ChangeMakersSG Day - Children as the Center of our Sustainability Goals
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ChangeMakersSG Day – Children as the Center of our Sustainability Goals
Climate change is real. The earth is warming, the ice is melting and the sea levels are rising. All over the globe, we are experiencing the effects of climate change in one way or another. The need for greater sustainability becomes more apparent globally, so does the importance embedding sustainability in our children’s education.
Since inception in 2014, Cultivate Central has placed working with children in the center of what they do. They are passionate about creating food gardens that would become learning gardens. A place designed to connect children with nature where they construct knowledge, explore values and develop an appreciation of the environment and its relationship to their worlds. After all, children are our future. And a sustainable future starts with the imparting the right knowledge to our future generation.
This is why Geneco supports Cultivate Central. Together, we aim to inspire children to pick up sustainable living habits through fun and simple activities such growing food in small urban spaces.
During the recent March school holidays, Geneco and Cultivate Central put together a series of workshops and hands-on activities at Bedok Mall to bring children closer to nature.
Existing Geneco customers were invited to an exclusive Microgreens Workshop for children. Through a 1-hour session, they get to learn everything about growing, caring, harvesting, and finally, preparing these microgreens for consumption. Looking at their journal drawings, you’ll be amazed by how much they have learnt within a short hour. Growing greens seem much easier than we thought.
From mixing the soil, scattering the seeds to watering and caring for them, they get their hands dirty just to prepare their very own set of microgreens such Kang Kong, Broccoli, Red Beets, Sunflower, and Red Radish to bring home.
There were also other hands-on activities for all those who didn’t manage to join us at the microgreens workshop. For instance, they got up close and personal with one of the most important friends in our gardens – worms!
You are never too small to make a difference! Making the world a greener place starts today. If we can all nurture and inspire our next generation to live more sustainably, imagine what our future could be.
Start your sustainable journey with us today by choosing Geneco’s Get it Green plan.
ChangeMakersSG Day - Supporting Healthy, Locally Produced Food
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ChangeMakersSG Day – Supporting Healthy, Locally Produced Food
Singapore, a little red dot with limited farming land, it is no doubt that many of the food we are filling our stomachs with are imported. To be specific, we import over 90% of the food we consume. Thinking about it, importing such a staggering amount of food would definitely take a toll on our environment – be it from the amount of electricity required to move the produce or the carbon footprint we leave when importing these goods.
As a sustainable urban agriculture business, Comcrop aims to connect communities to healthy, locally produced food. They believe this is the key to create resilient, local ecosystems that produce fresh, flavorful food in a sustainable city. And that is why Geneco supports Comcrop. By choosing fresh, locally grown produce, you will not only be enjoying healthier, more nutritious food, you will also be reducing your carbon footprint.
On 2nd March, Geneco and Comcrop organised a Farm-to-Table Popiah Making Party exclusively for Geneco’s existing customers to experience first-hand with urban farming and making Popiah with fresh lettuce straight from the farm.
Through a 10 minutes tour of Comcrop’s rooftop greenhouse, our customers were able to see exactly how food is grown and learn about the process urban agriculture.
Then came the highlight of the party, the Popiah making. All vegetables used for the Popiah were farmed and produced by Comcrop, meaning that all vegetables consumed that night was sustainable and had less impact on the environment from transporting food long distances, and reduced food wastage along the way. Not only were our participants able to see the crops, they were able to taste the delicious, fresh, flavorful produce grown from the greenhouse they had just visited. Grown without pesticides or herbicides, Comcrop’s methods greatly reduce the amount of water, land and chemicals that would be used in producing the same amount of produce conventionally.
That night, all the participants went home with a full stomach and an even fuller heart. Going green has always been in the talks, and the need to save the planet has only gotten greater. It’s 2019, and it’s the year of Climate Action for Singapore, play your part and if everyone were a little conscious of their decisions, we would be able to create a very sustainable future for all.
Start your sustainable journey with us today by choosing Geneco’s Get it Green plan.
HSBC donates 24,267 hours of electrical power to Riding for the Disabled Association of Singapore via Geneco
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HSBC donates 24,267 hours of electrical power to Riding for the Disabled Association of Singapore via Geneco
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.
Top 10 Home Energy Saving Tips To Keep Electricity Bills Low
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Top 10 Home Energy Saving Tips To Keep Electricity Bills Low
On average, household expenses in Singapore can make up at least 14.5% on your monthly spending. This would mean that an average 5 room flat in Singapore would be raking up $1,000 in electricity bills per year. Such high spending on electricity bills can be avoided as long as we make a conscious effort on our electrical consumption habits.
