{"id":6106,"date":"2019-05-06T08:15:05","date_gmt":"2019-05-06T08:15:05","guid":{"rendered":"http:\/\/www.smartouch.com.sg\/post\/?p=6106"},"modified":"2025-07-07T02:10:50","modified_gmt":"2025-07-07T02:10:50","slug":"bca-epss-5","status":"publish","type":"post","link":"https:\/\/www.smartouch.com.sg\/post\/bca-epss-5\/","title":{"rendered":"About The Open Electricity Market"},"content":{"rendered":"<div class=\"smart-adver\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"smart-3237647391\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-1806286982415317\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-1806286982415317\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div><p><div class=\"or_row\"><div class=\"or_column   or_col-sm-12\"><div class=\"or-col-container\"><div class=\"or_text_block\"><\/p>\n<table class=\"mcnTextContentContainer\" border=\"0\" width=\"100%\" cellspacing=\"0\">\n<tbody>\n<tr>\n<td class=\"mcnTextContent\" valign=\"top\"><span style=\"font-family: Ubuntu; font-size: 13px;\">Smart Touch Technology is a 15 years experienced software, hardware and consultancy company. We specialized in the field of software development Including\u00a0<a href=\"https:\/\/www.smartouch.com.sg\/bca-epss-solution-bas-system\/\" target=\"_blank\" rel=\"noopener\">BCA BAS EPSS solution<\/a>, payroll (IRAS), \u00a0time and attendance (TMS), eLeave for \u00a0HR system (HRMS), \u00a0job costing, worker dormitory system, hostel billing managment system, visitor management system (VMS) for security system solution, cloud TMS for multi-chain solution.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\n<\/div><div class=\"or_text_block\"><p> <span style=\"font-family: verdana, geneva; font-size: 14px;\">Since the Energy Market Authority (EMA) announced the nationwide roll-out of the\u00a0<a href=\"https:\/\/www.geneco.sg\/open-electricity-market\/?utm_campaign=propertyguru-adv9&amp;utm_source=referral&amp;utm_medium=article&amp;utm_term=open-electricity-market\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Open Electricity Market<\/strong><\/a>\u00a0(an initiative to fully liberalise the retail power market) in November last year, at least 30 percent of households in Singapore have made the move to change electricity retailers for greater savings.<\/span> <\/p>\n<\/div><div class=\"or_text_block\"><p> <span style=\"font-family: verdana, geneva; font-size: 14px;\"> According to the EMA, consumers who switched electricity retailers paid about 20 to 30 percent less than the regulated tariff.<\/span> <\/p><div class=\"smart-advertise\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"smart-3930181688\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- Advertisement -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-1806286982415317\"\r\n     data-ad-slot=\"3480965656\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<\/div><div class=\"or_text_block\"><p> <span style=\"font-size: 15px;\"><span style=\"color: #0000ff;\">Looking for<\/span>\u00a0<a href=\"https:\/\/www.smartouch.com.sg\/bca-epss-solution-bas-system\/\" target=\"_blank\" rel=\"noopener\">BCA System<\/a>?<\/span> <\/p>\n<\/div><div class=\"or_text_block\"><p> <span style=\"font-family: verdana, geneva; font-size: 14px;\">While a large group of consumers have made the switch, there are others who are sitting on the fence, as they are not sure if the savings are worth the extra effort of figuring out the options.\u00a0<\/span> <\/p>\n<\/div><div class=\"or_text_block\"><p> <span style=\"font-family: verdana, geneva; font-size: 14px;\">So the question now is, to switch or not to switch? We\u2019ve taken ourselves up to the task of debunking some of the common myths about the OEM to help you make an informed decision.<\/span> <\/p>\n<\/div><div class=\"or_row or_row_inner\"><div class=\"or_column_inner  or_col-sm-12\"><div class=\"or_wrapper\"><\/div><\/div><\/div><\/div><\/div><\/div><div class=\"or_row\"><div class=\"or_column   or_col-sm-12\"><div class=\"or-col-container\"><div class=\"\" style=\"height: 20px; clear: both; width:100%;\"><\/div><div class=\"or_shortcode or_single_image\" style=\"text-align: center;\"><a  href=\"http:\/\/www.smartouch.com.sg\/bca-epss-solution-bas-system\/\" title=\"Face Recognition Biometric Reader\"><img  title=\"About The Open Electricity Market\" decoding=\"async\" src=\"https:\/\/www.smartouch.com.sg\/post\/wp-content\/plugins\/origin_pro\/assets\/images\/get_logo.png\" class=\"or_image_empty\"  alt=\"About The Open Electricity Market\"  \/><\/a><p class=\"scapt\">Face Recognition Biometric Reader<\/p><\/div><div class=\"\" style=\"height: 20px; clear: both; width:100%;\"><\/div><div class=\"or_text_block\"><p> <strong>1. Will my electricity supply be disrupted during the switch?