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November 1, 2021
Tan also touched on the global factors surrounding the exit of the retailers.
October 18, 2021
Update [Oct 16]: Two OEM electricity providers - iSwitch and Ohm Energy - have recently announced that they will be exiting the electricity market in Singapore. Some reasons include the volatile electricity market that made pricing plans lower than the regulated tariff unsustainable and rising fuel costs. There's also a Reuters report stating that SilverCloud Energy, which supplies power to...
October 16, 2021
Power provider Ohm Energy said on its website that it had exited the retail electricity market in Singapore on Friday, making it the third company to do so over the past few days.
October 16, 2021
SINGAPORE - Two energy providers in Singapore, including one of the largest independent electricity retailers, are exiting the market and according to company sources at least three others have stopped accepting new clients amid rocketing wholesale energy prices. iSwitch Energy, one of Singapore's largest independent electricity retailers, said on its website that it will be ceasing electricity retail operations on...
October 15, 2021
Two energy providers in Singapore, including one of the largest independent electricity retailers, are exiting the market and according to company sources at least three others have stopped accepting new clients amid rocketing wholesale energy prices.
October 14, 2021
Two energy providers in Singapore, including one of the largest independent electricity retailers, are exiting the market and according to company sources at least three others have stopped accepting new clients amid rocketing wholesale energy prices.