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The introduction of the Open Electricity Market – or OEM – has revolutionised the way households and companies manage their energy consumption. By offering the opportunity for consumers to choose electricity suppliers apart from the SP Group, the OEM empowers consumers in Singapore to have financial control of their energy needs. Through this, consumers can enjoy greater savings over the regulated electricity tariff. As the largest energy generator and retailer in Singapore, Senoko Energy plays an instrumental role in not only adapting to this changing energy market but also in driving the transformation. Driven by our steadfast dedication to powering the nation’s diverse energy needs, we have developed various price plans catering to the different consumption habits of households and companies. This affords consumers greater choices, enabling them to power up their homes or businesses with an appropriate electricity plan suitable to their consumption patterns and budget.

OEM Electricity Plans That Deliver Long-Term Value

Our electric power generation plant has supplied energy to the electricity market in Singapore for over 40 years, strengthening our expertise in this field. This allows us to provide intelligent and innovative solutions for energy with the consumer's best interests in mind. As we adapt alongside the ever-evolving landscape and new technologies, we continue to supply cleaner and high-quality energy to support global sustainability efforts. Our innovative approach and unwavering commitment to be responsible stewards of our planet assure consumers that they can rely on us for reliable and affordable electricity while minimising their carbon footprint. 

At Senoko Energy, we take pride in delivering exceptional value to customers, and this extends to our energy plans in the Open Electricity Market. Offering some of the most competitive rates among the retailers in Singapore, we not only meet customers’ energy demands but also deliver unrivalled gains. We understand the consumer’s daily energy needs and help to meet them with the best cost-saving deals while bringing value to customers through Senoko Smart Rewards and promotions. Make discerning energy choices and power up with Senoko Energy to enjoy great returns!

What Sets Us Apart In The Open Electricity Market

Trusted Leader In Singapore’s OEM Field

We come with a legacy of supplying the open electricity market in Singapore with quality solutions at the cheapest rates for over 40 years and industry standards you can trust.

Innovative Offerings

From lifestyle offers to exclusive giveaways, our customers get to enjoy greater value in other areas of their household and lifestyle needs with our Senoko Smart Rewards.

Personalised Customer Service

With our quick and friendly customer service, we address your queries about rates and offerings in Singapore’s open electricity market with professionalism and dedication.

Rate Comparison with SP

Switch To An OEM Retailer In Singapore 
And Save On Electricity Costs

The current regulated electricity tariff by SP Group is 31.82 cents/kWh for Q4 2022. Take advantage of the Open Electricity Market in Singapore and save more than 30% each month with our electricity plans.

View Our Plans

Hear From Our Customers

"We chose Senoko Energy because they have a flexible 12-months plan. The sign-up experience was pretty easy. and everything was up and running almost immediately!"

- Milly, Senoko Energy customer

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Get Powered With Senoko Energy

With the Open Electricity Market, you can enjoy straightforward pricing plans that are far lower in comparison to the current regulated tariff. Among the electricity retailers in Singapore, Senoko Energy is at the forefront of this paradigm shift. As such, our competitive prices astutely reflect current consumer needs and ensure stability against future market conditions and demands, empowering our customers to navigate the ever-changing energy landscape confidently.

Since the launch of the Open Electricity Market in May 2019, 49% of households have made the switch to their preferred OEM retailer^ and have enjoyed satisfying results on their monthly bills.

Make the switch and save with Senoko Energy: check out the attractive price plans for households and companies on our website to get started. Alternatively, browse our FAQs today to learn how you can reap the benefits of a more economical and sustainable energy future with Senoko Energy!

^ As of 7 May 2021, according to the Energy Market Authority

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Refer A Friend For A Bill Rebate

Enjoy attractive returns in the Open Electricity Market on top of our competitive pricing plans.

When you refer a friend to switch to Senoko Energy, both of you will receive a one-time $30 rebate off the electricity bill. Earn your dollar with your friend!

Start Referring

Recommended Plans

Switch and enjoy low electricity rates from 29.79¢/kWh (w/GST) vs Q1 2024 SP Tariff 32.58¢/kWh (w/GST)!

The fixed rates displayed are inclusive of prevailing GST. They are subject to upcoming GST changes announced by IRAS according to invoiced dates.


24 months plan



Lock in our low 24-month fixed rate


12 months plan



Lock in our low 12-month fixed rate


24 months plan



Lock in our low 24-month fixed rate


How much can I save by switching to an electricity retailer?

You can save approximately 30% of your electricity bill when you make the switch from SP Group to any Senoko Energy price plans.

To give an example: with an average monthly electricity bill of $100, you can save around $30 by switching to Senoko Energy.

Maximise your savings now with our exclusive offers and promotions.

What are the electricity price plans I can choose from?

Senoko Energy offers a variety of fixed rate and discount-off tariff (DOT) standard electricity price plans. Fixed rate plans require that you pay a fixed rate throughout the duration of your contract. While the rate is not subjected to fluctuations during your contract, it may be higher or lower than the SP’s regulated tariff which fluctuates every quarter. Discount-off tariff plans offer a discount off the prevailing SP’s regulated tariff price, which is revised every quarter. This means that your electricity rate is a floating rate and you are assured guaranteed savings off the quarterly regulated tariff.

How do I make the switch to Senoko Energy?

Switching to Senoko Energy is easy and can be done in various ways:

  • Sign up online
  • Head down to our roadshows near you
  • LiveChat with our friendly Customer Solutions Specialist directly on our website
  • Connect with us if you need further assistance with making the switch

Best of all, no registration fees are required to switch.

How long will the switching process take?

The transfer process will take us 6 working days upon receiving your application and supporting documents. Learn more on the switching process.