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?
Singtel are very poor customer service care