Yes, starting 1 May 2019, all households in Singapore can choose to buy electricity from a retailer with the price plan that meets their needs.

All UOB debit and credit cards are eligible for the promotion with the exception of any UOB American Express Cards, JCB Cards, UnionPay Cards, Travel Account, Corporate (on corporate liability), Purchasing, Business, Multicurrency Corporate and Private Label cards.

Visit "Featured retailers" tab for more details.

No, you can continue to buy electricity from SP Group at the regulated tariff as you do today.

You can choose to buy electricity from 13 different retailers based on a price plan that best suits your needs. Click here for the full list of electricity retailers.

Retailers on our portal are currently offering standard price plans with the following pricing structure with different contract periods:
Fixed Price: Pay a fixed rate per kWh (eg. $0.20/ kWh) for electricity for the entire duration of your contract. This allows for greater certainty in monthly electricity costs.

Discount off the regulated tariff: Enjoy a guaranteed discount off regulated SP tariff (reviewed quarterly) during your contract duration. This allows for more predictable quarterly electricity bills.

You can either keep your current meter or install a smart meter.

If you decide to keep your current meter, it will continue to be read once every two months. Changing to a smart meter will allow you to measure your half-hourly electricity consumption. A charge will apply.

For more details, please click here to visit the OEM website.

Yes, the new retailer’s electricity supply will be reliable as the SP Group will still be operating the national power grid and supplying electricity to everyone.

Electricity supply will not be disrupted during the switch. The switch is a seamless process and purely administrative for residential premises/ home consumers.

Yes, home consumers can change over to buying electricity from SP Group at a regulated tariff or to other electricity retailers at the new price plan. Switches before the end date of the contract might come with an early termination fee. Please check with your existing electricity retailer.

SP sends me a consolidated bill. What happens when I switch electricity retailers?

You can download a copy of "Introduction to the National Electricity Market of Singapore" here.

To participate in this promotion and the recurring payment service, your UOB Card account must be in good standing and remain valid for the monthly bills to be debited successfully. Promotion is open to all cardholders of United Overseas Bank Limited ("UOB") debit and credit cards issued in Singapore ("UOB Card") with the exception of any UOB JCB Cards, Travel Account, Corporate (on corporate liability), Purchasing, Business, Multicurrency Corporate and Private Label cards. Please continue to pay to the relevant merchants until you see the amount reflected on your monthly UOB Card statement. All applications are subject to approval from the relevant merchants. Should you cancel or replace your UOB Card, please make alternative payment arrangements with your relevant merchants. If your existing account is paid by GIRO, the GIRO payment arrangement will be terminated. Please contact the relevant merchant(s) to make alternative payment arrangements should you wish to terminate this payment arrangement. If any payment charged to your UOB Card is unsuccessful for any reason whatsoever, you will be responsible for arranging payment to that merchant by other means. UOB shall not be liable for any loss, expenses delays, mistakes, neglect or omission in the transmission of payment under this facility or for any unsuccessful payment. UOB reserves the right to amend these terms and conditions in its sole discretion without giving any reasons.