With all 5.6 million inhabitants celebrating the island’s 700-year transformation at the Singapore Bicentennial and the SG50 party still fresh in our memories, we think we ought to be proud of our energy evolution over the years since independence, the forward thinking that powers it, and how we are punching above our weight in the climate change fight.

From a time where St. James Power Station was the sole coal-fired power plant to the Pasir Panjang Power Station fuelling Singapore’s post-war industrialisation, and eventually to today’s 14 plants that power our advanced economy, the little red dot has come a long way in energy security and sustainability.

Our Solid Improvements For Cleaner Energy Generation

The history of our energy sector, while remarkable, was dark and “sooty”.

Not only were there frequent outages that plunged the island into darkness in what was said to be “Singapore’s greatest civic problem” in the pre-60s, coal-fired plants were inefficient, polluting and environmentally unsustainable. Although the more efficient oil-fired plants were subsequently added into the grid, pollution was still an issue.

Before St James Power Station became a nightlife spot, it was Singapore’s only power plant from 1926 to 1952.

While the grid stabilised over the succeeding years, Singapore needed a cleaner and more efficient option.

In 1991, Singapore began adopting natural gas solutions to power a new phase of electricity generation, in what was then the beginning of a gradual weaning of the more-polluting coal and oil.

Natural gas outshone traditional coal and oil in many ways:

• It produces much less soot than other fossil fuels since its by-products are gaseous and it burns cleaner than coal (45% less CO₂), gasoline and diesel (30% less CO₂).
• It is abundant in supply and more sources are yet to be discovered. However, it is nonetheless not infinite.
• It is cheaper since natural gas boasts of superior energy efficiency, from its price to the technology involved in using it.
• Transportation is easier as it can be transported via ships, tankers and pipes. Its lighter weight meant transportation is easier and generate less carbon footprint. Liquefying natural gas meant vessels can transport up to 600 times more in volume than its gaseous state, boosting efficiency.

Today, Singapore’s power generation consists of a mix of sources, dominated by natural gas and followed by others such as cogeneration, desalination, oil, diesel and waste-to-energy.

Carbon-neutral Energy: The New Phase Of Singapore’s Energy Consumption

The liberalisation of our energy sector as part of Singapore’s evolution as a country not only brought cheaper options for the population, but it also made net-zero emission possible for the environmentally-conscious individual. Being a citizen of Singapore, the global city, meant that it is also our responsibility to care for the environment, the climate and the planet.

Contrary to popular belief, carbon-neutral energy (CNE) is not synonymous with green or renewable energy. As various generators in Singapore produce electricity to the grid, retailers like us cannot channel 100% renewable energy to homes and businesses.

However, as CNE involves purchasing carbon offset credits that fund anti-climate change efforts around the world, you can use electricity without contributing more carbon into the atmosphere. Instead, we can purchase carbon offset units that are equal to the amount of carbon emitted by the energy produced for consumption. Read more about what CNE is here.

Funds from selling carbon offset units support carbon-tackling efforts around the world, such as reforestation.)

Why Carbon-neutral Energy?

By using CNE, you will not be contributing more carbon into the atmosphere and may even achieve negative carbon emission in which your offset units support highly effective projects that help remove more carbon than is generated.

The future of our climate is not just for governments and businesses to defend nor should it be delegated to some green champion; every individual needs to take up the stewardship by accounting for our carbon emissions and take steps to reduce them.

Purchasing CNE helps to power your lifestyle without adding to climate change.

While you may be recycling every single paper receipt and composting every grain of uneaten rice, it is practically impossible to achieve absolute zero carbon emission if the electricity that keeps your lights on is not neutral. Subscribing to CNE is a practical and affordable way to ensure you have all your environmental bases covered.

Start your sustainable journey with Geneco’s Get it Green plan today.

Did you know there are 4 fuss-free ways to pay your Geneco bill?

1. Credit or Debit Cards

One of the best things about the Open Electricity Market is you can now choose to pay your electricity bills by credit card or debit card. It’s not only convenient, you also earn cash rebates or air miles, boosting your savings even further

And if you set up a recurring payment,you don’t just have to worry about paying your bills on time, you can also take advantage of the various credit card promotions being offered by participating banks. Head over to our ongoing promotions find out more.

