is very crucial to me as I prefer transparency) •No disruption during the switch over and it was hassle free. •They do price match for 24 months plan with certain providers. •If you have any query, feel free to ask me. You may PM me if you need advice on how to do the price match. I got mine! :) I hope the above helps :)
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    Jonathan Ng
    Jonathan Ng

    on 08 Jul 2019

    Hi Vivien, I'm Jonathan from the Seedly Community Team. Posting of mobile numbers will not be allowed in product reviews. For Geneco specifically, your mobile number is the referral code. As mentioned previously, all promotional/referral codes posted in product reviews will be deleted. If this happens again, I'm afraid the team will have to ban you from our community. Thanks.
    Gordon Ng
    Gordon Ng

    on 20 Jul 2019

    Vivien, what code is available?
  • PM me for details on how to get extra $20 rebates. Many people have benefited from it!!!!!!!!!! Referral code can be found here: https://seedly.sg/questions/anyone-has-promotional-referral-codes-for-geneco Natural gas is going up so would recommend the fixed price offer, but decision is solely up to you. Markets are unpredictable. Trade war on the other hand causing oil prices to come down. But in Singapore, price usually increase faster than for it to come down from past experience... Better act fast! Tariffs went up! Not sure current offers will remain for how long. https://www.channelnewsasia.com/news/singapore/electricity-prices-sp-group-tariffs-increase-july-september-2019-11672840 Sign up online is easy and hassle free. So far prices have been the better ones and no false marketing like displaying the price without gst. March deals even better at 17.78c/kwh for 2/3 year plans. However since July it has risen to 17.98c/kwh... Would recommend fixed plan over discounts over tariff plans. Switch over now without hesitation as every day delayed is costlier than waiting to get a slightly better deal in future.
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    Anuwar Abdul Wahab
    Anuwar Abdul Wahab

    Updated on 20 Aug 2019

    Thanks Siow Nan for the great info. Act now and start saving😀
    Siow Nan
    Siow Nan

    on 24 Aug 2019

    You are welcome, Anuwar!
  • After signing with Geneco my bill is even higher then SP. they mention consumption information and meter readings are provided by SP Group. Really strange kWH is higher. Their reply takes about a month and their reply - We advise to submit your on meter readings so that you are able to monitor your consumption as well. Termination of your account at this point would incur an early termination charge of $130. What a crap! Don’t con by them. Regretted.
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Geneco

Electricity Market

Promo Codes

Apply early, save early!!!!!!! - Enter 96753492 as your referral code for additional $20 savings! I have been using Geneco since the start of the year. My take is that instead of pondering over the differences, we should just take action and you will start saving from day 1. Expecting the promos to be lesser soon and rates may start rising as electrical tariffs has just risen in July 2019. So please act fast to get the best savings. https://www.todayonline.com/singapore/electricity-tariffs-city-gas-prices-rise-july-september So, good to quickly take advantage of current fixed rate promos before their prices increase too. Current Promos: (Updated 8th Oct) Please find more details of existing promos on the Geneco website below. https://www.geneco.sg/residential/promotions/ Essentially there are 4 different promos codes now which gives the following benefits. 1. POWER50 $50 off your bill. One-time off rebate on your bill. Only Valid for Get It Fixed 36 / Get It Fixed 24 / Get It Less 24 / Get Free Sundays. 2. GENECOPLUS20 Get 4,000 Linkpoints & $20 Bill Rebate. One-time off rebate on your bill. Valid for online sign-ups and all plans except Get Free Sundays and Give Us A Try plan. 3. PLUSGENECO Earn 4,000 LinkPoints with Geneco. Valid only for Get It Fix 36 plan. Until 31st Oct 2019. 4. GET30 $30 off your bill. One-time off rebate on your bill. Valid for Get It Green Plan / Get Sunny. Additional rebates: 1. Up to additional 5% Uob one card rebate with UOB One card + additional 1% uob rebate (for 12 bills) on recurring bill with uob cards by 31 Dec 2019. 2. Charge to Posb everyday cards and get 2% cash rebates. Simplest non confusing terms. Up to 31st Oct 2019. 3. Extra $20 rebates if you enter 96753492 as your referral code. Recommend to go for Option 1 and Option 3 if your bills are on average $90.. 5% rebates on 90 bucks for 12 months would be about $54 savings already, plus a further $20 startup rebate for you. I am using these options personally. Natural gas is going up so would recommend the fixed price offer, but decision is solely up to you. Markets are unpredictable. Trade war on the other hand causing oil prices to come down. But in Singapore, price usually increase faster than for it to come down from past experience. Better act fast! Tariffs went up! Not sure current offers will remain for how long. Sign up online is easy and hassle free. So far prices have been the better ones and no false marketing like displaying the price without gst. March deals even better at 17.78c/kwh for 2/3 year plans but has since increased to 17.98c/kwh. Would recommend fixed plan over discounts over tariff plans. Switch over now without hesitation as every day delayed is costlier than waiting to get a slightly better deal in future.

