News

Electricity tariff to rise 6.4% in July-September to highest in nearly 5 years

30/06/2019

For the period from 1 July to 30 September 2019, electricity tariffs (before 7% GST) will increase by an average of 6.4% or 1.43 cents per kWh compared with the previous quarter.

Lights out for five Singapore power retailers amid fierce competition

24/05/2019

Five players have called it a day in Singapore's retail electricity market for big businesses amid fierce competition triggered by a phased liberalisation of the sector - a process completed only this month, with all residential households in the fold as well

5 myths about the Open Electricity Market

04/05/2019

HDB flats in Toa Payoh taken at night. Consumers are now able to buy electricity from a retailer of their choice.

Electricity Tariff Revision for the Period 1 April to 30 June 2019

31/03/2019

For the period from 1 April to 30 June 2019, electricity tariffs (before 7% GST) will decrease by an average of 4.7%

Keppel Electric leads power retail rivals to SP Services

29/03/2019

The power play in Singapore's electricity retail market switched up further last year, with the incumbent SP Services losing more grip over market share, even as stalwart Keppel Electric gained ground to emerge as the largest retailer among the challengers to SP's dominance.

Sembcorp to supply solar power to YCH's warehouses in Asia

23/03/2019

Close to 8,000 solar panels installed, owned and operated by Sembcorp will provide renewable energy for YCH's Supply Chain City and its tenants.

Energy deregulation in ASEAN

18/03/2019

Singapore is ready for energy deregulation. A slower, more cautious approach is ensuring consumers, as well as providers, can enjoy the spoils or deregulation.

Open Electricity Market roll-out: 18 per cent of Zone 2 consumers switch energy retailers

08/02/2019

A total of 18 per cent of consumers in Zone 2 estates such as Bishan, Sengkang and Punggol have chosen to buy electricity from a retailer instead of remaining with SP Group, as part of the zone-by-zone roll-out of the Open Electricity Market.

Grab, ComfortDelGro buying Hyundai EVs as charging network grows

11/01/2019

Kau Yi Ming, head of GrabRentals Singapore, says Grab drivers who switch from hybrid cars can save 40 per cent in fuel costs, while those switching from petrol cars can save 70 per cent.

YTL PowerSeraya names ex-CEO to succeed retiring chief

11/01/2019

Mr Ng served as CEO of YTL PowerSeraya from 2009-2013. He had steered the growth of the company to maintain its strong success, before taking on a similar role at Singapore LNG.