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- Updated 5d agoI helped my parents to change from SP Group to Ohm in April 2018 as the website allows me to use the calculator to calculate how much we could save. The website is really useful in calculating the electricity bills and that's what attracted me plus the modern design. My family and I decided to test water and signed a fixed ohm plan for 6 months with them at 17.15 cents/kWh. Unfortunately, fast forward to 5 months later, they sent me a plan renewal notice and the 6 months fixed ohm plan will be charging at 18.15 cents/kWh. I know that they also have no choice but to mark up the price as SP Group increased the electricity tariffs. But hey at least this retailer is charging at a better rate (not the best fixed price in the market though). Now I've changed my plan to a 12 months fixed plan at 17.95 cents/kWh with existing customer incentives. So far, I'm pretty satisfied with Ohm and how easy it was for me to change supplier from SP Group to Ohm and changing plans after my current plan expires and I encourage my friends to use Ohm.3 comments7
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Jerrick NgJw5d ago
One of the cheapest plans in the market for discount rate at 25% off.... coupled with SP billing ... thank you!
Gavin Kua5d ago
Hi there, I’m Gavin 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. Hence, we have removed your referral code from this review. However, you can still share your referral code here on Q&A: https://seedly.sg/questions/topic/promotional-codes Please note that members who do not adhere to our community guidelines after repeated warnings may be banned from our platform. Thank you! - Updated 5d agoSign up for Ohm discount 22% when OEM just started in Jurong. Their sign up bonus very attractive especially discount 50% on first two month electricity bill and referral discount of $20. However, recently Ohm can be further improve by launching more competitive price plan and promotion to retain existing customer.2 comments5
John Lim5d ago
Helped me to save a lot of money.. the tarriffs now has gone up a lot, so my fixed plan signed up back in Jan 2019 is still at a much lower rate of 16.8 cents / kWh.Gavin Kua5d ago
Hi there, I’m Gavin 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. Hence, we have removed your referral code from this review. However, you can still share your referral code here on Q&A: https://seedly.sg/questions/topic/promotional-codes Please note that members who do not adhere to our community guidelines after repeated warnings may be banned from our platform. Thank you! - Updated on 05 Jul 2019I was enticed by the 22% discount when the energy market was first released. And reading the first write up from Seedly blog (was interested in a fuss free Plan first) and confirmed not much administrative to be done, signed up with Ohms. Fast forward, about 1 month before renewal, they sent an email to check on what plans I wished to continue. By Sep, their pricing is not so competitive, but they did give me additional discount. 5%. A rough calculation tell me to save my brain cell and renew. This time fixed rate and the saying goes... energy cost seldom go down. Only up. So renewed under fixed price for 2 years. Set and forget.0 comments5
- Updated on 05 Jul 2019TLF is absorbed. 6/ 12/ 24 months comes with 3 months trial period - can look see look see They also offer a no-contract version. Security deposit is automatically taken from SP group. Bill is generated together with SP group. $20 referral fee given to both the person referring and the person signing up. No cap on referral. Fast response and prompt followups through their online website form.1 comment5
Yeap Ming Feng21 Sep 2018
Great insight! Thanks for sharing. :) - Updated on 05 Jul 20193-months free trial, Fuss free sign-up & integrated with existing sp bills Fast respond of customer service1 comment4Ng Bao Xian Jonathan
