{"id":2489,"date":"2019-03-13T17:23:45","date_gmt":"2019-03-13T09:23:45","guid":{"rendered":"http:\/\/www.sunproenergies.com\/?p=2489"},"modified":"2024-03-20T10:39:56","modified_gmt":"2024-03-20T02:39:56","slug":"should-i-switch-to-an-electrical-retailer","status":"publish","type":"post","link":"https:\/\/staging.sunproenergies.com\/development\/should-i-switch-to-an-electrical-retailer\/","title":{"rendered":"The Solar Dilemma &#8211; Should I switch to an electrical retailer?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">In the area of long term cost savings discussed previously, switching energy retailers in the <a href=\"https:\/\/www.openelectricitymarket.sg\/home?utm_source=google&amp;utm_medium=sem&amp;gclid=EAIaIQobChMIwpXkifLa4AIVy42PCh0CYgphEAAYASAAEgIXjPD_BwE\">Open Electricity Market<\/a> still contributes to a reduction on your electrical bills. <\/span><span style=\"font-weight: 400;\">As a producer of your own energy, you are not as affected by upheavals in the OEM. You may however still have this thorn of a question in your side: <em>&#8220;As a solar owner, should I switch retailers in the OEM?&#8221;<\/em><\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-6330 size-full\" src=\"https:\/\/staging.sunproenergies.com\/development\/wp-content\/uploads\/non-solar-owner.jpg\" alt=\"\" width=\"700\" height=\"350\" srcset=\"https:\/\/staging.sunproenergies.com\/development\/wp-content\/uploads\/non-solar-owner.jpg 700w, https:\/\/staging.sunproenergies.com\/development\/wp-content\/uploads\/non-solar-owner-300x150.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p><span style=\"font-weight: 400;\">Below are the <strong>2 things you really need to know<\/strong>!<\/span><\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-6331 size-full\" src=\"https:\/\/staging.sunproenergies.com\/development\/wp-content\/uploads\/2things.jpg\" alt=\"\" width=\"700\" height=\"250\" srcset=\"https:\/\/staging.sunproenergies.com\/development\/wp-content\/uploads\/2things.jpg 700w, https:\/\/staging.sunproenergies.com\/development\/wp-content\/uploads\/2things-300x107.jpg 300w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">To know your path, you must first ask yourself:\u00a0<\/span><i style=\"font-weight: bold;\">DOES YOUR PV SYSTEM PRODUCE MORE THAN YOU CONSUME AND DO YOU EXPORT ELECTRICITY BACK TO THE GRID?<\/i><\/p>\n<p><strong><i>If your answer is YES:<\/i><\/strong><\/p>\n<p><strong>You should not switch energy retailers.<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">Sticking with SP will give you a better sell-back rate and return. The USEP <em>(<a href=\"https:\/\/www.ema.gov.sg\/cmsmedia\/publications_and_statistics\/publications\/ses\/2018\/energy-prices\/index.html\">Uniform Singapore Energy Price<\/a>)<\/em> rates for selling back electricity from other electricity retailers are based on their lower consumer rates.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Here is a quick example: <\/span><\/p>\n<p><em><span style=\"font-weight: 400;\"><img decoding=\"async\" class=\"alignnone size-full wp-image-2501\" src=\"http:\/\/www.sunproenergies.com\/wp-content\/uploads\/2019\/03\/spico.png\" alt=\"SP Group\" width=\"65\" height=\"65\" \/>\u00a0 \u00a0 \u00a0If SP charges you <strong>23 cents\/kWh<\/strong>, you sell back at roughly <strong>19 cents\/kWh<\/strong>.*<\/span><\/em><\/p>\n<p><em><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2502\" src=\"http:\/\/www.sunproenergies.com\/wp-content\/uploads\/2019\/03\/OEMico.jpg\" alt=\"OEM\" width=\"65\" height=\"65\" \/>\u00a0 \u00a0 \u00a0If the electricity retailer charges you <strong>18 cents\/kWh<\/strong>, you sell back at roughly <strong>12 cents\/kWh<\/strong>.*<\/span><\/em><\/p>\n<p><em>*Based on EMA&#8217;s rate of the prevailing regulated tariff less grid charge for excess EG output injected into the grid and the consumer&#8217;s contestable determination.\u00a0<\/em><em>EMA&#8217;s<\/em>\u00a0<em><a href=\"https:\/\/www.ema.gov.sg\/Guide_to_Solar_PV.aspx\">sell-back schemes<\/a>\u00a0(<a href=\"https:\/\/www.ema.gov.sg\/cmsmedia\/Enhanced%20Central%20Intermediary%20Scheme%20-%20Final%20Determination.pdf\">SCT, ECIS, CIS, DMP<\/a>)<\/em><\/p>\n<p>&nbsp;<\/p>\n<p><strong><i>If your answer is NO:<\/i><\/strong><\/p>\n<p><strong>You should switch energy retailers.<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">As you do not export electricity back to the grid, all you need to think about is the amount of electricity you are using when the sun doesn\u2019t shine. Switching electricity retailers will further reduce your bills as the remaining power that you buy is at a better rate with an electricity retailer.