Although not a family identify like electrical energy retailers Sembcorp Energy or Keppel Electrical, Pacific Gentle Singapore is an influence generator and electrical energy retailer in Singapore that made waves within the open electrical energy market rollout.
That is much more spectacular contemplating Pacific Gentle Vitality isn’t even the most cost effective available on the market for both their mounted value or low cost off tariff electrical energy plans. So what provides?
Effectively for one factor, Pacific Gentle presents among the finest electrical energy promotions in Singapore. Whereas one-off $40 rebates are fairly customary available in the market, Pacific Gentle presents as much as $80 in invoice rebates due to some very beneficiant promotions and promo codes.
Earlier than you get too tempted by these carrots, check out the Pacific Gentle plans to see in the event that they’re as much as scratch.
Contents
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- Pacific Gentle Electrical energy Assessment
- Pacific Gentle Singapore Charges
- Pacific Gentle Fastened Worth Plans
- Pacific Gentle Inexperienced Electrical energy
- Pacific Gentle Non-Normal Plans
- Pacific Gentle Low cost off tariff Plans
- Pacific Gentle Peak and Off-Peak Electrical energy Plans
- Pacific Gentle Referral code
- Pacific Gentle Promotions
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1. Pacific Gentle Electrical energy Assessment
Pacific Gentle Electrical energy Plan | Contract length | Worth |
Straightforward Peasy | – | $0.2968/kWh |
Savvy Saver | 12 months | $0.2980/kWh |
Savvy Saver | 24 months | $0.2968/kWh |
Sunny Aspect-Up | 12 months | $0.2980/kWh |
Stack It Up | 24 months | $0.3230/kWh |
Pacific Gentle has 5 electrical energy plans, which may make it complicated if you’re attempting to resolve on one.
However I’ve to credit score Pacific Gentle for presenting the data in a transparent and concise method on their web site. Their factsheets are literally cell optimised and simple to learn, versus the horrible PDF information that almost all different retailers add as an afterthought. Looks like a small factor, however I admire the trouble to make the data clear to shoppers.
2. Pacific Gentle Charges and Expenses
Okay, earlier than we transfer on to the plans intimately, right here’s a few essential charges and prices to be aware of.
Pacific Gentle Charges | Price |
Registration Price | $0 |
Safety Deposit | $80 to $1,000 |
Late Fee Cost | 1% of unpaid stability |
Early Termination Cost | $160 to $2,000 |
Paper Invoice | $1.07 |
Worth Plan Change Price | $53.50 |
Request for previous payments | $21.40 |
Request for previous bodily payments | $2.14 |
GIRO or Recurring Credit score/ Debit Card Fee Failure Price | $1.07 |
Account Closure Price | $10.70 |
In the event you resolve to cancel your plan forward of schedule, you need to pay a one-time early termination price of $160 to $2,000. That is fairly lenient in comparison with different electrical energy retailers who cost a whole lot of {dollars} in termination charges for each month left in your contract.
Lastly, Pacific Gentle’s electrical energy plans do include auto-renewal clauses. You may need to create an occasion in your cellphone’s calendar to remind your self 2 to three months forward of time to kind out your account cancellation or renewal with Pacific Gentle.
3. Pacific Gentle Fastened Worth Electrical energy Plans
Pacific Gentle Electrical energy Plan | Contract length | Worth |
Pacific Gentle Savvy Saver | 12 months | $0.2980/kWh |
Pacific Gentle Savvy Saver | 24 months | $0.2968/kWh |
“Normal” mounted value electrical energy plans (as outlined by the Vitality Market Authority) can solely be 24 months lengthy at most, however not too long ago we’ve beforehand seen numerous electrical energy retailers like Geneco give you 36-month mounted price plans.
Regardless of the lengthy dedication interval of three years, the prospect of locking down immediately’s value for longer is actually tantalising when you imagine that the value of electrical energy will go up in the long term.
At $0.2980/kWh and $0.2968/kWh respectively, Pacific Gentle’s Savvy Saver 12 month and 24 month plans aren’t probably the most aggressive. Presently, the most cost effective electrical energy plans are Geneco’s Get It Fastened 24 month and Senoko’s LifePower24 plans at $0.2880/kWh – manner cheaper than SP Group’s Q2 tariff of $0.2990/kWh.
So, until you’re in a position to make use of a few of Pacific Gentle’s $60 or $80 invoice rebates (scroll beneath for promo codes) or are notably loyal to Pacific Gentle, I don’t see a compelling motive to go for them.
