SINGAPORE – Households can save their bills by switching their online retailer with just a few clicks, with a new service launched on Friday (November 9th) by SRX Property Provider.
The service is provided on its srx.com.sg website and mySG Home application.
The launch coincides with the launch of the open-market electricity market at national level where consumers can change their electricity supplier as part of the government's effort to liberalize the local electricity market.
SRX's property has mobilized GovTech's MyInfo service to allow people to check their online identity using SingPass and reach out to retailers within a few minutes.
Those who use SingPass on mobile phones can also use their ID or fingerprint to change retailers.
Households can check their eligibility to change their electricity distributor at srx.com.sg
According to the Open Energy Market Program, 58-78 postal households managed to change retailers from November 1, 2018 by joining Jurong households, which they could buy from other retailers in April 2018.
The national liberalization of the electricity market is scheduled to be completed by May 2019.
SRX is headed by Streetsine Technology Group, a subsidiary of Singapore Press Holdings, which owns The Straits Times.
Its mySG Home platform allows users to track the value of their home and apply for a home loan with several creditors. More than 102,000 homes are already being watched by mySG Home members.