2. Recurring payment via GIRO

You can continue using GIRO too. Set up your GIRO payment on our Self-Service Portal.

If your bank of choice for GIRO payment isn’t listed on our Self-Service Portal, download a form here and send it to us with the details required. We’ll sort it out for you!

3. Payment via AXS

Geneco bills can also be paid at all AXS machines. Just use your phone to scan the bar-code on the bill – Just make sure that you zoom to the bar-code on the bill.

Or use the eAXS web portal on your desktop or mobile devices.

The benefit of AXS? You can pay all your utility bills in one go!

4. GrabPay

GrabPay is our latest and exclusive payment option in our Self-Service portal. Head over to the One Time Payment page on the Self-Service portal and you will be directed to Grab’s dedicated page to make your payment!

Wonder why your electricity consumption seems higher? Find out 3 reasons why your consumption might be higher.

Researchers are warning of an impending crisis that could see global food waste rising by approximately 30% by 2030, bringing the total amount to more than 2 billion tons of discarded scraps. The crisis, described as ‘staggering’, is seen to be exacerbated by a worldwide population boom, rising incomes, changes in lifestyle habits and a growing disassociation from the food supply chain.

Although the United Nations has taken the first step by targeting to halve the number by 2030, a study by the Boston Consulting Group (BCG) revealed that the food waste mountain is only going to reach new heights if nothing more is done to address the current situation.

The report predicts that global food waste will reach 2.1 billion tons – worth US$1.5 trillion – every year, presenting serious economic, social and environmental issues, with the implications to grow in magnitude as the trajectory goes unchallenged.

Food supply chains feel the heat as the need for better food management is demanded.

Burgeoning Waistlines, Populations And A Climate Crisis

As we fight food waste, we are also addressing hunger, poverty and climate change.

Every year, we discard about 1.6 billion tons of food worth approximately US$1.2 trillion and the numbers are not going down. To feed today’s world inhabited by more than 7 billion people, about 6 billion tons of food is being produced every year. According to the UN’s Population Division, the world’s population is projected to reach up to 9.7 billion people by 2050, and food demand will put even more pressure on the supply chain. And we have not yet factored in changes in people’s diets.

As population grows, global appetite grows as well, fuelled by the rise in incomes.

With a burgeoning human population set to top 11.9 billion people by 2050, with the greatest rise among the developing nations, food producers are under pressure to produce more and put even greater strain on the environment. As consumers from developing nations experience growth in wealth and disposable income, the report expects an uptick in the amount of household waste that will be generated over the years.

Food wastage also squanders precious resources such as freshwater, land, energy, labour and capital, and produces resultant greenhouse gas emissions that accelerate climate change. As demand for food grows, converting forests and woodlands into farms threaten to reduce carbon stores that keep global warming at bay.

Food For Thought On Food Waste

• About one-third of the food produced in the world for human consumption every year
• Food losses and waste costs the world about US$1.2 trillion
• Both industrialised and developing nations dissipate about the same amount of food at 670 and 630 million tons, respectively (basically, it refers to developed countries like USA, Germany, France etc. collectively consume and waste just as much as food as the total amount by developing countries like Cambodia, Vietnam, Afghanistan etc.)
• Plant-derived food items experience the highest wastage rates
• Annually, consumers in wealthy nations waste as much food as the amount sub-Saharan Africa produces
• Large quantities of food are discarded simply because of the over-emphasis on appearance

Moving The Food Waste Mountain Starts With The First Rock

Fighting the food waste crisis will require all segments of society to pitch their commitment, talent and technology together, from national policies to corporate social initiatives to the everyday actions and mindsets individuals like us can adopt.

One such mindset is to see the beauty that is beyond skin-deep.

UglyFood, a local business founded in 2017, “rescues “ugly” or unsold fresh produce” to give these about-to-be discarded food items a new lease of shelf-life by procuring such items to make juices, sorbets and teas. Through months of research, the founders discovered that fresh produce that is not as visually appealing tend to be perceived as undesirable by shoppers. Rather than let these otherwise just as good quality produce go to waste, the social enterprise buys them over and repackage them into higher-value products.