4. Pacific Gentle Inexperienced Electrical energy Plans
Pacific Gentle Electrical energy Plan | Contract length | Worth |
Pacific Gentle Sunny Aspect Up | 12 months | $0.2980/kWh |
Pacific Gentle’s Sunny Aspect-Up is a carbon impartial electrical energy plan, provided in a 12 month contract interval. Nonetheless, it’s not a type of 100% carbon impartial electrical energy plans that Keppel Electrical or Senoko presents. With Pacific Gentle, a most of 25 Renewable Vitality Certificates (RECs) will probably be retired in your behalf all through your complete 12 month contract interval.
Priced at $0.2980/kWh, the Pacific Gentle Sunny Aspect-Up plan is likely one of the least expensive inexperienced electrical energy plans available on the market in the intervening time. The one inexperienced electrical energy plan that’s cheaper is the Senoko LifeGreen 24 months at $0.2923/kWh.
You might resolve that Pacific Gentle’s inexperienced Sunny Aspect-Up plan could also be extra justified because of the shorter 12-month dedication. Two years IS a reasonably very long time.
For reference, another electrical energy retailers cost very excessive charges for carbon impartial or photo voltaic electrical energy, akin to Sunseap’s 100% Photo voltaic Vitality plan which prices $0.4494/kWh.
5. Pacific Gentle Non-Normal Electrical energy Plans
Pacific Gentle Electrical energy Plan | Contract length | Worth |
Pacific Gentle Straightforward Peasy | – | $0.2968/kWh + $0.50 each day |
Pacific Gentle Stack It Up | 24 months | $0.3230/kWh, $0.2960/kWh, $0.2880/kWh |
Listed below are two vastly completely different non-standard electrical energy value plans that’s not appropriate for everybody.
The Pacific Gentle Straightforward Peasy plan looks like one thing for folks with dedication points ’trigger it comes with no early termination prices. In the identical vein, promo codes, referral codes, and all types of reductions and vouchers can’t be used with this plan. Because it’s low dedication, Pacific Gentle isn’t going to be dedicated to you as properly. Costs for this plan are topic to vary. Pacific Gentle simply wants to tell you inside 10 enterprise days.
Additionally, Superior Metrering Infrastructure (AMI) meters usually are not required. Which means it’s probably that they are going to cost you the $0.50 x 30 days or 31 days = $15 surcharge monthly on high of your normal electrical energy consumption. Taking the typical HDB 4-room consumption of 360kWh monthly, we’re taking a look at an electrical energy invoice of $121.85 monthly beneath the Pacific Gentle Straightforward Peasy plan.
$15 surcharge + ($0.2968 x 360kWh) = $121.85 monthly
Subsequent up, the Pacific Gentle Stack It Up plan solely is sensible for giant households dwelling in huge homes with extraordinarily excessive electrical energy payments above 601kWh monthly.
You’re charged a hefty $0.3230/kWh for the primary 300kWh (known as Stack 1), adopted by $0.2960/kWh for electrical energy between 301 to 600kWh (Stack 2), and $0.2880/kWh for all the pieces above 600kWh (Stack 3). AMI meter will probably be required at an set up price of $42.80. Assuming your semi-detached home makes use of 620kWh electrical energy, you’ll be paying $191.46 monthly.
$0.3230 x 300kWh = $96.90
$0.2960 x 300kWh = $88.80
$0.2880 x 20kWh = $5.76
Whole: $96.90 + $88.80 + $5.76 = $191.46
Is the Pacific Gentle Stack It Up plan price it? Probably not, since you’ll be able to actually get Geneco’s Get It Fixed24 and Senoko’s LifePower24 at $0.2880/kWh in your whole month. Which means, your semi-detached’s 620kWh electrical energy invoice will probably be quite a bit cheaper at $178.56.
Additionally, when you instantly resolve to promote your huge home and cancel this plan, do keep in mind huge homes are charged larger early termination charges from $460 to $2,000.
- HDB Government, Jumbo or Multi-Gen: $460
- Condominium, House, Shophouse: $480
- Terrace: $720
- Semi-Indifferent: $1,000
- Bungalow, Penthouse: $2,000
6. Pacific Gentle Low cost off tariff plans (ceased)
Pacific Gentle Electrical energy Plan | Contract length | Worth |
Pacific Gentle Affirm Save | 24 months | 22% off tariff |
Pacific Gentle Affirm Save | 12 months |
“Affirm Save” was Pacific Gentle’s cutesy manner of claiming “low cost off regulated tariff,” which to be honest didn’t fairly roll off the tongue.
