The electricity market in Singapore is being liberalised in stages. Large consumers of electricity have a choice of purchasing energy at competitive prices. This will be an advantage in the commercial building industry where energy cost contributed about 30% to 40% of the total operating costs.

Power Management seeks to help commercial buildings and business enterprises undertake the challenge of becoming contestable in order that energy bills can be reduced through competitive pricing.

The services we provide includes

• assisting building owners achieve 100% agreement from tenants to draw electricity from one single source

• exploring innovative options for contestability of the common service loads

• metering solution to manage energy consumption data, billing and collection and progressive migration to drawing supply from master meter.

Embedded in the above three main key services are

• Collection and analysis of electricity consumption and load profile of the customer

• Dealing with the required Authorities on contestability

• Negotiate with energy retailers on the most competitive tariffs

• Oversee and advise on energy contract terms

• Formalization of the termination of the existing account and the opening of the new energy account with the chosen energy retailer

• Metering, monitoring, billing and collection solution

• Dealing with financial services providers to provide cashless transaction.

Is the Power Management opportunity worth pursuing?

Given the following consumption pattern of a commercial building, analysis of the opportunity is as follows:

a. Electricity bill for a particular month for a commercial building

b. If electricity is drawn enbloc from one single source from building owner, the bill will change as follows:

Total savings for the building will be $60k or 6%.

c. If the building changes to another energy retailer due to its contestable status, the estimated savings will be as follows:

Total estimated savings for the building will be $110k or 11%*

*The above calculation is subject to change and dependent on prevailing electricity tariffs available.

The choice is yours, please call us at +65 63449998 or us today for a discussion and  evaluation.