From 1 April 2018, households and businesses in Jurong can choose to buy electricity from a retailer with a price plan that best meets their needs.
The soft launch of Open Electricity Market (previously referred to as Full Retail Competition) will provide consumers with more choices and flexibility in their electricity purchases.
Consumers who wish to continue buying electricity from SP Group at the regulated tariff can choose to do so.
The soft launch will involve consumers whose premises have postal codes starting with 60, 61, 62, 63 or 64.
In the second half of 2018, Open Electricity Market will be extended to the rest of Singapore, allowing the remaining 1.3 million accounts (mainly households) to choose who they wish to buy electricity from.