In layman phrases, this “regulated tariff” is solely the speed that SP Group presently prices. It’s set by the EMA each quarter, so there are fluctuations. For instance, the tariff is presently $0.2990/kWh in Q2 2022, and is prone to rise sooner or later.
Low cost off tariff plans are good for individuals who don’t thoughts fluctuations of their month-to-month payments, so long as they don’t rugi when there’s a drop in tariff. In any case your invoice will “verify” be decrease than your SP invoice.
However Pacific Gentle’s weak spot was that its low cost wasn’t notably excessive. A number of electrical energy retailers had been providing reductions as excessive as 23% to 25% in Q2 2019 when the tariff was $0.2439/kWh.
7. Pacific Gentle Peak and off-peak electrical energy plans (ceased)
Pacific Gentle Electrical energy Plan | Contract length | Worth |
Pacific Gentle Save Whereas Sleeping | 24 months | 10% off tariff (7am to 11pm) / 30% off tariff (11pm to 7am) |
Pacific Gentle Save Whereas Sleeping | 12 months | 10% off tariff (7am to 11pm) / 30% off tariff (11pm to 7am) |
The Pacific Gentle Save Whereas Sleeping was a peak and off-peak sort of electrical energy plan that the electrical energy retailer used to supply.
How does a peak and off-peak electrical energy plan work? Throughout “peak” hours, i.e. 7am to 11pm, there can be a set low cost, say 10%. In the course of the “off-peak” hours of 11pm to 7am, the low cost may improve dramatically to 30% off, which means you get a really low cost price throughout the evening. That makes it appropriate for, say, younger working professionals who’re out for many of the day (and evening) and are available house primarily to sleep whereas their air-conditioners blast away.
Naturally, this plan would require an superior meter (AMI) to be put in at a price of $42.80. This doodad tells you the way a lot you really use each half an hour.
(In the event you’re solely contemplating this plan, it’s a good suggestion to get one anyway so that you get a greater understanding of your precise utilization.)
One factor to notice is that Pacific Gentle’s Save Whereas Sleeping wasn’t the most cost effective peak and off-peak plan available on the market. Not many electrical energy retailers used to supply this, such because the cheaper possibility by Keppel Electrical.
Nonetheless, Pacific Gentle provided clients the choice to modify to a different of their plans (admin price applies) if the height and off-peak plan turned out that this plan not appropriate for one’s life-style in spite of everything.
8. Pacific Gentle Referral Codes
First, it’s best to know that signing up with somebody’s referral code can get you a $20 rebate off your invoice. The one that referred you makes $30. (Wah, Pacific Gentle acquired some huge cash to burn sia…)
However whether or not you need to make some random individual on the web wealthy, I depart it as much as you. You’ll discover your distinctive referral code in Pacific Gentle’s welcome e-mail to you. Hope you haven’t deleted it but.
There are additionally tons of different beneficiant Pacific Gentle promo codes and bank card promotions you’ll be able to reap the benefits of, and I’ve compiled them right here:
Pacific Gentle Promo Code | Promotion | Expiry |
– | $15 invoice rebate if you pay in your recurring 12-month Pacific Gentle plan with HSBC bank card + register on-line for rebate (250 clients) | 30 Sep 22 |
– | $25 invoice rebate if you pay in your recurring 24-month Pacific Gentle plan with HSBC bank card + register on-line for rebate (250 clients) | 30 Sep 22 |
SUMMER60 | $60 off your third month’s invoice if you join a 24-month Pacific Gentle plan (100 new Pacific Gentle clients solely) | 30 Jun 22 |
PLUOB80 | $80 off your third month’s invoice & safety deposit waiver if you join a 24-month Pacific Gentle plan & arrange recurring invoice cost with UOB bank card (100 new Pacific Gentle clients solely) | 30 Jun 22 |
– | $20 off your invoice if you pay in your recurring 24-month Pacific Gentle plan’s invoice with UOB bank card + register on-line for rebate | 30 Jun 22 |
BEST55 | $55 off your third month’s invoice when are a NTUC Union Member signing up for brand spanking new 24-month Pacific Gentle plan on-line (1,000 clients) | 30 Jun 22 |
DBS40 | $40 off your third month’s invoice when join new 24-month Pacific Gentle plan on-line by way of DBS House & Dwelling Market & arrange recurring invoice cost with DBS or POSB bank card (100 clients) | 30 Jun 22 |
Have you ever switched from SP Group to an electrical energy retailer but? Share your experiences with us within the feedback.