Singapore Electricity Providers- A Comprehensive Guide
Singapore is changed a lot in the past few years, especially in the case of electricity. The government allows electricity providers means now they can provide electricity according to their company price. The government gives two options to citizens if they want: they can continue with previous providers or go for a new one. Electricity is a must thing so provides of electricity also matters a lot. In past years Singapore citizens buy electricity from one SP Company. Still, now there are many singapore electricity providers present in the market, which offers you the best service according to you.
Type of Singapore electricity providers: 
- Sp service:Before the OEM service market, people had the only option is SP groups, and all Singapore people bought electricity from them. In this, you will get only fixed price plans and services according to the SP group. Currently, very few people choose this provider because things are changing, and they have many better providers in the market.
- OEM service:open electricity market is not a special market, it is also like a normal electricity provider, but it just gives other options to people in case of electricity. This allows the buyer to choose different plans and prices according to their budget. If you don’t spend much time in your home, you can select the small plan that is less in budget. It was launched in 2018 to give people benefits in electricity service.
How Singapore electricity provider’s impact:
If we now talk about SP service impact, it affects people’s income and needs because, in this, people can’t select their service and have to pay according to SP Company. In other cases, OEM comes out as the best provider. It gives power switch and opportunity to many peoples who want electricity according to themselves. They do not have much income to give in SP services to go for an OEM provider.
There are 13 providers present in OEM service and only one company present in the SP group. Now things are changed in Singapore people have the option to select their good electricity providers company which matches their need. If people have a big house, they can select a big service, and if they have a small house, so they can select small electricity providers. Feel free to choose your singapore electricity providers. Also, you may do your own research before choosing one.
