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From 1 July to 30 September 2023, the electricity tariff (before GST) will increase by an average of 1.2% or 0.31 cents per kWh compared with the previous quarter. This is due to higher energy costs compared with the previous quarter.
For households, the electricity tariff (before GST) will increase from 27.43 to 27.74 cents per kWh from 1 July to 30 September 2023.
Rates
Retailers | Without Contract | 6 Months | 12 Months | 24 Months | Green Energy | Promo Code |
SP Group 2nd QTR | 29.62 c/kWh | |||||
SP Group 3rd QTR | 29.96 c/kWh | |||||
Geneco 2nd QTR | 29.30 c/kWh | 28.98 c/kWh | 28.98 c/kWh | |||
Geneco 3rd QTR | 29.30 c/kWh | 28.98 c/kWh | 28.98 c/kWh | POWER80 – $80 | ||
Keppel Electric 2nd QTR | 28.98 c/kWh | 28.98 c/kWh | 34.98 c/kWh | |||
Keppel Electric 3rd QTR | 28.98 c/kWh | 28.98 c/kWh | 37.98 c/kWh | CITI30 – $30 UOB20 – $20 | ||
Pacific Light 2nd QTR | 28.98 c/kWh | 28.98 c/kWh | 29.30 c/kWh | |||
Pacific Light 3rd QTR | 28.98 c/kWh | 28.98 c/kWh | 29.30 c/kWh | UOB100 – $100 DBS80 – $80 CHILL70 – $70 NTUCFAM75 – $75 | ||
Sembcorp 2nd QTR | 29.61 c/kWh | 39.33 c/kWh | ||||
Sembcorp 3rd QTR | 29.46 c/kWh | 41.34 c/kWh | ||||
Senoko 2nd QTR | 29.30 c/kWh | 28.98 c/kWh | 28.98 c/kWh | 29.44 c/kWh | ||
Senoko 3rd QTR | 28.98 c/kWh | 28.98 c/kWh | 29.74 c/kWh | CITILUV130 – $130 HSBCLUV130 – $130 MBLUV130 – $130 UOBLUV120 – $120 TBLUV120 – $120 | ||
Sunseap 2nd QTR | 39.00 c/kWh | |||||
Sunseap 3rd QTR | ??? | |||||
Tuas Power 2nd QTR | 29.52 c/kWh | 29.52 c/kWh | ||||
Tuas Power 3rd QTR | 29.52 c/kWh | 29.52 c/kWh | ||||
Union Power 2nd QTR | 45.00 c/kWh | |||||
Union Power 3rd QTR | 48.60 c/kWh |
Verdict
Senoko this quarter came in as the top choice to sign up with due to the generous promotion code that it is offering in partnership with the banks.
This round despite the increase in tariff, we can see that all the companies are not increasing their prices other than green plans.
SunSeap I can’t find their plan anymore and not sure if they are still offering residential and Union Power are offering rates that are chasing customers away. With that, both companies are not worth signing up for.
If you like this post and happen to sign up with Senoko, You may use my referral code NXVMTC2I for an additional $20 bill rebate credit.