Advocating for a more sustainable lifestyle for our customers has always been at the core of Geneco. Beyond our position as a leading electricity retailer in Singapore, we believe that we have the responsibility to do good for our future generations and to protect the environment.

In celebration of Geneco’s 3^rd anniversary and Earth Day 2021, we recently held our inaugural Plant-A-Tree event at Windsor Nature Park as part of our commitment to National Parks Board’s #OneMillionTreesSG movement. Presiding over the event was our newly appointed Chief Executive Officer of Geneco – Mr Lim Han Kwang, alongside our ChangeMakers partners – The Food Bank Singapore, Comcrop, Cultivate Central, Refash, Repair Kopitiam and Green Nudge, and Standard Chartered Bank partner. Sharing the same vision of creating a better and cleaner tomorrow for the future generations, these like-minded organisations took time out for this event to do their part for an environmental cause.

Planting the first 50 of the 250 trees we have pledged for the next 5 years, this commitment also aligns our support for the nation’s SG Green Plan, as well as the continuous efforts to #PowerTheChange for a more sustainable and greener nation.

In his opening speech at the event to mark this special occasion on Earth Day 2021, Mr Lim also announced Geneco’s new comprehensive suite of sustainable energy solutions to ease and encourage customers to adopt an eco-friendlier lifestyle.

If you are kickstarting your eco journey and are overwhelmed by the multiple green energy options out there, here is a guide on our newly launched sustainable energy solutions for your home to consider.

Power Eco Total Home Solution

Customised renewable energy solution (solar panel installation with optional green electricity plan)

The Geneco Power Eco Total Home Solution provides solar panels installation for landed residential homes with optional add-on of any of our green electricity plans.

Available to both existing and non-existing Geneco customers, the solar panel installation service provides customers the opportunity to do good for the earth by adopting a 100% carbon neutral lifestyle, and also reduces up to 9,300 kg of carbon dioxide, which is equivalent to the annual CO2 absorption by 462 rain trees. Excess energy produced can also be sold back to the grid.

The benefits from this installation go a long way where households get to enjoy lower electricity cost, saving up to $4,600 on your electricity bills each year. What’s more, households even get to enjoy additional savings with up to $1,000 Geneco of bill rebates!

To ease the set-up cost of the solar panels’ installation, Geneco has partnered with Standard Chartered Bank to bring customers an exclusive promotion of up to $1,250 cashback with the approval for CashOne personal loan.

Power Eco Total Home Solution

• Offset up to 9,300kg of greenhouse gases
• Save up to $4,600 a year on electricity bills
• Enjoy up to $1,000 Geneco Bill Rebates
• Get up to $1,250 Cashback for Standard Chartered Bank CashOne personal loan

Complete your Power Eco Total Home Solution with any of the following green electricity plans below to go 100% eco-friendly.

If you are unable to install solar panels for your household, you can still do your part to offset your carbon footprint by signing up for a standalone eco plan for your residence. Furthermore, for a limited time only, Standard Chartered Bank credit card holders get to enjoy additional $35 bill rebate on top of prevailing promotions for new sign-ups with Geneco’s green plans when they set up recurring bill payment.

Get Sunny

100% solar energy plan

Solar energy has been touted as a key pillar in Singapore’s energy future with it gaining traction progressively. The ability of solar energy to reduce harm on the environment and the long-term benefits to our climate has garnered the attention of many consumers and organisations.

With Geneco’s Get Sunny electricity plan, it is a 100% renewable energy option that will be powered from Geneco’s parent company YTL PowerSeraya’s own solar photovoltaic (PV) system. This makes choosing a renewable energy plan a reality for residential households who would like to make the full commitment by choosing renewable energy but may not have the necessary infrastructure or resource to make it a reality.

If you are thinking of switching to a renewable solar energy plan, consider Geneco’s Get Sunny – where you will also receive a Renewable Energy Certificate, to pave positive impacts for the environment and #PowerTheChange.

Get It Green

100% carbon-neutral electricity plan

The definition of carbon-neutral electricity is to offset the amount of electricity generated from a person’s carbon footprint. This is executed through carbon credits which allows you to pay to reduce the carbon emissions that you have generated. Funds generated from the purchased credits are channelled to certified climate action projects. These projects reduce, remove or avoid greenhouse gas emissions and are a great way for any businesses, households or individuals to make a choice and help organisation to take immediate action.

