WIth the liberalisation of the Electricity Market, there were huge buzz couple of years back with booths and sales staff almost everywhere; from Malls to Heartlands, asking you ‘Save money?’ ‘Changed your Electricity Service Provider?’.
Then, discoubt off flexi rate was the draw. Fast forward, today, fixed rate seems the better deal… such is the volatility a user face, no different from chooosing a Mortgage Loan Package.
The real problem is the belly-up of many retailers of late… how will the Energy Markey Authority, EMA, now handle this when things stabilise again? How different wil you be when choosing your new service provider, if your incumbent has gone bust too?
#KelvinKhoo #ElectricityTarfiffs #EMA #SingPower #SPGroup