Consumers hope for savings with choice of power retailers

Some say they will try out different players to see which best suits their needs, while others will wait and see

File photo showing HDB flats in Singapore, on Aug 11, 2018.
File photo showing HDB flats in Singapore, on Aug 11, 2018.ST PHOTO: ALPHONSUS CHERN

Households here will get to explore the range of electricity plans from Nov 1, following an expansion of the open electricity market which was launched in April in Jurong.

The nationwide launch will be rolled out progressively in four stages, according to postal codes. When complete, about 1.4 million households and businesses will be able to buy electricity from 12 different retailers in addition to SP Group, the Energy Market Authority (EMA) announced yesterday.

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A version of this article appeared in the print edition of The Straits Times on September 22, 2018, with the headline 'Consumers hope for savings with choice of power retailers'. Subscribe