If you happen to’re the sort of one that can by no means be bothered to show the lights off once you go away the room, now is an efficient time to kick that unhealthy behavior.
That’s as a result of electrical energy costs have hit the roof and present no indicators of stopping. They reached an all-time excessive of $0.2990/kWh in Q2 2022 and, as a result of sorry state of the world proper now, are anticipated to go even greater in Q3, when the tariff is up to date.
One option to be sure to don’t go broke paying for electrical energy is to select an electrical energy supplier that fees much less. Senoko Vitality is without doubt one of the most value-for-money electrical energy retailers on the Open Electrical energy Market. Let’s see how worthwhile their plans actually are.
Contents
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- What’s Senoko Vitality?
- Senoko Electrical energy Plan Assessment
- Senoko Vitality Charges
- Senoko Energy Electrical energy Plans
- Senoko Energy: Inexperienced Electrical energy
- Senoko Low cost Off Tariff Plans
- Changing to Senoko Vitality
- Senoko Energy Promotions
- Senoko Vitality Referral Code
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1. What does Senoko Vitality Do?
Senoko is an vitality retailer licensed by the Vitality Market Authority (EMA). Meaning they’re authorised to promote electrical energy on Singapore’s Open Electrical energy Market. Out of the 9 electrical energy retailers in Singapore, Senoko is without doubt one of the most cost-effective ones.
In comparison with different retailers, they provide a variety of residential plans, together with a number of the most cost-effective plans on the town.
2. Senoko Electrical energy Plan Assessment
Senoko has 4 residential electrical energy plans to select from. Let’s take a look on the deets.
Senoko Electrical energy Plans | Value (inclusive of GST) | Contract Period |
LifePower 24 | 28.80 cents/kWh | 24 months |
LifeGreen 24 | 29.23 cents/kWh | 24 months |
LifeSave 12 | 3% low cost off quarterly regulated tariff (as little as 29 cents/kWh) | 12 months |
LifePower 12 | 29.20 cents/kWh | 12 months |
Three of those are mounted price plans.
Senoko LifePower 24 is their 24-month mounted price plan, whereas LifePower 12 is their 12-month mounted price plan. It’s value noting that LifePower 24 is THE most cost-effective electrical energy plan in Singapore, at simply 28.80 cents/kWh.
Senoko LifeGreen 24 can be a hard and fast price plan, and has the excellence of being a 100% carbon impartial plan. It’s probably the most inexpensive inexperienced vitality plan in Singapore in the intervening time, so for those who care in regards to the atmosphere this is usually a good choice to alleviate some guilt.
Lastly, LifeSave 12 is their low cost off tariff plan, providing you with 3% off the quarterly regulated tariff. It’s additionally the one low cost off tariff plan obtainable in Singapore in the intervening time.
3. Senoko Vitality Charges and Prices
Listed here are the opposite charges and fees you’ll need to pay when you could have a Senoko vitality plan.
Senoko Vitality Charges and Prices | Charges |
Registration Payment | Waived |
Safety Deposit | Waived |
Late Fee Cost | $0.50 or 1% on excellent fees, whichever is greater |
Early Termination Cost | 24 month plans:
$535 if termination is earlier than or inside 1st to 12th month from contract begin date $321 if termination is inside 13th to 24th month from contract begin date 12 month plans: $321 if termination is inside 1st to 12th month from contract begin date |
GIRO / Credit score Card Auto Fee Failure Payment | – |
The primary price to look out for right here is the early termination cost, which is dear regardless of once you terminate your contract. Senoko Vitality is likely to be providing a number of the most cost-effective plans available on the market proper now, but when that adjustments someday and also you wish to swap to a different supplier you’ll must issue within the early termination fees.
4. Senoko Energy Electrical energy Plans
Senoko’s 24-month mounted value plan, LifePower 24, fees the bottom charges in Singapore in the intervening time. Let’s have a better take a look at this plan.
Senoko Mounted Value Plan | Value | Contract Period |
LifePower 24 | 28.80 cents/kWh | 24 months |
How does the plan measure up in comparison with the choices of the different mainstream electrical energy retailers? Seems, Senoko’s value of 28.80 cents/kWh is the bottom on the town. The one different retailer that has managed to match this value is Geneco.