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! - Updated on 05 Jul 2019Very good and responsive customer service when I signed up 6 months ago (22% off regular tariff). Didn’t need to contact them since. They honored their signup offer of 50% off first two months for the first 100 customers (due to language ambiguity they extended the offer to first 3 bills). Also got $20 off for being refered by someone else. What I like also about the signup process is that ohm uses SP services as their biller; so no complication of dealing with 2 bills or paying an additional deposit to your new electricity provider. Their 6 month contract discount off tariff plan was the cheapest when I signed up. But now that tariffs have gone up, the fixed rate offered by other retailers are more attractive. So am thinking of switching.. purely due to price and the assumption that oil prices will continue to stay high for the next 1-2 years.0 comments4
- Updated on 05 Jul 2019Signed up on a fixed rate for a 6-mth contract and all is good! Intending to extend with ohm for a 24-mth contract! Transiting from SP to ohm was a breeze and straightforward, customer service was on point and there is no issues with the electricity supply during the transition and moving forward. :)0 comments4
- Updated on 11 Jul 2019#TeamOhm awesomely responsive customer support and flexible plan (Option to switch out or within in the 1st 3 months) are the reasons why I chose to switch to them. Everyone should change a supplier in the open electricity market for savings. There are no drawbacks of doing so. In particular, there is no such worry of “blackouts” or “unreliable electricity supply” as SP group is still operating the national power grid.2 comments3Farhan Rasam
26 Jun 2019
Selepas penyelidikan yang menyeluruh, saya mendapati bahawa Ohm adalah salah satu pembekal elektrik alternatif yang terbaik. Anda boleh memilih antara Fixed Ohm atau Discount Ohm. Saya memilih Discount Ohm kerana ada kemungkinan tarif akan turun. Fixed Ohm juga sangat baik, dan lebih menguntungkan sekiranya tarif meningkat. Manfaat Ohm: Diskaun mereka pada tarif sekarang adalah yang terbaik, iaitu pada kadar 25%. Peralihan juga sangat lancar kerana mereka adalah rakan kongsi dengan kumpulan SP. Sebagai contoh, tidak memerlukan sebarang dokumen atau bayaran tambahan. Laman web mereka juga sangat baik. Pendaftaran sangat mudah dengan hanya mengisi beberapa butiran peribadi secara dalam talian, dan anda akan menerima e-mel dalam tempoh 15 minit atau kurang. Ohm menyerap "transmission loss". (Pada asasnya, tenaga elektrik hilang sebagai haba semasa perjalanan melalui kabel, Ohm menyerap ini dan mengenakan pengguna berdasarkan penggunaan meter. Ini bernilai kira-kira 3.4% penjimatan.) Tempoh percubaan untuk Ohm ialah 3 bulan. Jika dalam masa 3 bulan anda memutuskan untuk menukar rancangan, anda tidak akan dikenakan penalti. Oleh itu, anda tidak terikat pada harga tetap. Kadar Tetap berbanding Tarif Diskaun Pada masa ini, kadar Fixed Ohm adalah 17.98 sen/kWh (termasuk GST) manakala dengan adanya diskaun untuk tarif (25%) kadarnya ialah 19.14 sen/kWh (termasuk GST). Tarif elektrik mulai 1 Jan hingga 31 Mac 2019 adalah 25.52 sen/kWh (termasuk GST). Bagaimanapun, tidak mustahil tarif SP turun. Sekiranya tarif SP turun, katakan kepada 20.20 (tidak termasuk GST) harga Jan 2017, maka Tarif Diskaun 25% akan berkuat kuasa 16.21 sen/kWh (termasuk GST) yang mengalahkan kadar tetap! (20.20 x 1.07 x 0.75 = 16.21) Tiada siapa yang dapat memastikan sama ada tarif SP akan jatuh kerana ia bergantung kepada banyak faktor yang rumit termasuk harga minyak, dan lain-lain. Walau bagaimanapun, kini dengan 12 pembekal elektrik di negara kecil seperti Singapura, terdapat banyak persaingan, dan SP mungkin akan menurunkan harga untuk kekal berdaya saing. Kesimpulan: Pilihlah Ohm Semua orang harus menukar pembekal di pasaran elektrik terbuka untuk berjimat. Tiada kerugian untuk berbuat demikian. Khususnya, tidak perlu bimbang tentang "blackouts" atau "bekalan elektrik yang tidak boleh dipercayai" kerana kumpulan SP masih mengendalikan grid kuasa negara.Ng Bao Xian Jonathan11 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!
Questions (7)
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Electricity Market
Ohm Energy
Shiyi Jyn
Level 2. Rookie
Updated 3w ago
Good choice! Here’s mine: OHMREF5AC2EE 😊
Ohm Energy
iSwitch
Geneco
Keppel Electric
SeedlyTV EP08
Yixiong Chang
Level 5. Genius
Updated 3w ago
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
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
Best Electricity
Keppel Electric
DBS Electricity
Diamond Electric
Ohm Energy
Senoko Energy
Geneco
SeedlyTV EP08
Tuas Power
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!
