Open Electricity Market Promo Codes To Save Money! (July 2019)
Kenneth Fongâ—Ź
So you’ve found out who is the cheapest electricity retailer on the market and you’re fully aware of the hidden fees to look out for when it comes to choosing the best electricity retailer.
But what if you had access to a consolidated list that tells you:
- What kind of discounts you can get for Discount Off Regulated Tariff plans, and
- What kind of open electricity market promo codes are available which you can take advantage of?
Wouldn’t that be awesome?
I thought so too. And decided to use office hours to put together this extremely useful article for my own the Seedly community’s benefit.
After all, who wouldn’t want to save more money when it comes to paying for something as basic as electricity?
Open Electricity Market Promo Codes July 2019
The following OEM promo codes and deals are for Discount Off Regulated Tariff Plans:
| Discount Off Regulated Tariff | 6 Months | 12 Months | 24 Months | 36 Months | Credit Card Deal | Promo |
|---|---|---|---|---|---|---|
| Best Electricity | - | 21% off | 22% off | - | [POSB] Enjoy 1% cash rebate on POSB Everyday Card. | [24 mth plan] $20 bill rebate for new sign ups. [All plans] $50 aircon servicing voucher for new Natural Cool customers (valid only for roadshows). |
| Diamond Electric | - | 25% off | - | - | [UOB] Up to 5% rebate with UOB One card for recurring payment. [UOB & Maybank] $24 bill rebate on 1st month's bill by setting up recurring bill payment with UOB or Maybank. First 1,000 till 30 Sep 2019. | [All plans] Free 12mth Personal Accident Insurance ($20k) by AIA. |
| Geneco | - | - | 22% off | - | [POSB] Enjoy 1% cash rebate on POSB Everyday Card. [SCB] One-time cashback of $50 by setting up recurring bill payment with Standard Chartered Credit Cards First 2,000 till 31 Aug 2019. [UOB] Up to 5% rebate with UOB One card + additional 1% UOB offer for 12 months till 31 Dec 2019 for recurring payment. | $68 bill rebate for online applicants with promo code “GET68”. First 5,000 only. |
| iSwitch | - | 22.8% off | *23% off | ^5% off | [POSB] Enjoy 1% cash rebate on POSB Everyday Card. [UOB] Up to 5% rebate by setting up recurring bill payment with UOB One card. | [24 mth plan] $50 bill rebate on the 12th mth. [36 mth plan] Complimentary iPad: Silver colour, 2018 WiFi Model, 6th Gen, 32GB memory and 9.7" display. [All plans] Free Personal Accident Insurance by AIA. |
| Keppel Electric | - | - | 22% off | - | [SCB] One-time cashback of $65 by setting up recurring bill payment with Standard Chartered Credit Cards, with promo code 'SCBKEP65' First 500, till 31 Aug 2019. | One-time $60 bill rebate with promo code 'ONLINE60' Valid until 31 Aug 2019. Free Waters Therapy Shower Set worth $99 with promo code 'CGFREEWS' $60 Town Gas rebates with promo code 'CGKEP060' from City Gas. Earn 6,800 NTUC LinkPoints with promo code 'PLUS6800' Valid until 31 Aug 2019. |
| Ohm Energy | 25% off | 25% off | - | - | - | One-time $20 off bill with promo code 'OHMREF232672'. [6 mth plan] Additional 1% discount on prevailing 6-month Ohm Discount rate throughout Supply Term upon renewal. [12 mth plan] Additional 1.5% discount on prevailing 12-month Ohm Discount rate throughout Supply Term upon renewal. |
| PacificLight | - | 22% off | 22% off | - | [AMEX] Receive $80 rebate off your electricity bills when you apply for an eligible American Express® Card and spend. Valid from 1 Mar 2019 to 30 Sep 2019. [HSBC] Use 'HSBC50' for 24-month plan to get a one-time $50 Cashback (incl. GST). Valid for 24 month plan only. | [Hipvan] Use promo code 'BRIGHT15' to enjoy 15% off storewide with no minimum spend Valid to 31 Aug 2019. [Spizza] Use promo code 'PROMOPACIFICLIGHT' to enjoy $10 off total dining bill with minimum spend of $50. Valid till 31 Aug 2019. |
| Sembcorp Power | - | 20.5% off | 22.5% off | - | [SCB] One-time cashback of $50 by setting up recurring bill payment with Standard Chartered Credit Cards. First 1,500 customers, till 31 Aug 2019. | [12 mth plan] One-time $25 bill rebate for NTUC members with promo code 'NTUC12' Valid till 11 Sep 2020. Free 12-month Home Protection Plan with Great Eastern. Other perks - $60 off MyRepublic fibre broadband plans & free service installation. - 60% off Bosch home appliances. - Free 6 months BlueSG membership for 1-year premium membership. - 2 weeks of complimentary digital access to all SPH newspaper publications. [24 mth plan] One-time $50 bill rebate for NTUC members with promo code 'NTUC24' Valid till 11 Sep 2020 Free 12-month Home Protection Plan with Great Eastern. Other Perks - $60 off MyRepublic fibre broadband plans & free service installation. - 60% off Bosch home appliances. - Free 6 months BlueSG membership for 1-year premium membership. - 2 weeks complimentary digital access to all SPH newspaper publications. - Earn 2,000 KrisFlyer miles, limited to first 1,500 sign-ups. |
