Nearly half of households have not switched to alternative electricity retailers

Nearly half of Singapore households still have not switched to buying cheaper power offered by alternative retailers. It has been three years since the Open Electricity Market was launched.



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[hapuchat]

Very honest and transparent companies who just wish to help Singaporeans

[MrBoliao]

Up to this day the retailing of electricity has no real economic justification. It's not like a company has economies of scale and they're passing on the cost savings to the consumers. Or alternatively they have any form of value adding to the process.

All we have is the same PUB people maintaining the system while companies profit.

[viniciusvoon]

No such thing as Cheaper.
Who don't want MONEY.
Common sense will tell.🤔

[SuccessforLifester]

Watch out for misleading sales tactics. Did not get the vouchers indicated on their posters at roadshows. From se mb corp in cahoots w c I T I bank. Switch vendor but after more than a month still have not refund the deposit. If Singapore powers offer us competitive rates, could save us the time, effort and mental anguish to source for vendors.

[roxxyroxxy]

swich to cheaper power at the and they close bisnes how? LoL 🤔

[liar-liar]

Same as public transport, different company same price in long term, ? 🙌🙆😰😂

[malita]

Pass a law and make it a must. That will work i am shore.

[mariantia]

As consumer we have not given the right to really know the real rationale or strategy of having different vendor to choose, does it really reduce the utilities bill and do we really paid less than before..Only time tells. Just like Telcom, just like different vendor management food centre, does it reduce cost or price or really paying less on each service. We need time to study.