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Fixed discount, guaranteed savings: How to lower your electricity bill with a simple switch

Senoko Energy’s LifeSteady plan can save you up to $193 over 24 months or $289 over 36 months, helping families manage rising household expenses more effectively

Choosing the right electricity plan can help families secure guaranteed monthly savings.

Choosing the right electricity plan can help families secure guaranteed monthly savings.

PHOTO: GETTY IMAGES

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According to

recent survey findings

released in January 2025, the cost of living is the top concern among Singaporeans this year.

Even as more citizens embrace sustainability efforts like switching off devices, using energy-efficient appliances or relying more on fans than air conditioning, these lifestyle changes alone may not provide the savings families are looking for in today’s economy.

Senoko Energy’s LifeSteady plan provides a simple way to pay less for electricity.

By offering a fixed discount of 1.64 cents per kilowatt-hour (kWh) off the SP tariff, including GST, this plan ensures you will enjoy guaranteed savings every month – no matter how the tariff fluctuates.

senoko-energy-graph-showing-steady-costs-that-are-always-lower-than-SP-tariffs

SOURCE: SENOKO ENERGY

For instance, if your family pays $150 a month, switching to the LifeSteady plan would save you $8.03 monthly.

Over 24 months, that is $193 saved, and over 36 months, $289 saved – all while maintaining the same energy usage and lifestyle.

senoko-energy-table-showing-savings-over-24-and-36-months

SOURCE: SENOKO ENERGY

Why electricity savings matter now

Small changes can have a big impact on your family’s finances. The rising cost of living means that any savings on household expenses, including electricity, are welcomed.

Mr James Chong, senior vice-president of Senoko’s Energy Commercial Division, says: “In today’s uncertain economic environment, Senoko Energy reaffirms our commitment to helping families ‘live smart, save smart’ with guaranteed savings when they switch to Senoko Energy. 

“Our aim is to deliver greater value to customers over the long term and be their preferred energy partner.”

switching-to-senoko-energy-may-help-families-manage-household-expenses

Small monthly savings can add up to make family moments even more special with Senoko Energy’s LifeSteady plan.

PHOTO: GETTY IMAGES

Small savings that make a big difference

Here’s how you are getting savings with Senoko Energy’s LifeSteady plan.

SP Group, the national electricity provider, manages the grid and sets electricity tariffs based on fuel costs, power generation expenses and more. These tariffs are reviewed quarterly and can fluctuate. 

Senoko Energy, as an electricity supplier, delivers power to your home through the same grid, but with its LifeSteady plan, you are guaranteed savings on the SP tariff for the 24- and 36-month plans.

While $8.03 a month may seem small – the average price of a cup of coffee at a cafe – small savings add up to a lot over time. 

For households already stretched by cost-of-living pressures, this extra cash can contribute to family outings, be part of a holiday budget or even ease everyday expenses. 

Making the switch is simple

Transitioning to Senoko Energy’s LifeSteady plan is straightforward and hassle-free. 

There is no security deposit required and the switch takes just five minutes. The plan is also applicable with U-Save rebates, ensuring you can maximise your household savings.

As an added bonus, new customers who sign up can receive bill rebates or gifts worth up to $359.

Options include a Xiaomi Robot Cleaner for 36-month plans or a Prism+ Aura Air Purifier for 24-month plans.

Find out how you can save on your electricity bill by switching to Senoko Energy’s LifeSteady plan.

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