Saving on electricity bills can be easy especially when these savings can be used for the finer things in life. What do you do to save money on your electricity bills?
Here are Geneco’s 10 tips on how to avoid sky high electricity bills.
Tip #1: Doing your laundry smart
Many believe that doing our laundry in hot water can result in cleaner clothes. However, it could make stubborn stains like coffee stains permanent. Additionally, nearly 90% of the energy consumption of a washing machine goes to heating the water. The next time you do your laundry; do consider switching your washing machine settings to cold water instead.
Tip #2: Iron it Out
Start your ironing with clothes that require lesser heat such as silk and wool before moving on to fabrics that require more heat such as cotton. This would prevent unnecessary heating, cooling and re-heating again which would consume more electricity.
Tip #3: Light more for less
If you haven’t switched the lights in your house to light-emitting diode bulbs (LEDs), now is the time. They use 85% less electricity than incandescent bulbs and last 25 times longer. Under NEA’s Switch and Save – Use LED (SSUL) programme, $25 vouchers for LED lights have already been sent to some 80,000 households living in one-room and two-room HDB flats. NEA will extend the programme to three-room HDB households as well. Light up your house with LED lights and save so much more on your electricity today. Read more about our tips on buying household appliances.
Tip #4: Run your refrigerator for less
Hiding in the corner of all our kitchen is our trusty refrigerator. They are always overlooked when it comes to being more environmentally friendly, however, refrigerators are in fact, are one of the household electrical appliances that consumes the most electricity. Constant opening and closing of the fridge wastes an enormous amount of energy, and can cause dust to build up. The more dust we have on the refrigerator coils, the more energy is required to cool the refrigerator, driving the power bill up.
Tip #5: Bye Bye to standby
75% of the electrical use by home electronics occurs when they’re on standby. These “energy vampires” suck electricity all day long—costing you an extra $100 each year. So if you’d like to avoid burning a hole in your pocket, unplug your electronics or plug them into a power strip, then turn off the strip.
Tip #6: Use the right ring for the right thing
If your cooker has a small ring, use a small pan. You might only be heating up a small meal, and doing so in a big pan wastes a lot of energy. Conversely if you try and heat a large pan on the small ring you’re more likely to end up heating for longer than saving any money or energy.
Tip #7: Don’t overpay for the electricity you are using
Choosing a good electricity retailer in the Open Electricity Market can be just as important in getting more savings on your electricity bills. Visit geneco.sg for the most competitive electricity prices that are tailored for you today.
Tip #8: Buying energy efficient appliances
Throwing out a perfectly good appliance won’t save you much money, but when it is time to swap, going for one with a high energy-efficiency rating can be worth the investment. Lookout for the NEA energy label on appliances such as TVs and refrigerators. The more ticks the device has, the less electricity you consume and the more money you save.
Tip #9: Let there be light
Remember to clean your lamps and light fixtures regularly as dust on lamps reduce light transmission. Alternatively, do consider using natural light for your lighting needs instead to save even more on electricity!
Tip #10: Go smart with smart meters
Did you know that you have an option to switch to an AMI meter, or smart meter?
With smart meters, your electricity consumption is measured real-time and remotely read at half-hourly intervals. By monitoring your electricity consumption usage, you will be able to eliminate electricity wastage, thus lowering your bill.
Switch Over to Geneco Today.
You have the power to make a change with Geneco, a top electricity retailer with 48 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. By switching over to Geneco, you will be able to enjoy 30% savings on your electricity bills, measured against the regulated tariff. Look for our most savings plan, Get It Fixed 24 at a fixed rate of 17.98¢ per kWh, (as of 1 March 2020). With over 48 years of experience in the energy business, you could say that we know a thing or two about power.
3 Tips You Need To Know When Buying Energy-Saving Household Appliances
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3 Tips You Need To Know When Buying Energy-Saving Household Appliances
The average monthly household electricity consumption of a 4-room public housing unit was 372.9 kWh in 2017 (statistics: Energy Market Authority) While the consumption is lower than that of the same 4-room HDB unit in 2015 at 387 kWh, there are many ways you can save big on your energy costs while helping the environment at the same time. Here at Geneco, we share 3 tips to cut back your energy use and reduce your bills.
Tip #1: Changing out your light bulb
Did You Know?
LED bulbs use up to 85% less electricity than incandescent light bulbs to produce the same amount of light, and can last about 20 times longer.
