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Open Electricity Market or OEM in short, gives households and businesses in Singapore the freedom to purchase electricity from a retailer of their choice. This provides consumers with more options and increased flexibility in picking a price plan that best suits their electricity needs. A bigger market will also lead to greater competition, which, in turn, brings about better electricity prices and more attractive plans for homes and businesses.
In short, you’ll get better choices and bigger savings.
We're everything you need to power your home.
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Browse our wide range of plans for one that best suits your needs.
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Take five minutes (or less) to fill in your details.
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Hassle-free account transfer from SP. We’ll take care of everything else from here. And don’t worry – switching won’t cause any disruption to your electricity supply.
With over 50 years of experience in the energy business, you could say that we know a thing or two about power. Because we don’t just sell it, we also generate approximately 25% of the electricity in Singapore. So you can trust us to keep your homes and businesses running.
Not at all. SP Group will continue to operate the national power grid and deliver electricity to everyone, so buying electricity from a retailer will not affect your power supply in any way.
If you are eligible for U-Save rebates, you can still use them to offset your electricity bill with Geneco.
It is not compulsory for you to switch to any retailer. You can continue to buy electricity from SP at the regulated tariff and make the switch to Geneco at a later date. There is no deadline to switch. But why wait to enjoy big savings?
Head over to our FAQ Section.
Manage your Geneco account with ease, right at your fingertips!
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