Geneco’s Get It Green is a 100% carbon-neutral electricity plan that lets you do good for the earth even while consuming electricity at home for your daily needs. You will also receive Verified Carbon Units Certificate for making a simple yet conscious choice to offset your carbon footprints.

Here at Geneco, we understand that starting your eco journey might seem daunting, which is why we have launched this comprehensive suite of sustainable energy solutions to ease and encourage you to adopt a greener lifestyle.

The SG Green Plan 2030 has outlined the transformation we can expect for Singapore within the next decade as the nation furthers its green ambitions for a more sustainable future. With every kilowatt of energy consumed, make your usage count and #PowerTheChange with us today to secure a better environment for the future generations.

The future of sustainable energy in Singapore

Singapore, 15 May 2019 – According to the expert panel who spoke at a recent clean energy forum, the future of sustainable energy in Singapore is positive. The nation is embarking on intensive research and development to increase the contribution of renewable energy in its energy mix.

Geneco, one of Singapore’s leading electricity retailer, partnered with the Sustainable Energy association of Singapore (SEAS), a non-profit business association that represents the interests of companies in the sustainable energy sector, to host a sustainability forum on 26 April 2019.

The three-hour forum was targeted at carbon space experts, business owners and energy managers. Industry experts were brought in to share about how global climate action translates into direct cost impacts on business in Singapore and how companies can transit to a low-carbon business model.

One of the speaker, Mr Vinod Kesava, the co-founder and chief executive officer of the Climate Resources Exchange (CRX), shared about the untapped potential of renewable energy and energy efficiency projects. He also shared the successes in the integration of renewable energy with environmental attributes from carbon credits and renewable energy certificates.

At one of the talks during the forum, Ms Pooja Bansal, a YTL-SV Carbon senior consultant specialising in energy and environment management, delved deeper into the renewable energy certificates and carbon credits verification process and provided practical tips to identify credible certificated and credits available in the market that can be used by companies for their respective environmental attributes.

Read full article here.

HSBC’s donation, via retail electricity provider Geneco, will power the Riding for the Disabled Association of Singapore’s facility for 33 months

Singapore, 8 March 2019 – HSBC today has donated 24,267 hours of electricity to the Riding for the Disabled Association (RDA) of Singapore, a globally recognised facility which provides equine-assisted therapy (also known as hippotherapy) free of charge to children and adults with physical and mental disabilities.The donation is part of the Swing for Power initiative for this year’s HSBC Women’s World Championship (HWWC), and made in conjunction with International Women’s Day. HSBC will sponsor 24,267 hours of electricity via Geneco, one of the leading retail electricity providers in the nation’s Open Electricity Market (OEM).

Swing for Power

How powerful is a golf swing? Enough to power the community. Through collective golf swings, HSBC harnessed the power of the public for a good cause – Each golf swing from the HSBC Swing for Power initiative would help provide electricity to support the local community in Singapore.

Since 8 February 2019, five Swing for Power roadshows were set up across Singapore’s high human traffic areas – Plaza Singapura, West Mall, Century Square, VivoCity, and Ang Mo Kio Hub. A Swing for Power booth was also made available during the HWWC 2019 at Sentosa Golf Club from 28 February to 3 March 2019. For every golf swing made at the roadshows, interactive bus shelters and through the online game, HSBC contributed 3 hours of electricity to power facilities at RDA. The contribution was made via Geneco, RDA’s electricity provider. A total of 8,089 people participated in the Swing for Power initiative, harnessing 24,267 hours of electricity, which will power the RDA facility for 33 months.

With every swing, participants could take a picture of a screen with the number of hours of power they helped to generate. Participants were also given HSBC merchandise as a token of appreciation for their contribution.

“At HSBC, we’re always looking for ways to give back to our local communities. This year, we decided to harness the collective power of the people to support the amazing work that RDA is doing for those in need,” said Tony Cripps, Group General Manager and Chief Executive Officer of HSBC Singapore. “The success of the Swing for Power initiative was achieved by mobilising the public for the common good. We are heartened by the results from this initiative and we hope that the contribution will benefit more Singaporeans with disabilities.”