At home, you can adopt their ideas by juicing your browned bananas and bruised apples, make soup and sauces with vegetable trimmings, and broths with unwanted meat trimmings like tendon, sinews and bones.

Another enterprise that makes food rescue its mission is The Food Bank Singapore.

Food companies often toss food for trivial reasons, such as fast-approaching best-before dates, labelling errors on packaged foods, surplus harvests or purchases and over-production.

The Food Bank Singapore invites companies looking to remove such products to donate them to its storehouses instead so that the food can be “distributed to food aid agencies which could be private or public, religious or secular.”

Find out more about how everyone, from government agencies to enterprises to home cooks can adopt food-saving practices here!

Start your sustainable journey with Geneco’s Get it Green plan today.

Coffee – the office worker’s best friend, the freshmen’s newfound religion, the medium for the occasional meetup and an essential conversation topic any self-professed hipster must be able to carry.

Regardless of how we relate to the black, aromatic liquid, coffee is all around us and its impact on modern society is profound. However, beyond being the invisible lubricant in our economic machinery, ensuring our diligent workforce can stay hyper on the proverbial hamster wheel, coffee has also found its place in the sustainability movement.

Paying heed to our food waste problem, we have the world’s favourite beverage in our sights.

According to research, only 6% of the entire cherry is used to make a single cuppa. The rest? Discarded.

The Darker Shade Of Your Long Black

Around the world, we gulp down about 10 million tons of coffee a year. To put it into perspective, that would make 1 trillion cups of coffee (assuming all coffees are drunk as espressos with each shot using 10 grams of coffee beans).

While your morning cappuccino can help you see the bright side of life for the day, such statistics also carry with it the dark side of the story – any kind of production causes ecological impact; consuming 1 trillion cups of coffee can and will generate a lot of food waste.

According to research by Colombian coffee logistics firm Almacafé, only 6% of the original coffee cherry is used to make a cup of coffee; only the seed is used, while the flesh and skin are simply discarded and will serve no other purpose in the coffee trading cycle.

Turning Black Into The New Green

Not all of it is doom and gloom, though. Such gargantuan scale of consumption also represents environmental opportunities of equal, if not greater, value. In recent decades, used coffee grounds have been included in the growing list of items to fuel the 21^st century circular economy.

In an article published by CNA Lifestyle, homegrown vertical farm Sky Greens partnered Nespresso to recycle used coffee pods into fertilisers and organic compost. In an article published earlier this year by TODAY, scientists at Nanyang Polytechnic turned the world’s favourite drink into the world’s favourite material – plastic. A biodegradable kind, at that.

However, recycling used coffee grounds need not be reserved for geeky scientists, Nobel Prize laureates nor farmers from the future. There are many ways we coffee lovers can do our part to help keep the coffee industry’s waste footprint at a minimum.

Initiatives From The Ground Up

The advent of sustainable living and mindful eating lifestyles have made us pay more attention to where our food comes from and how they are produced.

Buying coffee that is Fairtrade-certified not only ensures farmers are fairly compensated for their noble work in upkeeping our unashamed dependence on caffeine, but we are also ensuring the coffee we buy are grown with sustainable and eco-friendly practices. Other such labels include “UTZ Certified”, “Common Code for the Coffee Community (4C)”, “Rainforest Alliance” and others. Certain coffee brands like Starbucks and Nespresso have their own internal certifications as well.

Getting your coffee beans from Fairtrade-certified sources is only half the battle won; the waste created from consumption still needs to be addressed by the end consumer.

The next time you brew yourself a cuppa, do not hurry to chuck the used grounds into the bin just yet; they can be repurposed in various ways:

As compost
Plants are coffee-guzzlers like us. Used coffee grounds can add nitrogen, potassium and magnesium to the soil, making it a good. The rough consistency of the grounds is also useful for keeping the soil loose, helping to promote soil aeration.

Used coffee grounds add various nutrients to the soil, and its consistency promotes soil aeration.

