Managing household utilities in Singapore has become more flexible in recent years, thanks to the Open Electricity Market (OEM) and various gas providers offering customised plans. Whether living in an HDB flat, a condominium, or a landed property, selecting the right electricity and gas plan can help reduce your monthly utility bills while ensuring a reliable supply of essential services.
With so many options on the market, feeling overwhelmed is natural. In this guide, we explain how electricity and gas plans work in Singapore and share practical tips to help you choose the best plan for your home.
- Types of Electricity Price Plans
- Top Electricity Retailers in Singapore (2025)
- Things to Consider When Choosing an Electricity Plan
- Understanding Gas Plans in Singapore
- Town Gas vs LPG: Which Is Better?
- How to Manage and Save on Gas Bills
- Which Plan Combination Is Best for Your Home?
- Final Tips Before You Sign Up
Before 2018, Singapore households had no choice but to buy electricity from SP Group, the national utility provider. However, with the introduction of the Open Electricity Market (OEM), residents can now choose from several electricity retailers offering different rates and packages.
Types of Electricity Price Plans
There are two main types of electricity plans available for households:
1. Fixed Price Plan
This plan offers a constant rate for electricity (per kWh) throughout the contract period, regardless of market fluctuations.
Who Should Consider This:
- Those who prefer certainty in their monthly bills.
- Homeowners who dislike dealing with price fluctuations.
- Households with consistent electricity usage.
2. Discount Off Regulated Tariff (DOT) Plan
This plan provides a fixed percentage discount off the regulated tariff set by SP Group. The tariff may fluctuate every quarter, but you enjoy guaranteed savings at that rate.
Who Should Consider This:
- Residents comfortable with variable bills.
- Those who prefer following SP’s tariff trends but want to pay less.

Top Electricity Retailers in Singapore (2025)
Here’s a quick look at some of the most popular electricity retailers serving Singaporean households:
Retailer | Plan Highlights |
Geneco | Competitive fixed price, DOT plans, and eco-friendly options |
Keppel Electric | Reliable service with stable fixed prices |
Senoko Energy | Attractive rebates and flexible payment options |
Tuas Power | Budget-friendly rates regular promotions |
Sembcorp Power | Offers both fixed and discounted tariff plans |
Note: Plans and rates are subject to change. Always check the latest offerings before committing.
Things to Consider When Choosing an Electricity Plan
1. Contract Duration
Most plans come with 12, 24, or 36-month contracts. Shorter contracts offer more flexibility, while more extended contracts may provide better rates.
2. Early Termination Fees
Exiting a contract before it ends usually incurs penalties. Read the terms carefully before signing.
3. Rebates and Promotions
Retailers often run promotions, offering bill rebates, free months, or vouchers. Factor these into your decision, but prioritise the long-term cost.
4. Green Energy Options
If you’re environmentally conscious, some retailers offer carbon-neutral or solar energy plans for a greener home.

Understanding Gas Plans in Singapore
Most households in Singapore use gas to cook and heat water. Your gas supply depends on your property type and location.
Types of Gas Supply
1. Town Gas (Piped Gas)
Supplied by City Energy, this is the most common type of gas for HDB flats and some condominiums. It’s piped directly into your home.
2. Liquefied Petroleum Gas (LPG)
Used mainly in landed properties and condos where piped gas isn’t available. LPG is supplied in portable gas cylinders.
Town Gas vs LPG: Which Is Better?
Feature | Town Gas (Piped) | LPG (Cylinder) |
Convenience | Continuous supply, no refills needed | Requires regular cylinder replacements |
Cost | Stable monthly billing | Pay per cylinder; rates may vary |
Suitability | HDBs, most condos | Landed homes, some condos |
Availability | Widely available | Restricted by location and delivery schedules |
For most HDB and condo residents, town gas is the preferred and most convenient option. LPG remains popular in landed homes, especially where piped gas is unavailable.
How to Manage and Save on Gas Bills
- Use energy-efficient appliances with a 3-tick or 4-tick rating.
- Check for gas leaks regularly and ensure proper maintenance.
- Don’t leave gas stoves running unattended.
- For LPG users, buy from authorised suppliers to ensure safety and fair pricing.
Which Plan Combination Is Best for Your Home?
Choosing the best electricity and gas plan depends on your lifestyle, property type, and consumption patterns.
For HDB Residents
- Consider a fixed-price electricity plan for stability.
- Stick with City Energy’s piped gas for hassle-free supply.
- Opt for LED lights and inverter aircon units to save energy.
For Condo Owners
- Check if your condo has a centralised energy management system.
- If eligible, compare OEM retailers for electricity savings.
- Use piped gas if available; otherwise, LPG may be required.
For Landed Property Owners
- You likely use LPG for gas supply.
- Consider larger capacity, energy-efficient appliances to manage overall consumption.
- Electricity retailers often offer bulk discounts for high-usage households.
Final Tips Before You Sign Up
- Compare retailers regularly using platforms like OEM’s Compare Tool.
- Watch out for hidden fees or administrative charges.
- Read reviews to ensure the retailer provides good customer support.
- For gas services, always engage licensed gas service workers for installation and maintenance.
Final Thoughts
With the variety of electricity and gas plans now available in Singapore, homeowners have more power to manage their utility bills. Whether you live in an HDB flat, a condo, or a landed house, choosing the right plan can lead to significant cost savings in the long run.
By understanding your household’s energy needs and comparing available options, you can enjoy peace of mind knowing you’re getting the best value without compromising comfort or safety.
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