Electricity Meter Singapore

An electricity meter electric meter electrical meter or energy meter is a device that measures the amount of electric energy consumed by a residence a business or an electrically powered device.

Electricity meter singapore.

This is to recover the costs of billing and meter reading data management retail market systems as well as for market development initiatives. Electric utilities use electric meters installed at customers premises for billing and monitoring purposes. Electricity tariff is now at 19 60 cents per kilowatt hour kwh from june to september 2020 down 15 from the april to june quarter. They are typically calibrated in billing units the most common one being the kilowatt.

Electricity tariff in singapore. As at end september 2019 about 290 000 such meters had been installed at households across singapore said the energy market authority. Alternatively sp group will estimate it for your convenience. Your contract can start as early as 5 business days after your retailer informs sp group to make the switch.

About 95 per cent of singapore s electricity is generated from imported natural gas the prices of natural gas are indexed to oil prices. Or 20 97 cents per kwh if you want to factor in the 7 gst. Your latest meter reading is required to make the switch to your selected retailer. On the month where your meter is not read sp group will estimate the month s consumption based on a methodology approved by the energy market authority.

Advanced meters also known as smart meters or advanced metering infrastructure ami meters allow electricity consumption. It can be submitted using the form below. Itri which is innovating the way utilities and cities manage energy and water today announced a collaboration with edmi limited a global smart metering solutions leader to develop and launch a smets2 compliant gas meter for the united kingdom. To empower households to use electricity more efficiently advanced meters will be installed across singapore over the next five years.

In simpler words it means that if you live in a 4 room hdb flat. The remaining 1 1 million homes will have them installed. This is the market practice in asia for natural gas contracts. Life s brighter with keppel electric your 1 choice electricity retailer with 20 year of experience in powering singapore s electricity grid.

Sp group will notify you in advance via mail when your advanced meter is scheduled to be installed at your premises.