As pest repellent
Garden pests like ants, snails, and slugs dislike coffee since compounds such as caffeine and diterpenes in coffee are toxic to them. Coffee grounds are also useful for warding off mosquitoes, fruit flies and beetles. Stir together coffee grounds, dried orange peels and/or rosemary for a pleasant-smelling pest-buster kit.

As portable deodorants
Thanks to its nitrogen compounds, coffee is adept at absorbing odours. Spread out and dry the grounds in the oven, pack it in new tea paper filters as handy deodorants for old socks, refrigerator, shoes and bags.

Start your sustainable journey with Geneco’s Get it Green plan today.

When you were still a little kid, you might have been warned by Mom that unfinished food will cause you and/or your future spouse to develop some unwanted “physical characteristics”.

All grown-up and now a little smarter, we know it to be bollocks, nothing but old wives’ tales to scare us into licking our plates clean.

However, the real consequences of unchecked food wastage are more serious than blemishes on the face.

Local Food Waste Trend Unsavoury

We are all at some point guilty of consciously tossing food into the trash. Whether it is buying a 2kg birthday cake for 5 people, ordering a 5-course dinner to impress a date despite being half-full with kaya toast from tea-time, picking out the carbs to maintain weight goals, or even buying a large variety of dishes from the hawker centre just to taste a little of everything, we are very much capable of trivialising the impact of our wastage.

According to the UN, about 1.3 billion tons of food produced around the world is wasted every year.

In Singapore, food waste generates one of the largest amounts of waste with no downward trend in sight, according to a National Environment Agency report.

Over the past decade, our food waste has risen 30% from 568,000 tons to more than 739,000 tons in 2018, accounting for 20% of total waste generated. Only 16% of all food waste gets recycled.

F&B establishment face increasing pressures to compete, often on portion value

Countering Food Waste

Over the years, community and national partners have sprung into action to turn what was once a man’s trash into another’s treasure.

Since 2014, local supermarket chain NTUC FairPrice created a framework that involves the community and partners to enhance internal processes, educate the public and form waste reduction partnerships.

Some food establishments, such as two food centres in Ang Mo Kio and Tiong Bahru, have designed a food waste recycling system that turns discarded food into compost for gardening.

Some shopping malls, such as Jem and Parkway Parade, have adopted systems that convert food waste into compost using anaerobic biodigesters for landscaping or non-potable water usage.

Other commercial and industrial premises like hotels, schools and municipal buildings have acknowledged the need to respond to food wastage; many of them have now adopted on-site food waste practices and management solutions in a bid to reduce their footprint.

Good Solutions, But No Panacea

When it comes to wastage, while noble solutions can turn the tide, addressing the problem after the waste has been created is no permanent remedy. The issue of overconsumption, not just on food but also other resources such as electricity and clean water, needs to be addressed from the ground up.

We need to step up on educating the public to adopt a zero-waste mindset, be mindful of our resource consumption and maintain a sensible rationing mentality. For this, we have as a collective started to create awareness about sustainable living and draw people into our green camp, beginning with homes, workplaces, schools, and food establishments.

Ultimately, to become an advanced and resource-efficient nation, all hands will need to be on deck – government, businesses and down to the individual consumer – to embark on a concerted effort towards maximising our resources, extending the utility of our excesses and repurposing our wastes.

Converting food waste into compost is one way of repurposing what would have ended up in a landfill

How We Can Do Our Part

At Geneco, we believe combating big issues like wastes, environmental conservation, social responsibility and climate change involves every single man on the ground.

Here are four simple ways you can adopt to make the change and help reduce food wastage:

1. Shop smart and realistically
Simple, but all things start with the basics. When you go grocery shopping, make sure you don’t buy too much food. Think carefully and write a list of what you really need for tonight’s dinner, down to the portions and recipe. Head to the store and buy only what you have written.

2. Don’t over-serve food
Yes, we know you are generous, but serving too much food does no one justice either. If you are unsure how much food to serve, you can try applying recommended diet guidelines into your recipes. Using smaller plates can also help. Over time, you will get better at it.

