Plugging into green power in Singapore

(Eco Business, 31 Oct 2018) From November, homes and businesses in Singapore will be able to buy electricity from the retailer of their choice. Eco-Business talks to ES Power, a home-grown company that offers carbon-neutral, telco-like power plans that go easy on the environment and people’s utility bills.

Households in Singapore will soon be able to purchase electricity plans that work like telco data plans, and are carbon-neutral to boot. 

This means that they will pay a flat fee for their electricity use as long as the amount is below a specified threshold, and the greenhouse gas emissions from that use will be offset by carbon credits so that there is a net-zero impact on the environment.

ES Power is the environment-focused energy division of resource recovery company Environmental Solutions (Asia). ES Power plans to offer such plans to households from November 2018 after Singapore starts to fully liberalise its electricity market. 

Currently, in the city-state, only consumers that use more than 2,000 kilowatt-hour (kWh) of electricity per month have the freedom to purchase electricity from the retailer of their choice.

About 90,000 commercial and industrial users who make up about 80 per cent of the country’s electricity demand are eligible. All other customers, including 1.4 million households and small businesses, have to buy electricity from the national utility SP Group at a regulated tariff.

Singapore’s Energy Market Authority, however, plans to give all electricity users in the country the same freedom from 1 November 2018, by zones, ending with full liberalisation by May 2019.

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Eco Business, 31 Oct 2018: Plugging into green power in Singapore