Looking to renew electricity open in 2023? Since I I renewed my Open Electricity with SembCorp in 2021, electricity rates have risen significantly in these 2 years. The current electricity rate offered by SP Group is 31.27 cents/kWh. Below is the 4 main components of the cost in the electricity rate (Taken from the SP Group website)
Below are the pricing plans I got from the individual open electricity retailer’s website. As you can see above, SembCorp Power and Senoko Power offers the most competitive rates for its Fixed Price Plan (12 months). Those Green plans offered by various providers are currently more expensive than their Fixed Price Plans. Unless you are an ecologist, I will not opt for those green plans. If you want to enroll in SembCorp’s energy price plans after…
