This is probably old news. I only found out today that Singtel and Geneco has announced a partnership on 10th January 2019 to offer Geneco electricity plans. Singtel will be reselling these plans through Singtel Power. Since the electricity re-seller scheme has not been rolled out in the area that I am staying, I am still paying for electricity to SP Power (SP Group).
Below is the plan advertised by Singtel Power which looks very attractive to me as it offers up to 30% savings.
|Fixed Price plans||Fixed Price plans||Discount off the Regulated Tariff plan|
|Contract term||36 months||24 months||24 months|
|Geneco electricity plan||Get It Fixed 36||Get It Fixed 24||Get It Less 24|
|Price (incl. GST)||17.88¢ per kWh||17.98¢ per kWh||22% off regulated tariff|
|Estimated savings in reference to Q1 2019 regulated tariff||30%||30%||22%|
T&Cs apply and rates are subject to change.
Q1 2019 regulated tariff (incl. 7% GST) = 25.52¢ per kWh
Which re-seller of electricity have you switched to?