At a Glance

Switching to better savings in the new liberalised electricity market is as easy as 1, 2, 3. Just pick a plan that suits you, and we’ll take care of the registration details.

Save up to S$400 a year*

on your electricity bills

No forms to fill

Just login to digibank

Auto bill payments

when you switch with DBS/POSB

*S$400 savings a year is based on the average electricity consumption of a 5-room household in 2018, with electricity tariff as of Q2 2019.


How to Switch

Choose a plan that suits your needs

Find out about the different plans here.
See our list of participating companies here.

Login to digibank

Your registration details will be filled in automatically.
Just review and confirm your details.

Switch and set up automatic payment

You can choose to set up GIRO payments right away.



Switch your electricity company conveniently and save on bills.

What I need to know

From SP Group, you can switch to any of 13 different companies for your electricity needs.


When can I switch?


Why should I switch?


Which plan suits me best?

These are the companies currently available on Electricity Marketplace.

Choose this if you prefer to lock in a stable tariff for more peace of mind.

Choose this if you feel the regulated tariff# will stay or go lower, for more savings.

#The regulated tariff is the rate at which SP Services charges its customers for electricity usage. It is reviewed every 3 months.


Participating Companies

These are the companies currently available on Electricity Marketplace.

Best Electricity

Hotline No.: 6898 2020


Hotline No.: +65 6363 6677 

Keppel Electric

Tel: 6803 3000


Tel: 1800 505 9900


Hotline No.: 6255 5623

Tuas Power

Hotline No.: 6838 6888

Union Power

Tel: 6858 5555


This does not represent the full list of available retailers in the market. For the full list, please refer to the Open Electricity Market website here.



Starting 1 May 2019, all households in Singapore is eligible to switch on Electricity Marketplace as long as:

  1. Is a DBS/POSB customer with digibank
  2. Have a valid email address and contact number

Search for plans


Frequently Asked Questions

You will need to be a POSB/DBS customer with digibank (iBanking), a valid email address and contact number. If you are an existing SP Services customer, you will also need your SP Services Utility account no. 89XXXXXXXX. This can be found on your top left-hand corner of your SP Services utilities bill.

If you do not have a POSB/DBS account, please sign up here. Upon completion, you may proceed to start your application via our portal.

Currently this portal is only open to POSB/DBS customers with digibank, a valid email address and contact number. You may use the portal after you have signed up for digibank.

To find out more about digibank, click here.

New to digibank?
Apply now

It depends on the retailer and price plan. Some retailers may offer a smart meter, which you may need to install a new meter. Your new retailer will contact you if it is required.

Your new retailer will work with SP Services to ensure a smooth transition during the switching period.

Yes, all households can switch back to buying electricity from SP Group at the regulated tariff. Please check with your retailer if any early termination or other charges that may apply, before making the decision to switch back.

You will continue to receive your water, gas and refuse bill from SP Services. The electricity bill will be sent separately by your new retailer.

Your new retailer will inform you on the transfer date upon confirmation of sign up by the retailer.

For more information, you may refer to the Energy Market Authority at or the Open Electricity Market at

For enquiries on the electricity price plans and retailers, please reach out to the retailer directly.

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