As a business ourselves, we understand the importance of keeping operational costs to a minimum. Discover how you can reduce your overheads with our competitively priced power plans.
Electricity at a fixed rate for the duration of your contract.
Low - Medium
Prefer costs certainty over a fixed length of time
Electricity at a discounted rate for the duration of your contract.
Prefer to avoid unnecessary risk involved in hedging decisions.
Electricity rate tagged to the wholesale market where rates fluctuate every half an hour depending on market demand and supply equilibrium and are volatile
Are able to accept high volatility in energy pricing and are willing to manage the risk of exposure in exchange for potentially low energy rates.
Electricity at a rate that’s pegged to a formula based on prevailing fuel and forex prices.
Medium - High
Low - Medium
Have an appetite for some risks and have extensive knowledge about the fuel and foreign exchange markets.
Reduce your business’ impact on the environment with carbon credits.
Recommend us to another business and get rewarded.
We have the answers to your business queries.
Keeping operating costs low has always been a top priority for a small local business like ours. With the opening up of the electricity market, it spells good news for us as we are now given a choice to sign up for an electricity plan that best suits our business needs. I signed up with Geneco's fixed price plan for 24 months as their rates are one of the most competitive in the market. With a fixed price plan, it means that I can focus on my core business and need not worry about surges in my electricity bill as long my electricity consumption pattern remains about the same. I had switched to since February 2019 and it has helped me saved about 17% each month. There were minimal adjustments and it only took about a month for our contract to commence with Geneco.
Simply Hamper Singapore Pte Ltd - Alexis Tan, Managing Director
With the launch of Open Electricity Marketing in Singapore, small businesses like ours are now able to select from a variety of electricity plans and retailers. This means more cost savings from the competitive rates offered by retailers like Geneco. We have switched to Geneco's 24 months’ fixed price plan since March 2019 and have been saving about 20% of our bills since then, allowing us to increase our productivity, spending less for more. It also really helps that Geneco has a prompt customer service and helpful staff to attend to my queries.
One Food Story Pte Ltd - Ho Xian Lin Adam, Director
Geneco has been a part of the Aalst Chocolate Family since the company started in 2003 and it has been a pleasant journey. We are glad that Geneco constantly delivers reliable and good power rate options with excellent customer service. Their patience and dedication in understanding our business has provided us both short and long term flexible options that is key in today’s bottom-line driven business climate. They have also eased our payment lead time through their customised and innovative payment methods. With their professionalism and deep market insights, Geneco has certainly evolved from being a supplier to our long-term business partner.
Aalst Chocolate Pte Ltd - Connie Kwan, Co-founder & COO
“With a fixed rate package, we enjoy a good rate, which leads to stability in our overhead costs.”
Singapore’s largest electrical, IT and furniture retailer, COURTS, was in search of a cost-effective solution for energy consumption to keep overheads low. Geneco’s fixed rate plan has not only enabled COURTS to lock in a good rate, but also enjoy price stability and rate protection amidst a volatile market. In addition, Geneco provides 24/7 access to personalised consumption reports on its dedicated customer portal that allows COURTS to analyse its operations every step of the way.
COURTS (Singapore) Pte Ltd - Agnes Lau, Head (Quality Control, Facilities and Corporate Services)
If you’re unsure about something, just drop us a line. We’re happy to help you in any way.
|Phone:||63636688 (For business calls only)|
We are available from
Mondays to Fridays, 9 am – 5:30 pm