Find Energy Management Solutions in Singapore

Posted by Singaporenews on November 25th, 2015

Demand of energy to meet the need for fast development of society becomes larger and larger. At the same time, you will find your energy bills increase quickly. Related departments are looking for solutions to solve the shortage of energy such as developing new efficient energy. It may be far beyond your life as a common resident in Singapore. However, you can also be contributed to it as well as save your energy bills amount for hundreds s of dollars due to some energy solutions.

1. Fixed rate solution. Some companies in Singapore offer a budget plan to help people reduce energy bills. With budget plan, you will find out that your monthly electricity rate keeps the same according to the entire contract period. Energy companies will give the best rate for your business depending on your average electricity consumption so that you won't be affected by the price fluctuations of oil, foreign exchange as well as electricity tariff revisions. It means that your bills won't rise as the oil, foreign exchange as well as electricity tariff revisions rise.

2. SP Tariff Indexed solution. If you are not satisfied with the published SP Tariff rates you could try this solution to get your best electricity usage plan. Usually, some energy retailers in Singapore can give a discount for you of the published SP Tariff Index with flexible contract term options.

3. Fuel Indexed solution. If you pay more attention for oil and foreign exchange markets. This solution is perfect for you. You can keep your electricity prices according to a constant formula which is basing on foreign exchange prices and prevailing oil. What is more, you can track exactly as long as you can manage your costs and optimise your electricity usage effectively.

4. Energy maximising solution. With this solution, you can maximise your electricity consumption by making fluctuations in the electricity price when electricity rates are the lowest.

Each solution has its biggest benefits. If you want to find an energy solution that best suit your need, you should contact energy retailers and learn about the pros and cons before you take one.

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Joined: November 25th, 2015
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