Ohm Energy

iSwitch

Geneco

Keppel Electric

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Yixiong Chang
Yixiong Chang
Level 5. Genius
Updated on 06 Aug 2019
Imagine they are our different telco. M1, Starhub, Singtel etc. Or our Banks (DBS, UOB, OCBC, Standchart etc) offering mortgage loan. There are offering the same thing, but just different pricing terms. In short, the plans can be summarised into 2 main type. One is fixed price (imagine fixed interest rate loan), and another is variable (imagine floating rate interest based on sibor). The variable will be usually a discount( x %) off the regulated tarrif (sibor) rate that the rest of singaporeans are paying now. For actual plan comparision, see the official site. https://compare.openelectricitymarket.sg/#/home

Ohm Energy

Geneco

Keppel Electric

Best Electricity

Electricity Market

Senoko Energy

Huang Shuxian
Huang Shuxian
Level 3. Wonderkid
Answered on 08 Jul 2019
It is easy to indentify, under the fact sheet there is a column stating ->Direct Billing . If it states yes then it will be seperate billing and if it states no then SP will bill you instead .

Electricity Market

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Tuas Power

Randy Chai
Randy Chai
Level 4. Prodigy
Updated on 25 Jun 2019
Hi there! If you've been following our community you would probably find that we've already covered the cheapest electricity retailer and the terms & conditions you should consider when it comes to choosing the ideal retailer. If you've yet to do so, do click on the respective links and read for your own good :) A couple of considerations beyond prices and promotions would be, services, usability and how environmentally friendly theses retailers are. So which electricity retailers are actually environmentally friendly? ! Carbon Neutral Electricity Retailers iSwitch - All of iSwitch's electricity plans are 100% green. They have this iSwitch2Green Carbon Credit Offset scheme that is applicable for both businesses and residential households. These carbon credits are issued with the aim of reducing the equivalent emission of greenhouse gases into the atmosphere. Households can use these credits to offset their use of electricity to become carbon neutral, helping you do your part for the environment! Do note that iSwitch has six electricity plans to choose from, 3 Fixed Price Plans and 3 Discount-Off-Tariff (DOT) Plan. Source: https://iswitch.com.sg/green-electricity-iswitch-online-price-plans/ Geneco - Geneco has a plan (Get It Green Plan) that produces zero carbon footprint for a one-year period. However, do note that all users can purchase carbon credits with Geneco at an additional cost of S$0.005 per kWh, which will be reflected on your monthly bill. Which represents that If your household consumes 500 kWh per month, and you have signed up with us for a 24-month fixed rate plan at S$0.1620 per kWh, your electricity bill would be S$81 per month. If you choose to purchase the carbon credits to offset your electricity consumption at a cost of S$0.005 per kWh, you would only be paying an additional S$2.50 per month. Which is not too steep of a price to pay to reduce your carbon footprint! Do note that Geneco has a total of seven electricity plans to choose from, 4 Fixed Price Plans, 1 Discount-Off-Tariff (DOT) Plan and 2 Non-Standard Fixed Price Plan. Source: https://www.geneco.sg/reduce-carbon-footprint/ Sembcorp Power - All Semcorp Power's regular plans provide carbon offset 50 kWh of electricity per month. P.S. For every successful contract sign-up with Sembcorp Power, they claim to pledge $5 to selected charities to offset their electricity bills. Wow! Solar Energy Plans/Retailers Geneco - 100% clean solar energy plan (Get Sunny) for 18 months. However, do note that your contract will be renewed under a standard 24 months Fixed Plan. View fact sheet here Sembcorp - Unique non-standard solar energy price plan (Sunshine Plan) that provides you with green energy from 7am to 7pm only and regular energy after this period. Do note that the prices vary as well. You will pay 21.40c/kWh from 7am to 7pm and 18.65c/kWh after. View fact sheet here Sunseap has three Fixed-Price Plans and three Discount off Tariff Plans that you can choose from which runs on 1%, 50% and 100% solar energy respectively View source: https://www.sunseap.com/residential/electricity-plans/ P.S. You can also check out and compare reviews of all 12 electricity retailers here: https://seedly.sg/reviews/electricity-market I hope this will help!
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Geneco

Electricity Market

Gabriel Lee
Gabriel Lee
Level 6. Master
Answered on 29 Jun 2019
Yes, you are allowed to set up a recurring bill payment via GIRO or credit/debit card. Just log in to your account via the Geneco portal and select Recurring Payment on the left! !
About Geneco
OperationsGeneco is a leading electric provider powered by Seraya Energy.
Types of plans availableGet It Fixed 24/36 (2 or 3 year): 17.78 cents per kWh Give Us A Try: 17.63 cents per kWh Get It Less 24 (2 year): 22% off regulated tariff Get Free Sunday: 22.50 cents per kWh (Mon - Sat, but Free on Sun) Get It Green: 20.33 cents per kWh
Contract lengthVaries

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.

Geneco's Price Match Guarantee

Geneco also offers 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.

FAQs

How to switch?

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.

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.

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.

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.

Save More With Geneco Promo Codes

Want to save more on your electricity bill? Be sure to check out these Geneco Promo Codes.

Contact Geneco

Email: [email protected]

Phone: 63190422

Operation Hours: Mon to Fri, 9am - 5.30pm

Fax: 63636600