Background Amidst all the price hikes – GST & Tap Water & Public Transport and the list goes on… FINALLY! We have something to look forward to. Lower household electricity price through the launch of Open Electricity Market (OEM). Up to 50% off regulated tariff!!! YahooOoO! What is OEM? Starting April 2018, households and businesses in Jurong can choose to buy electricity from a retailer with a price plan that best meets their needs. This soft launch of the Open Electricity Market (previously referred to as Full Retail Competition) will provide consumers with more choices and flexibility in their electricity purchases. Unfortunately, the rest of Singapore, y’all gonna wait till later part of the year to enjoy the perks from OEM. (Read More Here) Why the price so low ah? Before OEM, Singapore Power is the sole retailer for household electricity (Singapore PowerAssets’ profit was $433.6 million – Read More ......