3. Save and eat leftovers
You do not have to feel shame eating leftover food (not spoilt ones, of course). After all, some ‘leftover’ food like cheeses, yoghurts and even tofu become known as delicacies. Save uneaten dinner for breakfast tomorrow or ‘tapao’ if you eat out. Refrigerate or freeze when appropriate.

4. Try composting, but only as the final measure
Turn your discards into compost! But do this as the final measure, since combating food wastage should start as early up the line as possible, and it is just a neat safety net to keep food away from the bin and do something good with them.

Start your sustainable journey with Geneco’s Get it Green plan today.

The average monthly household electricity consumption of a 4-room public housing unit was 363 kWh in the month of  May 2019 (statistics: SP Group). But sometimes, these monthly bills can go up – seemingly for no reason.

Here are 3 reasons why you could be seeing an increase in your electricity consumption.

Reason #1: You are on an estimated bill

Did You Know?

SP Services undertakes all metering services and meter data management in Singapore.

All household and business electrical meters are read by SP Services once every two months. Which means that your meter readings on the alternate months are on an estimated basis.

If your consumption has been under-estimated and therefore under-billed in one month, you may see a higher consumption on your following bill. Or vice-versa if an estimated bill has been over-billed in the previous month.

The Energy Market Authority (EMA) has a video illustration explaining how this happens.

If you would like to avoid this situation, you can submit your meter readings to SP through this methods.

• Online: Open Electricity Market’s E-services page (For first time user, please register for an e-services account)
• App: You can download the “SP Utilities” App and submit your meter readings once you have register for an e-services account.

Or you can use an Advanced Metering Infrastructure (AMI) Meter. These meters, available at $42.80 (GST Inclusive), allow you to monitor your consumption on a half-hourly basis. Write to us at our contact us page if you would like to have the AMI Meter installed for your household.

Reason #2: Increase usage during school holidays or warmer climate during the billing period

Singapore households tend to use more electricity during certain months of the year

The months of May to July and November to December usually see a surge in household electricity consumption. Do you know why? Two reasons — dry spells and school holidays.

The heat makes people switch on more fans or run air conditioners for much longer. While the holidays may mean TVs, computers and even washing machines running much more frequently, as families relax at home or get more active.

One way to avoid an increase in your electricity bill is to use your electrical appliances more efficiently. Set a timer on your air-conditioner so that it runs long enough to cool down the room. Then use a fan to stay comfortable. Run washing machines only on a full load. Use ovens and microwaves less, and choose more raw foods and salads instead. Both you and your electricity bill will be a lot healthier!

Reason #3: You have a new appliance

Buy appliances with an Energy Label and a high rating of Energy Efficiency to enjoy more cost-savings

Adding a new electrical appliance to your household can also make your electricity bill go up.

Perhaps you bought a bigger capacity washing machine to meet your family’s growing needs? Or a more powerful air conditioner or microwave? Or simply a new, higher-spec TV? It may be just one item, but it can impact your consumption.

Be smart when you buy. Look out for appliances that carry the Energy Label, or a higher Energy Efficiency rating. These give you the performance you need, without adding too many dollars to your bill.

Since you have found out on the reasons on why your electricity bill sometimes is higher than usual, why not read on more for more home energy saving tips?

On average, household expenses in Singapore can make up at least 14.5% on your monthly spending. This would mean that an average 5 room flat in Singapore would be raking up $1,000 in electricity bills per year. Such high spending on electricity bills can be avoided as long as we make a conscious effort on our electrical consumption habits.

Saving on electricity bills can be easy especially when these savings can be used for the finer things in life. What do you do to save money on your electricity bills?

Here are Geneco’s 10 tips on how to avoid sky high electricity bills.

Tip #1: Doing your laundry smart

Many believe that doing our laundry in hot water can result in cleaner clothes. However, it could make stubborn stains like coffee stains permanent. Additionally, nearly 90% of the energy consumption of a washing machine goes to heating the water. The next time you do your laundry; do consider switching your washing machine settings to cold water instead.

Tip #2: Iron it Out

Start your ironing with clothes that require lesser heat such as silk and wool before moving on to fabrics that require more heat such as cotton. This would prevent unnecessary heating, cooling and re-heating again which would consume more electricity.