| Senoko Energy | - | 18% off | 19% off | - | [SCB] One-time $50 rebate by setting up recurring bill payment with Standard Chartered Credit Cards with promo code 'SC50' First 1,000, till 31 Aug 2019. [OCBC] One-time $40 rebate by setting up recurring bill payment with OCBC credit cards with promo code 'OCGET40' First 3,000. Additional 3% monthly rebate with OCBC 365 credit card. [UOB] $35 rebate by setting up recurring bill payment with UOB card, with promo code 'UOBSE35' First 1,000. Additional 5% monthly rebate with UOB ONE card. | - |
| Sunseap | 23% off | 23% off | 10-23% off | - | [UOB] Up to $40 bill rebate by setting up recurring bill payment with UOB credit card Valid till 30 Sep 2019, applicable only to new sign ups. | [6 mth plan] $30 off first month's bill using promo code SUNSEAPSV1. Valid till 31 Jul 2019, available only to new sign ups. [12 mth plan] $50 off first month's bill using promo code SUNSEAPSV2 Valid till 31 Jul 2019, available only to new sign ups. [24 mth plan] $60 off first month's bill using promo code SUNSEAPSV3 Valid till 31 Jul 2019, available only to new sign ups. |
| Tuas Power | 18% off | - | 22% off | - | [POSB] Enjoy 1% cash rebate on POSB Everyday Card. | [All plans] Free 1 month electricity with code FBFE4 Valid till 31 Jul 2019 [24 mth plan] Enjoy $60 bill rebate for any 24 months plan sign up. Valid for first 2,000 only. [NTUC LinkPoints] NTUC members enjoy 1 LinkPoint with every 8 kWh used. [All plans] Free 12 Months Insurance Protection with Aviva (with choice of Home/ Personal Accident/ Travel). |
| Union Power | 23% off | - | 23% off | - | [POSB] Enjoy 1% cash rebate on POSB Everyday Card. | [24 mth plan] Bill rebate of $20 ($10 off on 1st and 2nd bill). Free Union Home Contents Insurance (worth $80 annual saving) with coverage up to $30,000 for entire contract duration. |
Note: Discount Off Regulated Tariff Plans provide a fixed discount off the regulated tariff, but electricity rates will change in tandem with regulated tariff. These plans are for consumers who do not mind changes in electricity rates every quarter as long as it is lower than the regulated tariff.
Disclaimer: We are not sponsored by anyone, we are just this obsessed with saving money that we will go to the moon to get this information for you.
Want even more help in deciding which electricity plan is the best for you?
Why not check out Seedly’s Comparison Tool and read real user reviews to make the best decision?
Open Electricity Market Credit Card Promos And Perks
Credit card promos, special deals, giveaways, and perks come and go. But you can always count on a couple of things:
- Cash rebate with POSB Everyday Card (covers most retailers and has no expiry on validity for now)
- The convenience of an SP Group combined bill
Open Market Electricity Retailer POSB Everyday Card 1% cash rebate? Combined Bill With SP?
Best Electricity Yes Yes
Diamond Electric No No
Geneco Yes No
iSwitch Yes No
Keppel Electric No No
Ohm Energy No Yes
PacificLight No No
Sembcorp Power No No
Senoko Energy No No
Sunseap No No
Tuas Power Yes Yes
Union Power Yes No
Cash Rebate With POSB Everyday Card
Credit card promos change quite regularly. But the one card that offers cash rebates on most of the electricity retailers, and doesn’t seem to have an expiry for now. Is none other than the: POSB Everyday Card
If you do have the card, here’s a list of electricity retailers where you can enjoy 1% cash rebate if you set up a recurring payment using your POSB Everyday Card.
- Best Electricity
- Geneco
- iSwitch
- Tuas Power
- Union Power
It’s not much, but hey, it’s still something right?
Just so you know, the cash rebate is credited by the end of the following calendar month on the month which the transaction is made. No cash rebates will be awarded beyond the maximum spend of S$100 every month, meaning the maximum cash rebate off electricity is S$1.
If you own other credit cards and want to really maximise your savings, have a look at our Seedly Comparison Tool to find out what kind of credit card promos are available for your card!
Electricity Market Retailers With SP Group Combined Bill
For those who want a hardcopy bill for reference, because they’re old school like that, but still wish to be environmentally friendly…
Here’s a list of electricity retailers who currently engage SP Group for their billing services:
- Best Electricity
- Ohm Energy
- Tuas Power
Yep, that means you don’t have to pay extra for a printed bill. And you won’t have to deal with electronic bills in your email either because your inbox looks like this:
What’s The Best Way To Save Money On My Electricity Bill?
It’s simple.
You need to be on the best electricity plan that suits your needs.
And if you don’t know how to pick the best electricity plan for yourself, why not use Seedly’s Comparison Tool and read real user reviews to make a better decision? It’s free to use and lists ALL the different plans from the various retailers in Singapore, along with credit card promos and deals.
All it takes is just a few clicks and you just might SAVE BIG on your next electricity bill…
I Want To Save Money On My Electricity Bill!
Other Related Articles
Know of any promo codes or deals that everyone else should know about? Let me know in the comments below!
