Energy retailer exits reflect severe global shock, but no disruption to S'pore electricity supply: Tan See Leng
Tan also touched on the global factors surrounding the exit of the retailers.
Source: mothership.sg
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Top News In Silvercloud Energy Today - Breaking & Trending Today
Open Electricity Market: Which remaining OEM Plan should homeowners take?
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...
Source: asiaone.com
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Third electricity provider calls it quits in Singapore
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.
Source: reuters.com
Electricity providers iSwitch, SilverCloud quit Singapore market amid global power crunch
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...
Source: asiaone.com
UPDATE 1-Singapore electricity providers hit by global power crunch quit market
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.
Source: devdiscourse.com