All Hour Fixed Rates
Benefits of All Hour Fixed Rate:
- Fixed energy rates helps you to avoid volatile pool prices
- Certainty of knowing what to expect in your electricity bill
- Improves your financial budgeting and helps in cash flow planning
All Hour Fixed Rate is suitable for you if you:
- Operate 24 hour facilities such as manufacturing or semiconductor plants
- Have high electricity consumption during peak hours (0700-2300 hours) and low electricity consumption during off peak hours (2300-0700 hours)
- Want a high degree of price certainty – not influenced by fuel prices
- Are prepared to take a longer term view on your energy expenses
How it works:
- Electricity bills are calculated based on fixed rate x electricity consumption
- Enjoy price certainty with fixed electricity rates during your contract period.
Risk Appetite: LOW | Price Certainty: HIGH
MyElectricity Pte Ltd’s DOT product is pegged to the regulated national tariff, which offers guaranteed discounts off the national tariff rates. This is an energy solution that provides customers guaranteed savings throughout the contractual period, minimising the risk of price fluctuation. This plan is perfect for customers who want to pay less for electricity but are risk adverse.
- Guaranteed savings from the regulated tariff rates.
- Certainty of knowing what to expect in your electricity bill.
- Improves your financial budgeting and helps in cash flow planning.
MyElectricity Pte Ltd Tariff Plan is suitable for you if you:
- Are new to the electricity market and are not familiar with hedging for fixed electricity rates.
- Want guaranteed savings throughout your contractual term.
- Do not want to constantly monitor the electricity and fuel market.
How it works:
- Electricity bills are calculated based on electricity consumption x MyElectricity Pte Ltd Tariff rate.
- Break free from a fixed contractual period and enjoy discount off SP-Services tariff electricity rates.
Risk Appetite: HIGH | Price Certainty: LOW
The pool price energy plan is tagged to the electricity pool market where rates fluctuate every half an hour depending on market demand and supply equilibrium and are highly volatile. This is an energy solution with no contractual duration and allows customers to switch to other products during changing market conditions. This plan is suitable for users who are able to accept high volatility in energy pricing and willing to manage risk of exposure in hope of potentially low energy rates.
Benefits of Pool Price Energy Plan:
- Flexible Contract Term Options.
- Potential Low Energy Rates.
- Option to convert to lock in energy rates when oil price is low.
Pool Price Energy Plan is suitable for you if you:
- Are able to maximise your electricity consumption during periods when electricity demand are low.
- Are able to manage risk of exposure in hope to get potentially low energy rates.
- Are looking out for opportunities to hedge your electricity price.
Would like to closely monitor the electricity and fuel market.
How it works:
- Electricity rates are calculated based on sum of total usage in the month.
- Computation for one half-hourly period is the half-hourly usage X wholesale pool price half-hourly rate.
- Pay lower than the SP-Services tariff electricity rates with a guaranteed discount.