Tip #3: Light more for less

If you haven’t switched the lights in your house to light-emitting diode bulbs (LEDs), now is the time. They use 85% less electricity than incandescent bulbs and last 25 times longer. Under NEA’s Switch and Save – Use LED (SSUL) programme, $25 vouchers for LED lights have already been sent to some 80,000 households living in one-room and two-room HDB flats. NEA will extend the programme to three-room HDB households as well. Light up your house with LED lights and save so much more on your electricity today. Read more about our tips on buying household appliances.

Tip #4: Run your refrigerator for less

Hiding in the corner of all our kitchen is our trusty refrigerator. They are always overlooked when it comes to being more environmentally friendly, however, refrigerators are in fact, are one of the household electrical appliances that consumes the most electricity. Constant opening and closing of the fridge wastes an enormous amount of energy, and can cause dust to build up. The more dust we have on the refrigerator coils, the more energy is required to cool the refrigerator, driving the power bill up.

Tip #5: Bye Bye to standby

75% of the electrical use by home electronics occurs when they’re on standby. These “energy vampires” suck electricity all day long—costing you an extra $100 each year. So if you’d like to avoid burning a hole in your pocket, unplug your electronics or plug them into a power strip, then turn off the strip.

Tip #6: Use the right ring for the right thing

If your cooker has a small ring, use a small pan. You might only be heating up a small meal, and doing so in a big pan wastes a lot of energy. Conversely if you try and heat a large pan on the small ring you’re more likely to end up heating for longer than saving any money or energy.

Tip #7: Don’t overpay for the electricity you are using

Choosing a good electricity retailer in the Open Electricity Market can be just as important in getting more savings on your electricity bills. Visit geneco.sg for the most competitive electricity prices that are tailored for you today.

Tip #8: Buying energy efficient appliances

Throwing out a perfectly good appliance won’t save you much money, but when it is time to swap, going for one with a high energy-efficiency rating can be worth the investment. Lookout for the NEA energy label on appliances such as TVs and refrigerators. The more ticks the device has, the less electricity you consume and the more money you save.

Tip #9: Let there be light

Remember to clean your lamps and light fixtures regularly as dust on lamps reduce light transmission. Alternatively, do consider using natural light for your lighting needs instead to save even more on electricity!

Tip #10: Go smart with smart meters

Did you know that you have an option to switch to an AMI meter, or smart meter?

With smart meters, your electricity consumption is measured real-time and remotely read at half-hourly intervals. By monitoring your electricity consumption usage, you will be able to eliminate electricity wastage, thus lowering your bill.

Switch Over to Geneco Today.

You have the power to make a change with Geneco, a top electricity retailer with 48 years of experience.

Geneco is one of Singapore’s top electricity retailer, belonging to a global network of energy and utility companies known as YTL Power International, which is a subsidiary of the YTL Group. Geneco’s parent company YTL PowerSeraya is also one of Singapore’s first and largest electricity generators, with a licensed generating capacity of 3,100 MW. By switching over to Geneco, you will be able to enjoy 30% savings on your electricity bills, measured against the regulated tariff. Look for our most savings plan, Get It Fixed 24 at a fixed rate of 17.98¢ per kWh, (as of 1 March 2020). With over 48 years of experience in the energy business, you could say that we know a thing or two about power.

The average monthly household electricity consumption of a 4-room public housing unit was 372.9 kWh in 2017 (statistics: Energy Market Authority) While the consumption is lower than that of the same 4-room HDB unit in 2015 at 387 kWh, there are many ways you can save big on your energy costs while helping the environment at the same time. Here at Geneco, we share 3 tips to cut back your energy use and reduce your bills.

Tip #1: Changing out your light bulb

Did You Know?

LED bulbs use up to 85% less electricity than incandescent light bulbs to produce the same amount of light, and can last about 20 times longer.

