Undeniably, the world is witnessing a global surge in energy prices. Many factors have a hand in this phenomenon - economies recovering from a post-pandemic slump, high sustained inflation as well as the Ukrainian-Russian armed conflict. Particularly, the war in Eastern Europe has far and deep-reaching consequences. The moratorium on purchases of Russian oil by the EU and US has sent oil prices skyrocketing. Unfortunately, 95% of Singapore’s electricity is generated using natural gas - a derivative of crude oil itself, and will continue to be the dominant fuel source in the near future, according to Singapore’s Energy Market Authority. This means that Singapore energy costs will be at the mercy of global oil price movements. So what can we do to limit the impact of increasing electricity prices? In this article, we have explored a few innovative approaches to save money on your next utility bill. Consider Your Options...