In Singapore, the Open Electricity Market (OEM) has brought about a significant change in the way residents and businesses procure electricity. As of 2023, the OEM is in full swing, providing consumers with more options and flexibility in choosing their electricity providers. One of the primary drivers for this shift was to introduce competition in […]
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Gas is a vital source of energy for both homes and businesses in Singapore, powering a wide range of appliances and industrial processes. While gas offers convenience and efficiency, it also presents potential risks if not handled and managed properly. Ensuring gas safety is not just a matter of convenience; it’s a fundamental aspect of
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Electrical safety is a paramount concern for homes and businesses in Singapore, a thriving city-state known for its commitment to safety and sustainability. The extensive reliance on electricity in daily life makes it crucial to prioritize electrical safety measures, which not only protect lives but also safeguard property and maintain the efficient functioning of various
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Singapore, the bustling metropolis known for its innovation and sustainability efforts, has seen a surge in interest in solar power in recent years. As the world grapples with climate change and the need to transition to cleaner energy sources, solar installations in Singapore have become a popular choice for both residential and commercial properties. In
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As a bustling metropolis with a growing demand for energy, Singapore relies on a well-regulated energy market to ensure a reliable and sustainable power supply. In this article, we will explore the intricacies of how the Singapore energy market is regulated, shedding light on the latest facts and figures in 2023. The Energy Market Authority
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As the world strives to combat climate change and transition towards cleaner and more sustainable energy sources, Singapore has been making significant strides in harnessing solar energy. The tiny city-state, known for its urban landscape, has embraced solar power as a key component of its energy portfolio. In this article, we will delve into the
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In 2023, Singapore continues to evolve its electricity market, offering consumers a variety of choices to meet their energy needs. One such option is the regulated energy tariff, a stable and reliable choice that suits the preferences of many consumers. In this article, we will delve into the various components of the regulated energy tariff
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The difference between domestic and business energy in Singapore In Singapore, the distinction between domestic and business energy plays a crucial role in meeting the diverse energy needs of households and enterprises. While both require electricity to power various operations, there are notable differences that cater to their distinct requirements. Businesses, driven by their unique
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What are fixed-price contracts? Fixed-price energy contracts are agreements between consumers and energy providers that establish a set rate for the cost of energy over a specific period. Unlike variable rate contracts, where the price can fluctuate based on market conditions, fixed-price contracts offer stability and predictability in energy costs. This type of contract guarantees
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What is Green Energy? Green energy, also known as renewable energy, refers to the power derived from natural sources that are constantly replenished and have minimal negative impact on the environment. These energy sources include solar energy, wind energy, hydropower, geothermal energy, and biomass. Unlike fossil fuels, which emit greenhouse gases and contribute to environmental
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