With the adoption of energy-saving applicances such as LED light bulbs by almost every major applicances brand, it may sometimes be easy to overlook the From 2023, all light bulbs sold in Singapore are likely to be as energy efficient as a light emitting diode (LED) bulb. However, buying a simple light bulb is not so simple anymore. As technology has advanced and environmental awareness has increased, energy efficiency has become a big factor for consumers. Choose energy efficient lamps such as LED bulbs over incandescent or halogen lights. Using a 42W incandescent light bulb instead of a 7W LED bulb can save your over $100 per bulb per year*. (image and information source: Straits Time)

Tip #2: Consider the needs of your family and get the appropriate sized fridge

Do you really need such a big refrigerator? Consider this before you make the decision on which refrigerator to buy. When buying a refrigerator, energy efficiency is achieved best when considering freezer placement.

Do you know?

The most energy efficient refrigerator style is a top-mount freezer refrigerator as it uses 10-30% less energy than the same models of side-by-side refrigerators.

Choosing the smallest model refrigerator that meets your needs would save you much more in the long run. Also, leave at least a 1-inch clearance around the unit for adequate airflow.

Before you purchase the fridge, question whether additional features, such as automatic icemakers and through-the-door dispensers are needed as they increase energy use.

Tip #3: Changing your air conditioner

Choose the right cooling capacity is paramount in buying air-conditioners. Oversized air-conditioners would result in wastage of electricity when running it. Likewise, an undersized air-conditioner would be overworked, leading in inefficiency. From 1 January 2008, household air-conditioners and refrigerators that are sold in Singapore must be affixed with an Energy Label under the Environmental Protection and Management Act.

Do you know?

Look out for the energy-saving setting in your air-conditioners. This means once once your room has cooled off, the unit will turn off not only the compressor but also the fan thus conserving energy.

Air-conditioners with more ticks on the energy label are more energy efficient. A 2-tick model will cost you about $270 more in electricity bills a year* as compared to using a 5-tick air-conditioner. You can view the list of air-conditioner models and their energy efficiency ratings at www.nea.gov.sg/els

Here’s a bonus tip!

Keep your household electricity bill low consistently by switching over to Geneco for immediate savings.

In 2017, Energy Market Authority (EMA) rolled out The Open Electricity Market that allows you to enjoy more choices and flexibility when buying electricity. This translates to immediate savings against the regulated tariff. i.e. 25.52 cents per kWh effective from 1 Jan – 31 Mar 2019 (incl. GST), and managing your household finances lower. Visit https://www.geneco.sg/open-electricity-market/ to find out your eligibility.

You have the power to make a change with Geneco, a top electricity retailer with 48 years of experience.

Geneco is one of Singapore’s top electricity retailer in the Open Electricity Market, belonging to a global network of energy and utility companies known as YTL Power International, which is a subsidiary of the YTL Group. Geneco’s parent company YTL PowerSeraya is also one of Singapore’s first and largest electricity generators, with a licensed generating capacity of 3,100 MW.By switching over to Geneco, you will be able to enjoy savings of over 30% off your electricity bills, measured against the regulated tariff. Look for our most savings plan, Get It Fixed 36 at a fixed rate of 17.98¢ per kWh, (as of 1 July 2019) or with our Get Free Sundays plan, never worry about paying for electricity on Sunday again. With over 48 years of experience in the energy business, you could say that we know a thing or two about power.

This post appeared first on the MoneySmart blog at https://blog.moneysmart.sg/budgeting/save-energy-lower-electricity-bills-geneco/

The advent of the full roll out of the Open Energy Market (OEM) is another big step in the right direction of giving consumers more

choice when it comes to managing their finances. In this case, it’s in the area of the cost of energy consumption, and boy do we need it.

If recent data is anything to go by, saving money on your electricity bill is something that Singaporeans need to probably pay a little more attention to. According the National Environment Agency (NEA), Singapore’s household electricity consumption has increased by about 17% over the past decade. Choosing an electricity plan that suits your needs is definitely a good way to start making sure you’re not overpaying, and this goes beyond just looking at the rates advertised by suppliers.

But another big contributing factor to the overall cost of your electricity bill is of course your lifestyle habits as well. Here’s what you should do or look out for in order to save more on your monthly electricity bill.

1. Lock in your savings with the most competitive fixed plan in Singapore

One of the best things to come out of the OEM is the fact that you can now choose a plan that suits your needs, rather than being subjected to whatever electricity tariffs were previously set.