\u00a0<\/strong> \u00a0 <\/p>\n<\/div><div class=\"or_text_block\"><p> <span style=\"font-family: verdana, geneva; font-size: 14px;\">While the OEM now allows consumers to choose their preferred electricity provider to enjoy greater savings, the supply of electricity does not change. SP Group continues to operate the national power grid, and will continue to be in charge of providing electricity supply to your home. Hence, switching electricity retailers will not affect your electricity supply at any point in time.<\/span> <\/p>\n<\/div><div class=\"or_text_block\"><p> <span style=\"font-family: georgia, palatino; font-size: 15px;\"><span style=\"color: #0000ff;\">Click here to find out more about<\/span>\u00a0<a href=\"https:\/\/www.smartouch.com.sg\/bca-epss-solution-bas-system\/\" target=\"_blank\" rel=\"noopener\">BCA EPSS System<\/a><\/span> <\/p>\n<\/div><div class=\"or_text_block\"><p> <strong>2. Will I incur extra fees for switching electricity retailers?<\/strong> <\/p>\n<\/div><div class=\"or_text_block\"><p> <span style=\"font-family: verdana, geneva; font-size: 14px;\">This will depend on the electricity retailer that you pick. Some will not be any extra costs if you choose to switch to one of their electricity plans. Also doesn\u2019t require consumers to put down any security deposit. Before making the switch to any other electricity retailers, it is recommended to do your due diligence, and read through all the factsheets and terms and conditions to make sure there are no other miscellaneous fees.<\/span> <\/p>\n<\/div><div class=\"\" style=\"height: 20px; clear: both; width:100%;\"><\/div><div class=\"or_shortcode or_single_image\" style=\"text-align: center;\"><a  href=\"http:\/\/www.smartouch.com.sg\/bca-epss-solution-bas-system\/\" title=\"Biometric Authentication Terminal\"><img  title=\"About The Open Electricity Market\" decoding=\"async\" src=\"https:\/\/www.smartouch.com.sg\/post\/wp-content\/plugins\/origin_pro\/assets\/images\/get_logo.png\" class=\"or_image_empty\"  alt=\"About The Open Electricity Market\"  \/><\/a><p class=\"scapt\">Biometric Authentication Terminal<\/p><\/div><div class=\"\" style=\"height: 20px; clear: both; width:100%;\"><\/div><div class=\"or_text_block\"><p> <strong>3. It is troublesome to switch electricity retailer\u00a0<\/strong> <\/p>\n<\/div><div class=\"or_text_block\"><p> <span style=\"font-family: verdana, geneva; font-size: 14px;\">Contrary to what consumers think about it being a hassle to switch electricity retailers, the process is in fact, hassle-free and very straightforward. Consumers simply need to fill up a form and provide their NRIC details to the newly selected provider and the rest will be taken care of for them. The electricity retailer that you pick will take charge of the entire process, with SP Group ensuring a seamless transfer.<\/span> <\/p>\n<\/div><div class=\"or_text_block\"><p> <span style=\"font-size: 15px; font-family: georgia, palatino;\"><span style=\"color: #0000ff;\">Click here to find out more about<\/span>\u00a0<a href=\"https:\/\/www.smartouch.com.sg\/bca-epss-solution-bas-system\/\" target=\"_blank\" rel=\"noopener\">BCA EPSS System<\/a><\/span> <\/p>\n<\/div><div class=\"or_text_block\"><p> <strong>4. Electricity plans and prices<\/strong> <\/p>\n<\/div><div class=\"or_text_block\"><p> <span style=\"font-family: verdana, geneva; font-size: 14px;\">With an OEM, buying electricity these days is almost like picking a mobile phone plan \u2013 there are plenty of options to cater to different needs. There are a lot of retailer to help you enjoy greater savings.<\/span> <\/p>\n<\/div><div class=\"or_text_block\"><p> <span style=\"font-family: verdana, geneva; font-size: 14px;\">With no hidden charges and low prices all year round, you can always expect big savings for your electricity bills.<\/span> <\/p>\n<\/div><\/div><\/div><\/div><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6106","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.smartouch.com.sg\/post\/wp-json\/wp\/v2\/posts\/6106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.smartouch.com.sg\/post\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.smartouch.com.sg\/post\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.smartouch.com.sg\/post\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.smartouch.com.sg\/post\/wp-json\/wp\/v2\/comments?post=6106"}],"version-history":[{"count":5,"href":"https:\/\/www.smartouch.com.sg\/post\/wp-json\/wp\/v2\/posts\/6106\/revisions"}],"predecessor-version":[{"id":6112,"href":"https:\/\/www.smartouch.com.sg\/post\/wp-json\/wp\/v2\/posts\/6106\/revisions\/6112"}],"wp:attachment":[{"href":"https:\/\/www.smartouch.com.sg\/post\/wp-json\/wp\/v2\/media?parent=6106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.smartouch.com.sg\/post\/wp-json\/wp\/v2\/categories?post=6106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.smartouch.com.sg\/post\/wp-json\/wp\/v2\/tags?post=6106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}