“We would like to thank HSBC for their generous contribution. The donation will enable us to further our cause, transform the minds, bodies and lives of those with disabilities through equine assisted activities,” said Choy Weng Leong, Executive Director of RDA Singapore.

Geneco helps RDA power the change

Commenting on the partnership, Low Boon Tong, Executive Vice President, Retail, Geneco by YTL PowerSeraya, said, “We strongly believe in powering the change for our community, not just through providing electricity, but further catalysing the good work that is already underway. We’re proud to partner with HSBC, and to provide 24,267 hours of electricity for RDA, to whom we have been retailing electricity for the past few years. By ensuring that their electricity needs are taken care of, they will have more resources to invoke positive change for their community.”

World-class golfer Pernilla Lindberg at RDA

On 26 February 2019, major winner and one of the world’s top 50 female golfers, Pernilla Lindberg of Sweden swapped the golf course for the riding paddock as she visited the RDA as a special guest to observe a daily therapy session to raise awareness for HSBC’s Swing for Power initiative. Lindberg, the reigning ANA Inspiration champion, was given a guided tour of the stables and riding centre and witnessed at first-hand the commendable work being delivered by the association each and every day.

The three-hour forum was targeted at carbon space experts, business owners and energy managers. Industry experts were brought in to share about how global climate action translates into direct cost impacts on business in Singapore and how companies can transit to a low-carbon business model.

One of the speaker, Mr Vinod Kesava, the co-founder and chief executive officer of the Climate Resources Exchange (CRX), shared about the untapped potential of renewable energy and energy efficiency projects. He also shared the successes in the integration of renewable energy with environmental attributes from carbon credits and renewable energy certificates.

At one of the talks during the forum, Ms Pooja Bansal, a YTL-SV Carbon senior consultant specialising in energy and environment management, delved deeper into the renewable energy certificates and carbon credits verification process and provided practical tips to identify credible certificated and credits available in the market that can be used by companies for their respective environmental attributes.

Read full article here.

Households can enjoy electricity bill savings of up to 30%

Singapore, 10 January 2019 – Singtel and Geneco today announced a partnership to offer Geneco electricity plans. Singtel will be reselling these plans through Singtel Power.

Households can choose from a range of electricity plans that offer monthly power bill savings of up to 30% on current regulated tariffs. Customers who switch from their existing provider will experience a seamless transition with no disruption to their electricity supply.

This partnership combines Singtel’s extensive customer reach as Singapore’s leading consumer services provider with Geneco’s experience as a brand of YTL PowerSeraya, the second largest power generation company in Singapore.

“With Singtel Power, we seek to provide greater value, choice and flexibility to Singapore households. We are excited to be a convenient one-stop shop for their power and communications needs. In addition to savings on their power bills, customers can enjoy an attractive discount on their fibre broadband subscription and mobile handset purchase,” said Mr Yuen Kuan Moon, CEO, Consumer Singapore, Singtel.

“At Geneco, we recognise that good energy becomes even better with great partnerships. Working with Singtel, we aim to offer Singaporeans easy access to better energy plans, with the option of value-added services from Singtel. The partnership allows us to tap into Singtel’s extensive customer reach as part of our “Power the Change” vision to build a sustainable energy future for Singapore,” said Mr Yeoh Keong Hann, Executive Director of YTL Power.

Residential customers can choose from three Geneco plans, Get it Fixed 24, Get it Fixed 36 and Get it Less 24, and enjoy exclusive Singtel promotions. For a start, new Singtel Power customers who also sign up or re-contract on a Singtel 1Gbps fibre broadband plan will enjoy 1 month free broadband and a S$80 mobile handset discount.

Asian roll-out of integrated brand for both business and consumer energy portfolios

Singapore, 3 October 2018 – YTL PowerSeraya Pte. Limited (YTLPS) today announced the launch of Geneco, the integrated brand for both its business and consumer energy portfolios. The move comes ahead of the impending nationwide rollout of the Energy Market Authority (EMA)’s Open Electricity Market (OEM) beginning November 1, 2018.

