Exclusive Campaign
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Are you worried about fluctuating electricity rates? The electricity tariff or Wholesale Electricity Price (WEP) is anticipated to remain high due to the global fuel prices and the demand for higher electricity prices in Singapore. Tuas Power would like to support Low Tension (LT) business entities affected by the high volatility in the energy market. Our fixed-rate plan allows you to enjoy fixed electricity rates for your entire contractual period. To lock in the exclusive rate, please upload your latest 3 months of electricity bills and sign up by clicking the “Sign Up Now” button.

*Terms and conditions apply.

Rate Validity
15 Apr 2024 to 19 Apr 2024 before 2 pm

This offer will be valid so long as the Singapore Cargo Price for HSFO quoted by Platts does not exceed the respective fuel qualifier for each contract duration on the date of acceptance confirmation by Tuas Power Supply Pte Ltd.
*The above charges are subject to change/withdrawal without notice.

View rates for consumption of:

Third-party charges

(applicable and payable by the consumer in addition to the Fixed Electricity Price)

Monthly Energy Uplift charges

No

Hourly Energy Uplift charges

No

Allocated Regulation Price

No

Energy Market Company fees

No

Power System Operator fees

No

Transmission Charges (Peak)

No

Transmission Charges (Off-peak)

No

Contracted Capacity Charges3

Not Applicable

Uncontracted Capacity Charges3

Not Applicable

Reactive Power Charges3

No

Meter Reading & Data Management Charges

No

Market Development & System Charges (MDSC)4

Yes

Vesting Contract Debit/Credits

Yes

Carbon Tax

Yes

Note:
1The validity of the sign up rate is subjected to the following Fuel Qualifier and Forward FX Rate:

DB Fuel Qualifier (USD$/bbl)

FX

PowerPAK 12

US$89.75

1.3786

PowerPAK 24

US$86.46

1.3703

PowerPAK 36

US$83.92

1.3616

2Bill rebate is inclusive of GST.
3Applicable to High Tension (HT) accounts only. Not applicable for consumers taking supply at Low Tension (i.e. below 6.6 kV) level.
4The prevailing Market Development and Systems Charge (MDSC) is at $0.0099/kWh and only $0.0019/kWh will be borne by the Consumer.

Additional Fees and Charges

Security Deposit (SD)

Yes. Amount is based on the following formula:
Available consumption data x agreed rate per kWh
(i) If consumption data for entire month can be determined:

SD amount = consumption data (actual) x agreed rate per kWh

(ii)If consumption data for entire month cannot be determined, the actual usage will be pro-rated to 31 days and shall be taken as the consumption data (deemed consumption data) for the purpose of calculating the SD amount.

SD amount = deemed consumption data x agreed rate per kWh.

Early Termination Charges (ETC)

Yes. Amount is based on the following formula:

ETC = 50% x Unexpired Term x Average Contract Value

Unexpired Term: Number of months including part thereof (calculated to the next higher whole number) between the date of termination and the date the Supply Duration would otherwise have expired.

Average Contract Value: The higher of (inclusive of carbon tax but exclusive of goods and services tax) the (i) average of the total amount payable by the Consumer to the Retailer based on the average electricity consumption of three (3) months (before the date of termination) or (ii) the total amount payable by the Consumer to the Retailer based on the Declared Monthly Consumption.

Declared Monthly Consumption: Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

Documents to prepare

To lock in the exclusive rate, please prepare your latest 3-months SP or Electricity Bills and sign up now.

Under Company Name

Under Personal Name

For all applications

Latest 3 months' SP bills or Electricity Retailer's Bills

For applications from Non-Contestable accounts i.e. currently with SP Group under regulated tariff

Latest ACRA detailed Business Profile/BizFile

Copy of NRIC/Work Pass

Letter of Authorisation (LOA)


*Required if signatory is not an authorised officer according to ACRA listing.

Third-party charges

(applicable and payable by the consumer in addition to the Fixed Electricity Price)

Monthly Energy Uplift charges

No

Hourly Energy Uplift charges

No

Allocated Regulation Price

No

Energy Market Company fees

No

Power System Operator fees

No

Transmission Charges (Peak)

No

Transmission Charges (Off-peak)

No

Contracted Capacity Charges3

Not Applicable

Uncontracted Capacity Charges3

Not Applicable

Reactive Power Charges3

No

Meter Reading & Data Management Charges

No

Market Development & System Charges (MDSC)4

Yes

Vesting Contract Debit/Credits

Yes

Carbon Tax

Yes

Note:
1The validity of the sign up rate is subjected to the following Fuel Qualifier and Forward FX Rate:

DB Fuel Qualifier (USD$/bbl)

FX

PowerPAK 12

US$89.75

1.3786

PowerPAK 24

US$86.46

1.3703

PowerPAK 36

US$83.92

1.3616

2Bill rebate is inclusive of GST.
3Applicable to High Tension (HT) accounts only. Not applicable for consumers taking supply at Low Tension (i.e. below 6.6 kV) level.
4The prevailing Market Development and Systems Charge (MDSC) is at $0.0099/kWh and only $0.0019/kWh will be borne by the Consumer.

Additional Fees and Charges

Security Deposit (SD)

Yes. Amount is based on the following formula:
Available consumption data x agreed rate per kWh
(i) If consumption data for entire month can be determined:

SD amount = consumption data (actual) x agreed rate per kWh

(ii)If consumption data for entire month cannot be determined, the actual usage will be pro-rated to 31 days and shall be taken as the consumption data (deemed consumption data) for the purpose of calculating the SD amount.

SD amount = deemed consumption data x agreed rate per kWh.

Early Termination Charges (ETC)

Yes. Amount is based on the following formula:

ETC = 50% x Unexpired Term x Average Contract Value

Unexpired Term: Number of months including part thereof (calculated to the next higher whole number) between the date of termination and the date the Supply Duration would otherwise have expired.

Average Contract Value: The higher of (inclusive of carbon tax but exclusive of goods and services tax) the (i) average of the total amount payable by the Consumer to the Retailer based on the average electricity consumption of three (3) months (before the date of termination) or (ii) the total amount payable by the Consumer to the Retailer based on the Declared Monthly Consumption.

Declared Monthly Consumption: Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

Documents to prepare

To lock in the exclusive rate, please prepare your latest 3-months SP or Electricity Bills and sign up now.

Under Company Name

Under Personal Name

For all applications

Latest 3 months' SP bills or Electricity Retailer's Bills

For applications from Non-Contestable accounts i.e. currently with SP Group under regulated tariff

Latest ACRA detailed Business Profile/BizFile

Copy of NRIC/Work Pass

Letter of Authorisation (LOA)


*Required if signatory is not an authorised officer according to ACRA listing.