If your postal code starts with 58 to 78, thank your lucky stars as the Singapore Government has bestowed you an opportunity to redeem an early Christmas gift for your household. Household with these postal codes will be eligible to participate in the Open Electricity Market after the successful trial in Jurong earlier this year. In short, you no longer have to purchase your electricity plan from SP Services only. Instead, you can choose from several electricity retailers just like how choose mobile phone plans from various telcos. You would be able to score instant savings on your electricity bills when you switch out of Singapore Power. Savings are almost guaranteed as these retailers are throwing out insane promotions in an attempt to grab market share!