Switch and save over $800 on your electricity bills while working from home

Switch and save over $800 on your electricity bills while working from home

16 July 2020

This article has been adapted from an original published on The Straits Times on 16 July 2020.

 

Life in the new normal is not without its changes. As work-from-home arrangements continue, the spike in electricity consumption is a good reason to consider switching electricity retailers for better priced plans offered in the open electricity market in Singapore.  

 

Resuming social activities in Phase 2 such as dining in, retail shopping and the like are not without structured safety protocols in Singapore. With fundamental changes to how we live, work and play, the development of the pandemic brings forth a new normal.

Even as restrictions ease, many are choosing to stay home more often whether it is due to necessity in work-from-home arrangements or for the safety of their loved ones. With more time indoors, electricity consumption is bound to spike. Just how much of an increase are we looking at?

How To Save On Electricity Bills While Working From Home

Household electricity consumption has jumped 22% during Singapore's circuit breaker.

According to the Energy Market Authority and SP Group, household electricity consumption saw a 22% jump, compared to February. Likewise, as work-from-home arrangements continue to be the norm, higher electricity bills can contribute to rising household expenses - an unnecessary strain.

Here's how you can maximise savings on your electricity bills:

Step 1: Switch to a better electricity rate

Working from home invariably incurs higher energy use. From cooking to leaving lights turned on for longer, this substantial increase in electricity consumption comes from being plugged in during times you would otherwise be at the office. With hotter weather this year, fans and air-conditioners are also in use for extended periods.

If you are still buying electricity from the national power grid, SP Group, now could be the time to make a switch in electricity retailers. Compared to the regulated electricity tariff of 20.97 cents/kWh, Senoko Energy offers price plans that go as low as 17.18 cents/kWh (LifePower12 plan).

Here’s how you can potentially save over $800 on your electricity bills (over 24 months) when you switch to Senoko Energy.

Consumers can look to bigger savings with flexible and discounted electricity price plans offered by retailers like Senoko Energy in the open electricity market.

Step 2: Stack your savings on electricity bills using a credit card

Maximising cost savings on your electricity bills go beyond low tariff rates. By partnering with UOB credit and debit cards, Senoko Energy comes with diversified offerings.

From now till Sept 30, consumers can enjoy an $80 rebate on any of Senoko Energy’s 24-month electricity price plans by applying the promo code UOBMUSIC80 and setting up a recurring electricity bill payment with UOB cards. Alternatively, if you are only looking for a 12-month plan, you can receive a $35 bill rebate by using the promo code UOBMUSIC35. Limited to the first 250 new customers.

UOB One credit cardholders can also enjoy an additional rebate of up to five per cent on all spend, including Senoko Energy bills.

Recurring Senoko bill payment with UOB Cards 

Consumers can also earn an additional $30 rebate by stacking a referral code on top of any plan.

Save yourself the hassle of making monthly electricity bill payments by setting up a recurring payment on Senoko Energy’s online portal. Apply for the UOB credit card now and enjoy up to $230 cash credit! Terms and conditions apply.

Step 3: Reap all the rewards

Earn rewards with Senoko Mobile App

Senoko Energy also rewards their customers with extra savings via their Senoko Smart Rewards programme. Customers can enjoy monthly giveaways such as $10 GrabFood credits, participate in lucky draws to win prizes, and enjoy other merchant discounts. These rewards can be easily redeemed on the Senoko Energy mobile app.

And don’t forget to keep the referrals coming. Each one for Senoko Energy earns you a rebate of $30 off your electricity bill — one of the highest referral rebates offered among OEM retailers.

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