Singapore and various other countries around the world have opened an electricity market policy. It means that you can easily choose between different power companies. Not only that, you can choose different plans from different companies as well. The question is, how should you choose between the numerous Singapore Powers providers? Today, we will share four tips that can help you with the same.
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Know the type of plans available:
The 1st thing is to understand the various types of plans available. Essentially, there are two plans which you can choose from. The type of plans available include:
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Fixed-price plans:
The fixed price plans ensure that you are charged the same tariff for the electricity units you are consuming throughout the contact plan. These come in 6, 12, 24 months duration.
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Discounted off regulated plans:
The regulated plans provide you with a discount over the prevailing electricity unit rate. However, they do not freeze the unit price as well. It means that if the unit price increases in the future, you will have to pay a higher amount. First, you have to decide the type of plan you want to go with. Most Singapore Power providers offer both of these types of plans. Only when you have decided about the type of plan can you move to our next trip.
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Go with a carbon-neutral plan:
Governments and authorities are trying to become more carbon neutral. That is why they are incentivizing utility companies as well as consumers to opt for a carbon-neutral plan. So, it is advisable to go with one. Even if your government doesn’t currently offer an incentive on plans, it might do so in the future.
In the worst-case scenario, you will end up reducing your carbon footprint. Whichever way you look at it, it is a win-win situation to go with a carbon-neutral plan.
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Use a price comparison tool:
If you’re confused between the different plans by different Singapore Power providers, you have to search for a price comparison tool online. Once you do so, you can compare one plan with another. Doing so will help you choose the best plan easily. Rather than spending hours comparing the different plans, use a price comparison tool and after that choose one.
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Look out for promotions:
Did you know that power companies in Singapore provide you with discounts and promotions as well? There are special hours of offers from time to time. Rather than just looking at the regular price of power plants, it is a good idea to look at the existing promotions and discounts they offer.
Once you take these into account, you can save a lot of money by going with a particular plan. You have to look at the duration of the discount as well and then choose the power provider. It is one of the perfect ways to get a relatively affordable power plan. So, when looking to choose between Singapore power providers, these are four tips which you should use. Once you select the power plan depending on these four tips, it will become easier for you to choose a reliable power provider that is also affordable.