Ohm Energy
Brennan Lee
Level 1. Freshie
Updated on 07 May 2019
I don't think there is such a thing as month ohm. Should be typo error or autocorrect from Market Ohm. Save $20 OFF your bill by using the promo code OHMREF57F9DB How does Fixed Ohm work? It’s a Price Plan that guarantees you a fixed electricity rate (cents/kWh) throughout a fixed Supply Term . Your monthly electricity bill will be your electricity usage multiplied by your contracted fixed price during the Supply Term. Should you decide to terminate your Agreement before your Supply End Date, there will be a charge an Early Termination Fee. How does Ohm Discount work? We take the SP Group Regulated Tariff , apply a discount, and give you the resulting electricity rate (cents/kWh) . Do note that SP Group’s tariff changes quarterly, while our discount rate (%) is fixed throughout your Supply Term. Right now this is the best plan from Ohm at 25% discount . How does Market Ohm work? You pay Wholesale Rates for your electricity . In the electricity market, the Wholesale Rates vary every half hour, so the electricity rate ($/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 ✔️ Excellent, prompt & responsive Customer Service ✔️ 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! ✔️ Carbon tax is absorbed! ✔️ No relocation/transfer to new address fee Use the below promotional code
Ohm Energy
Pei Ying Chua
Level 2. Rookie
Updated on 07 Jun 2019
Just apply on their website ohm.sg Takes less than 10 min Use promo OHMREFDD7771 for additional discount!
Ohm Energy
Yixiong Chang
Level 5. Genius
Updated on 07 Jun 2019
Our carbon tax will be an emission tax. It will be a tax based on the amount of greenhouse gases (mainly CO2, or any other) released into the atmosphere (Typically based on tons of CO2). Therefore it is not a tax on the carbon content of fuel. But the resultant greenhouse gas that gets into the air. Therefore emitters will be incentivised to reduce emission, by being more efficient in energy production, use cleaner source of fuel, better carbon capture methods etc. The tax is proposed to be taxed at the source of the largest emitters here. While residents do not directly pay, we will indirectly pay. As producers' cost increase, they will likely pass on the cost to us over time.
About Ohm Energy
| Plan Types and Price | Fixed Ohm: From 18.90 cents/KWH Simply Ohm: 17.39 cents/KWH Market Ohm: $10.70/month Ohm Discount: Up to 25% off SP Tariff |
|---|---|
| Contract Length/ Supply Term | Fixed Ohm: 6/12/24 months Simply Ohm: no contract Market Ohm: no contract Ohm Discount: 6/12 months |
| Termination Fee | $42.80 (incl. GST) per remaining full month(s) N.A. for Simply Ohm and Market Ohm |
| Available Add-Ons | Go Eco-Friendly Monthly Price Cap |
About Ohm Energy
Ohm Energy is an electricity retailer founded in 2015 to offer low-cost, competitive energy prices in Singapore as part of the Open Energy Market (OEM) initiative by the Energy Market Authority (EMA).
Other than providing low cost and simplicity in plans, Ohm Energy is also Carbon Neutral. This means that as an alternative electricity retailer, Ohm takes extra steps to reduce their carbon footprint by recycling whenever they can and choosing to support initiatives that are carbon neutral to fulfil their business requirements.
FAQs
1. How to switch to Ohm Energy?
Simply enter your electricity usage into their online price reader, choose a Supply Start Date and a plan of your choice.
2. Will my electricity supply be cut off when I switch to Ohm Energy?
As Ohm Energy is a partner of SP Group, your electricity will not be cut off as you switch retailers.
3. Do I Need To Replace My Meter?
Meters are not required to be replaced if you decide to switch to Ohm Energy. Smart readers will be available upon request during the signup process or through their Customer Portal. There is a one time fee of $42.80 (inclusive of GST) for installation of the Smart Meter.
4. Who to contact if there is a blackout?
If your electricity lines are damaged or are experiencing a blackout you can contact SP Power Grid’s 24-Hour Electricity Service Centre at 1800-778 8888.
5. Do I need to pay a Security Deposit?
Security deposits are required with Ohm Energy.
Ohm Energy Promo Code
By sharing your referral code, you and a friend can receive $20 off your electricity bill, if your friend signs up.
Ohm Energy offers a 3-month trial for their fixed supply plans (Fixed Ohm, Ohm Discount). If you’re unsatisfied with their plans within that 3-month period, there will be no termination charge, as long as Ohm Energy is informed in advance.
No-contract plans can be terminated anytime with no termination fees.
Contact Ohm Energy
Email: [email protected].
Ohm Energy’s Customer Care Line: 1800-835-6463
For more information, you can visit Ohm Energy’s FAQ page.