Announcing the integration, Chan Swee Huat, Chief Executive Officer of YTLPS, said “The move to consolidate both our business and consumer portfolios under the Geneco brand signals our intent to be the preferred integrated energy provider for businesses and homes across Singapore.”

“We will do this by having a clear focus on innovation, cost-effectiveness and sustainability, and providing practical energy solutions.  For example, our fully-digital customer journey strips away unnecessary costs, so we can offer the best plans at the best prices, making energy more accessible to the people,” he said.

YTLPS is the second largest power generation company in Singapore with a licensed capacity of 3,100MW. Part of the global YTL Power energy network, YTLPS has been generating power for Singapore for 47 years and has been in business-to-business energy retail for close to 17 years.

Geneco draws its ethos from GENeco UK, a pioneer in sustainable energy solutions which has earned multiple awards for its work in recycling and renewable energy. GENeco UK is also owned by YTL Power International.

Commenting on the launch of Geneco in Singapore, Yeoh Keong Hann, Executive Director of YTL Power said, “At YTL Power, we recognise that energy is the driving force of development. The move to launch Geneco, with its eco-friendly ethos, is in line with YTLPS’ aim of building a sustainable energy future for Singapore. It is the first step in Geneco’s international expansion as an integrated sustainable energy solutions provider.”

He added, “By harnessing the knowledge of our international energy network, investing in more energy-efficient power generating assets, switching to less carbon intensive fuels and driving innovation, we are well-positioned to meet the energy needs of markets across Asia.”

EV Charging Infrastructure As a Platform for Growth

According to Mr. Yeoh, Geneco has earmarked the local electric vehicle (EV) sector as one that holds massive potential for growth and provides them with an opportunity to contribute to Singapore’s clean energy agenda.

“The newly rebranded entity will work with commercial fleets as well as building owners to roll out an electric vehicle charging network consisting of 1,000 charging points by 2025. By offering bundled electricity and EV charging solutions to customers, this network will serve the needs of a new generation of electric vehicles and cement Geneco’s position as owner and operator of the largest electric vehicle charging network by an energy retailer in Singapore,” he added.

Geneco’s integrated business offering is reflected in its new website (https://geneco.sg), which allows both business and residential customers a portal that tracks their energy consumption, offers a variety of plans and packages, and facilitates e-payments.

You have the power to make a change with Geneco, a top electricity retailer with 52 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.

A fresh, eco-friendly energy choice for Singapore’s newly liberalised retail energy market

Singapore, 16 March 2018 – Come mid-2018, Singaporeans will welcome a fully-liberalised electricity market, putting the choice of how to buy electricity firmly in the hands of the consumer. Enter: Geneco. With its promise of “Power to Empower”, the new retail energy brand is backed by Seraya Energy, the retail arm of the YTL PowerSeraya Group. This eco-friendly energy brand’s ethos stems from the United Kingdom, where Geneco UK – part of the wider YTL Group of companies – has been widely recognised and lauded for its work in recycling and renewable energy.

Announcing the launch of Geneco in Singapore, Hann Yeoh, Director of YTL PowerSeraya Group and Business Development Director of its parent company, YTL Power International, said,

“Seraya Energy has built a strong reputation in Singapore over the last 17 years as a reliable and customer-focused energy services provider. The introduction of Geneco in Singapore allows us to bring these values to the retail energy market, complemented by Geneco UK’s strong focus on innovation and sustainability.”

Geneco’s rallying call at launch will be “Power to Empower”, reflecting a customer-centric approach in its energy price plans. Customers will be empowered to achieve more out of their daily activities through a range of price plans suited to their household and lifestyle needs. At the same time, Geneco commits to building a sustainable energy future. The result: An eco-system of mutual empowerment between Geneco and its customers.

Yeoh added that the launch of Geneco would extend Seraya Energy’s existing B2B retail activities, making the company a full-spectrum energy provider, with the aim of bringing greater value to consumers. The company has built a reputation for excellent customer service with numerous industry call-centre awards under its belt, while YTL PowerSeraya is currently the second largest electricity generation company in Singapore.

You have the power to make a change with Geneco, a top electricity retailer with 52 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.