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Here is a quick example: <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Your beautiful <strong><em>solar energy system reduces<\/em><\/strong> your monthly electricity consumption to <strong>1000kWh<\/strong>.**<\/span><\/p>\n<p><em><span style=\"font-weight: 400;\"><img decoding=\"async\" class=\"alignnone size-full wp-image-2501\" src=\"http:\/\/www.sunproenergies.com\/wp-content\/uploads\/2019\/03\/spico.png\" alt=\"SP Group\" width=\"65\" height=\"65\" \/>\u00a0 \u00a0 \u00a0If SP charges you <strong>23 cents\/kWh<\/strong>, you pay <strong>$230 per month<\/strong> for electricity.**<\/span><\/em><\/p>\n<p><em><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-2502\" src=\"http:\/\/www.sunproenergies.com\/wp-content\/uploads\/2019\/03\/OEMico.jpg\" alt=\"OEM\" width=\"65\" height=\"65\" \/>\u00a0 \u00a0 \u00a0If the electricity retailer charges you <strong>18 cents\/kWh<\/strong>, you pay <strong>$180 per month<\/strong> for electricity.<\/span><\/em><\/p>\n<p>&nbsp;<\/p>\n<p><em>**Based on EMA&#8217;s <a href=\"https:\/\/www.ema.gov.sg\/Residential_Electricity_Tariffs.aspx\">quarterly electricity tariff<\/a>. <\/em><span style=\"font-weight: 400;\">Save on bills, save the environment. Make The Switch.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a producer of your own energy, you are not as affected by upheavals in the OEM. You may however still have this thorn of a question in your side: &#8220;As a solar owner, should I switch retailers in the OEM?&#8221; To know your path, you must first ask yourself:\u00a0DO YOU EXPORT ELECTRICITY BACK TO THE GRID?<\/p>\n","protected":false},"author":6,"featured_media":5374,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-2489","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Solar Dilemma - Should I switch to an electrical retailer? - Sunpro Energies<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Solar Dilemma - Should I switch to an electrical retailer? - Sunpro Energies\" \/>\n<meta property=\"og:description\" content=\"As a producer of your own energy, you are not as affected by upheavals in the OEM. You may however still have this thorn of a question in your side: &quot;As a solar owner, should I switch retailers in the OEM?&quot; To know your path, you must first ask yourself:\u00a0DO YOU EXPORT ELECTRICITY BACK TO THE GRID?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/staging.sunproenergies.com\/development\/should-i-switch-to-an-electrical-retailer\/\" \/>\n<meta property=\"og:site_name\" content=\"Sunpro Energies\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/adoptsolar\/\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-13T09:23:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-20T02:39:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/staging.sunproenergies.com\/development\/wp-content\/uploads\/sunpro-The-Solar-Dilemma-\u2013-Should-I-switch-to-an-electrical-retailer-.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"466\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jason\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jason\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/staging.sunproenergies.com\/development\/should-i-switch-to-an-electrical-retailer\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/staging.sunproenergies.com\/development\/should-i-switch-to-an-electrical-retailer\/\"},\"author\":{\"name\":\"Jason\",\"@id\":\"https:\/\/staging.sunproenergies.com\/development\/#\/schema\/person\/94a6359d404f9bda0219f9396fdaeb56\"},\"headline\":\"The Solar Dilemma &#8211; Should I switch to an electrical retailer?\",\"datePublished\":\"2019-03-13T09:23:45+00:00\",\"dateModified\":\"2024-03-20T02:39:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/staging.sunproenergies.com\/development\/should-i-switch-to-an-electrical-retailer\/\"},\"wordCount\":356,\"publisher\":{\"@id\":\"https:\/\/staging.sunproenergies.com\/development\/#organization\"},\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/staging.sunproenergies.com\/development\/should-i-switch-to-an-electrical-retailer\/\",\"url\":\"https:\/\/staging.sunproenergies.com\/development\/should-i-switch-to-an-electrical-retailer\/\",\"name\":\"The Solar Dilemma - Should I switch to an electrical retailer? 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