Just Electric Pte Ltd is an electricity retailer in Singapore, dedicated to providing reliable and sustainable energy solutions to businesses and households. With a commitment to customer satisfaction and competitive pricing, Just Electric has established itself as a trusted player in the Singaporean electricity market. In this article, we will explore the history of Just Electric, their services, and their role in promoting sustainable energy consumption in Singapore.
Just Electric Company History
Just Electric Pte Ltd started its journey in the Singaporean electricity market in May 2016. As an authorized electricity retailer registered with the Energy Market Authority (EMA), Just Electric aims to meet the growing demand for electricity while promoting sustainability and offering competitive pricing.
With a vision to provide clean and affordable energy solutions, the company has emerged as a reliable and trusted energy partner for businesses and households in Singapore. They began offering electricity retail to Contestable Consumers in 2017 and expanded our services offered to include Demand Response and Interruptible Load program in 2019.
Demand Response and Interruptible Load programs are initiatives implemented in Singapore to manage electricity demand during periods of high energy consumption or supply constraints.
Demand Response is a program that encourages consumers to voluntarily adjust their electricity consumption in response to price signals or grid conditions. It allows consumers to actively participate in managing the electricity grid’s stability and reliability while potentially benefiting from cost savings.
The Interruptible Load (IL) program is a specific type of Demand Response program that targets large electricity consumers, such as industrial facilities or businesses with significant electrical loads. Participants in the IL program agree to temporarily reduce or interrupt their electricity usage upon request from the grid operator during critical grid conditions.
In exchange for their willingness to curtail their electricity consumption, participants receive financial incentives or other forms of compensation. These incentives help offset potential costs or revenue loss associated with interrupting their operations temporarily.
Services Offered
Just Electric offers a range of electricity plans tailored to meet the diverse needs of customers.
Whether it is for residential, commercial, or industrial purposes, Just Electric provides flexible options to cater to various energy consumption requirements.
Their plans are designed to ensure affordability, reliability, and convenience for customers, allowing them to effectively manage their energy consumption.
On their site, the plans they have listed are as follows:
Fixed Rate
A fixed energy rate provides consumers with certainty. Regardless of changes in oil prices or other factors, the energy rates remain the same. This caters to consumers who value certainty and have an idea of the amount they are willing to allocate to their energy expenses.
Tariff Discounted
The tariff discounted plan provides consumers with a discount on the regulated tariff rates for their electricity. Even though regulated prices change every quarter, consumers enjoy a fixed discount percentage throughout the tariff discounted plan.
Dual Tiered
A dual tiered plan has two rates: Day rates and Night rates. Day rates apply to usage between 7am to 7pm while Night rates apply to usage between 7pm to 7am. Both rates are priced according to the market for the best price possible in the quarter. New rates for the following quarter are updated before the next quarter start where night rates are typically lower than day rates.
Supporting Electric Vehicles
Just Electric recognizes the importance of sustainable transportation and supports the growing adoption of electric vehicles (EVs) in Singapore.
As EVs gain popularity, the demand for charging infrastructure and cost-effective electricity supply increases. Just Electric offers specialized plans for EV charging, enabling EV owners to charge their vehicles conveniently and at competitive rates. By promoting clean transportation, Just Electric contributes to reducing carbon emissions and creating a greener environment.
Promoting Sustainable Energy Consumption
Just Electric actively encourages sustainable energy consumption among its customers.
Through various initiatives, they educate and raise awareness about the importance of energy conservation and responsible energy usage. By promoting energy-efficient practices, Just Electric aims to reduce overall energy consumption and minimize environmental impact.
Government Support and Contestable Consumers
The liberalization of the electricity market in Singapore has allowed contestable consumers to choose their electricity retailers, offering more options and flexibility. Just Electric actively supports this initiative by providing competitive pricing, reliable service, and innovative solutions to meet the unique requirements of contestable consumers. With government support and regulations in place, Just Electric can continue to expand its services and reach a wider customer base.
Customer Support and Benefits
Just Electric is committed to delivering exceptional customer service and support. Their knowledgeable and friendly team is readily available to assist customers with any queries or concerns. Additionally, Just Electric provides customer-centric benefits such as rebates and cost-saving programs to enhance the overall customer experience.
Embracing the Future
As Singapore moves towards a greener and more sustainable future, Just Electric remains at the forefront of supporting the government’s initiatives. They actively explore renewable energy sources, innovative energy management solutions, and new technologies to improve energy efficiency and reduce carbon emissions. By embracing the latest advancements, Just Electric strives to remain a leading player in Singapore’s evolving electricity market.
How to switch suppliers in Singapore?
In Singapore, consumers have the option to switch energy suppliers to choose the most suitable one for their needs. Here’s a general overview of how you can switch energy suppliers in Singapore:
- Understand the Open Electricity Market (OEM): The Open Electricity Market was introduced in 2018, allowing consumers in Singapore to choose their electricity retailer. Under the OEM, you can select from various licensed retailers instead of being limited to the regulated tariff offered by SP Group.
- Compare electricity retailers: Research and compare different electricity retailers in Singapore. Consider factors such as pricing plans, contract terms, customer reviews, and additional services or benefits offered.
- Check your eligibility: Ensure that your premises are eligible for switching electricity retailers. Most residential and business premises in Singapore are eligible, but it’s essential to confirm this before proceeding.
- Select a retailer and plan: Once you have compared the available options, choose the electricity retailer and pricing plan that best suits your requirements. Take note of contract terms, billing arrangements, and any additional services or benefits included.
- Register your switch: Contact your chosen electricity retailer to initiate the switching process. They will guide you through the necessary steps, which may involve providing some personal information and documentation.
- Confirmation and meter reading: After registering, you will receive confirmation from your new electricity retailer. They will inform you about the switch date and coordinate with SP Group to facilitate a meter reading.
- Billing and services: Once the switch is complete, you will start receiving your electricity bill from your new retailer. They will handle billing and related services, such as meter readings and customer support.