Currently, Geneco offers the best 24-month fixed plan in Singapore, at a price of 17.78 cents per kWh. And given that you’re always going to need power in your home, why not take advantage of this right now? You can read our assessment of what else you need to take note of when choosing a price plan, and Geneco’s site makes it extremely easy for you to sign up for a plan of your choosing.

2. Air-conditioning

You weren’t expecting to see anything else at the number one spot for energy guzzlers right? We get it. Singapore is a sauna of Death Star proportions, and I will be the first to admit that I leave my air-conditioner on for an unreasonably long period of time at home.

The 2017 NEA survey of 550 households revealed that air-conditioners accounted for 24% of the energy consumption in a home. Back in 2014, in a bid to help consumers better identify more energy efficient home appliance models, and also to encourage suppliers to offer more efficient products, the NEA revised their energy rating system for air-conditioners, refrigerators and clothes dryers.

Getting an air-conditioner with more ticks in their rating might cost you slightly more, but the savings in the long run are definitely worth it, and buying a 5-tick aircon can save you around $270 a year. But of course you and I both know what the ultimate way to save energy on aircon usage is.

According to the Energy Efficiency Programme Office (E2PO), using a fan instead of an aircon can save you about $400 a year. Of course, I’m not going to preach about switching devices when I am obviously not going to do it myself.

One good compromise that I have started to practice is actually switching my aircon off after the room has cooled, or setting a timer and then using my fan to circulate the air in the room. This way you don’t have a fan just blowing hot air around your room, while also minimizing the use of your air con. This could save you up to $340 a year.

3. Refrigerators

Refrigerators came in a not-so-close second in NEA’s survey, clocking about 17% of total energy consumption. That’s still a pretty significant number. Now you might be thinking “Well I obviously can’t turn off my fridge intermittently right? That’s just ridiculous.”

When it comes to saving energy on refrigerator usage, I’m quite certain nobody in their right mind is going to be cycling their fridge’s power on and off. What can help you to minimize the energy consumption of your refrigerator, however, is efficient usage of your fridge. Here are some quick tips on making sure you don’t overwork your refrigerator:

• Minimize door openings – every time cool air escapes, the fridge works harder to replace the air, so keep the door open no longer than necessary.
• Keep the refrigerator full, but don’t overpack it – a full fridge retains cold better than an empty one, but if your fridge is too full, it will obstruct the circulation of cold air inside.
• Separate your fridge from heat sources – a 10 degree increase in surrounding temperature could result in up to 20% higher energy consumption
• Allow hot foods to cool before placing them in the fridge – placing hot foods inside immediately causes the temperature to go up temporarily, and makes your unit work harder.

4. Water heaters

This came as a little bit of a surprise to me, but water heaters accounted for about 11% of electricity consumption. That being said, I know quite a number of people who just leave their water heaters on the entire day, even when they out of the house for work!

You could save about $110 a year just by only turning the storage water heater on when you need it, and turning it off after usage. There’s really no good reason at all to leave it on the entire day (unless there’s someone in your house who enjoys bathing continuously the whole day, which would present a whole different problem altogether).

5. Standby Power

You might not realise this, but just because you turn devices off, it doesn’t mean that it isn’t still consuming power. Standby power refers to the way electric power is consumed when appliances are turned off or are in standby mode.

It might seem like a small thing on a per-device level, but if you multiply that by the number of devices that are hooked up to a power source – TVs, computers, fans, kitchen appliances, just to name a few, this can add up to a significant amount. Using something like a power strip that connects multiple devices and allows you to cut the power at one go can help you to reduce this unwanted usage.

Conclusion

Apart from adapting your lifestyle behaviour, there are also many different power-saving innovations that are helping consumers to save on their electricity. Simple things like using LED lights can save you a huge amount of energy. At the end of the day, it’s about being aware of your consumption habits to ensure that you are not using more than you need.

Want to save more on your electricity bill? With the new Open Electricity Market, choosing the right energy provider to suit your needs can help you with significant cost savings. Find out more about what Geneco has to offer.

*Price is correct as of 31 Oct 2018 and is subject to change.