Keppel Electric Electricity Retailer Review: Should You Sign Up?
Keppel Electric Electricity Retailer Review: Should You Sign Up?
ValueChampion Rating 
Pros
- Individuals that are interested in an electricity plan that charges less at night
Cons
- Individuals seeking the cheapest fixed rate plan
Overall, Keppel Electric's rates are not the cheapest available in Singapore; however, the retailer is a great choice for those interested in a plan that charges less at night and more during the day. For households that use less electricity during the daytime, or would be able to shift their usage towards night, Keppel's KNIGHT plan could be a great fit.
| Summary of Keppel Electric's Plans |
|---|
| Less Competitive Fixed Rate Plans |
| Experienced Electricity Company: 19+ years in business |
| Promotion: Promo Code ONLINE40 for S$40 bill rebate |
Table of Contents
What Makes Keppel Electric Stand Out to Consumers?
Keppel Electric's rates are not all among the cheapest available in Singapore, but the retailer does not have a competitive variable rate plan. This plan, called KNIGHT, charges customers lower electricity prices during off-peak hours (11pm - 7am) and relatively higher rates during peak hours (7am - 11pm). This makes Keppel a great choice for those that use more electricity at night, than they do during the day.
| Plan | Contract Duration | Pricing Type | Price (per kWh) | Est. Monthly Bill |
|---|---|---|---|---|
| FIXED12 | 12 months | Fixed Price | 26.88¢ | S$100.80 |
| FIXED24 | 24 months | Fixed Price | 26.88¢ | S$100.80 |
| ecoGreen24 | 12 months | Fixed Price | 28.10¢ | S$105.38 |
| ecoGreen24 | 24 months | Fixed Price | 28.10¢ | S$105.38 |
| Estimated bill assumes 375 kWh, typical usage for 4-Room HDB Flat | ||||
How to Enroll: Keppel Sign-Up Process
If you are interested in applying for an electricity plan with Keppel, you can click on the buttons on this page to register. Once you're on the Keppel Electric website, you will be asked to select your preferred plan and describe your household size, NRIC number and phone number. Keep in mind that Keppel customers can refer their family and friends in order to earn S$33 per referral. Not only that, the referred customers will receive S$40 off their first bill.
Other Notes: Charges & Fees
Most electricity retailers charge a few fees. Keppel Electric has a few fees associated with its services, though some are avoidable. Additionally, the company is currently waiving its security deposit requirement for Singaporeans and Permanent Residents.
| Fee | Amount |
|---|---|
| Late Payment | 1% per month on outstanding amount |
| Security Deposit | Currently Waived |
| SP Group Account Closure | S$10.70 (collected on behalf of SP Group) |