5. Senoko Vitality Inexperienced Electrical energy Plans
Treehuggers, take notice! Senoko additionally gives a 100% carbon impartial plan.
Senoko Inexperienced Electrical energy Plan | Value | Contract Period |
LifeGreen 24 | 29.23 cents/kWh | 24 months |
This plan is at present the most cost effective inexperienced vitality mounted value plan in Singapore. Yup, not one of the different inexperienced vitality retailers gives something that even comes shut.
In case you wish to evaluate, different inexperienced electrical energy retailers providing 100% photo voltaic vitality and carbon impartial electrical energy plans embrace Sembcorp Energy, Sunseap, and Keppel Electrical.
6. Senoko Vitality Low cost Off Tariff Plans
Apart from providing the most cost effective mainstream and inexperienced vitality electrical energy plans available on the market, Senoko Vitality is the one vitality retailer providing a reduction off tariff plan in the intervening time. They deserve a prize!
Their low cost off tariff plan, Senoko LifeSaver 12, gives 3% low cost off the $0.2990/kWh Singapore Energy tariff.
Again within the day, low cost off tariff plans had been fairly common, with a lot of the vitality retailers providing them with a view to persuade folks to make the swap from Singapore Energy. Again in 2019, you can even get reductions of 20% to 25%.
Sadly, the eight different electrical energy retailers have since stopped providing low cost off tariff plans, leaving solely Senoko Vitality.
7. How do I convert to Senoko Vitality?
As a result of Senoko’s low costs, you is likely to be pondering of switching to them.
Whenever you join a Senoko plan, your electrical energy provide gained’t be disrupted. Simply be sure to electronic mail your current electrical energy retailer’s buyer help 2 to three months forward of time to substantiate that you just don’t want to renew your contact with them. Verify the date on which your plan ends, then liaise with Senoko to begin your new contract with them on the identical date.
Whenever you shut your current account, you’ll in all probability be required to pay hidden admin charges and account closure charges. So be sure to do the mathematics forward of time to seek out probably the most financially opportune time to terminate your current plan.
Most electrical energy retailers will cost for those who attempt to amend info in your account closure request. So be sure to get all of your dates and data proper the primary time.
Lastly, for those who’re making the swap to Senoko Vitality, make use of their ongoing promotions and referral codes to avoid wasting a bit of money, as listed beneath.
Senoko Vitality is normally fairly beneficiant with regards to promotions, with frequent gives of $90 and $60 invoice rebates.
Right here’s a abstract of their ongoing promotions.
Senoko Vitality Promo Code | Promotion | Expiry |
SMART60 | $60 invoice rebate on any 24-month plan | 30 Jun 2022 |
CITISMART90 (24-month plans)
CITISMART10 (12-month plans) |
As much as $90 rebate with Citibank bank cards | 31 Aug 2022 |
HSCBSMART90 (24-month plans)
HSBCSMART10 (12-month plans) |
As much as $90 rebate with HSBC bank cards | 31 Aug 2022 |
UOBSMART80 | As much as $80 rebate with UOB playing cards for 24-month plans | 31 Aug 2022 |
OCBCSMART90 | As much as $90 rebate with OCBC playing cards for 24-month plans | 31 Aug 2022 |
SCSMART80 (24-month plans)
SCSMART20 (12-month plans) |
As much as $80 rebate with SCB bank cards | 31 Aug 2022 |
What’s extra, for those who’re a Senoko Vitality buyer, you get reductions once you store with one among Senoko Energy’s companions, comparable to:
- 10% off CRUST Beer
- 10% off Sachi Soy Wine
- 10% off Mundo ECO Laundry Detergent Sheets
- 12% off The Sustainability Initiatives’ kitchen and toilet merchandise
9. Senoko Vitality Referral Code
Save your self and your folks a bit of cash by referring them earlier than they join.
To get your referral code, log into the Senoko Vitality cellular app, faucet “Refer and Earn” and retrieve your referral code.
Get your pal to make use of the referral code once they join a Senoko account and each of you’ll earn a $30 invoice rebate.
Considering of switching from SP to an electrical energy retailer? Learn extra in regards to the OEM right here!