With the adoption of energy-saving applicances such as LED light bulbs by almost every major applicances brand, it may sometimes be easy to overlook the From 2023, all light bulbs sold in Singapore are likely to be as energy efficient as a light emitting diode (LED) bulb. However, buying a simple light bulb is not so simple anymore. As technology has advanced and environmental awareness has increased, energy efficiency has become a big factor for consumers. Choose energy efficient lamps such as LED bulbs over incandescent or halogen lights. Using a 42W incandescent light bulb instead of a 7W LED bulb can save your over $100 per bulb per year*. (image and information source: Straits Time)
Tip #2: Consider the needs of your family and get the appropriate sized fridge
Do you really need such a big refrigerator? Consider this before you make the decision on which refrigerator to buy. When buying a refrigerator, energy efficiency is achieved best when considering freezer placement.
Do you know?
The most energy efficient refrigerator style is a top-mount freezer refrigerator as it uses 10-30% less energy than the same models of side-by-side refrigerators.
Choosing the smallest model refrigerator that meets your needs would save you much more in the long run. Also, leave at least a 1-inch clearance around the unit for adequate airflow.
Before you purchase the fridge, question whether additional features, such as automatic icemakers and through-the-door dispensers are needed as they increase energy use.
Tip #3: Changing your air conditioner
Choose the right cooling capacity is paramount in buying air-conditioners. Oversized air-conditioners would result in wastage of electricity when running it. Likewise, an undersized air-conditioner would be overworked, leading in inefficiency. From 1 January 2008, household air-conditioners and refrigerators that are sold in Singapore must be affixed with an Energy Label under the Environmental Protection and Management Act.
Do you know?
Look out for the energy-saving setting in your air-conditioners. This means once once your room has cooled off, the unit will turn off not only the compressor but also the fan thus conserving energy.
Air-conditioners with more ticks on the energy label are more energy efficient. A 2-tick model will cost you about $270 more in electricity bills a year* as compared to using a 5-tick air-conditioner. You can view the list of air-conditioner models and their energy efficiency ratings at www.nea.gov.sg/els
Here’s a bonus tip!
Keep your household electricity bill low consistently by switching over to Geneco for immediate savings.
In 2017, Energy Market Authority (EMA) rolled out The Open Electricity Market that allows you to enjoy more choices and flexibility when buying electricity. This translates to immediate savings against the regulated tariff. i.e. 25.52 cents per kWh effective from 1 Jan – 31 Mar 2019 (incl. GST), and managing your household finances lower. Visit https://genecoprdz.azurewebsites.net/open-electricity-market/ to find out your eligibility.
You have the power to make a change with Geneco, a top electricity retailer with 48 years of experience.
Geneco is one of Singapore’s top electricity retailer in the Open Electricity Market, 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.By switching over to Geneco, you will be able to enjoy savings of over 30% off your electricity bills, measured against the regulated tariff. Look for our most savings plan, Get It Fixed 36 at a fixed rate of 17.98¢ per kWh, (as of 1 July 2019) or with our Get Free Sundays plan, never worry about paying for electricity on Sunday again. With over 48 years of experience in the energy business, you could say that we know a thing or two about power.
Singtel partners Geneco to offer electricity plans
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Singtel partners Geneco to offer electricity plans
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.
Winner of Superbrands Award since 2010
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Winner of Superbrands Award since 2010
On 5 December 2018, Geneco received the Superbrands Award, offered to brands with outstanding reputation in the industry. This award is given out after a rigorous and comprehensive selection process, based on extensive consumer research conducted by BDRC Asia, an award-winning global consumer insight consultancy and in consultation with an expert brand panel.
Geneco has been a Superbrands Award Winner since 2010. From our first customer in 2001, we have committed ourselves to deliver excellent customer service, innovative array of products, as well as cost-effective energy plans to every of our customer to come. We were the first electricity retailer to offer e-billing and multiple payment options when demand for these services arose, in addition to flexible energy services that addresses business sensitivity to price fluctuations. Till today, change is a constant in Geneco. From time to time, we continue to introduce new product bundles and value add-ons to cater to changing demands.
Beyond supplying electricity, Geneco believes in offering educational value to our community. We conduct regular seminars to educate consumers about the energy market liberalization, latest market trends and capabilities building. It is in our interest to see our commercial customers do well and we hope to be a part of their success and growth.
To our treasured customers, thank you from the bottom of our hearts for your continued support!
Power your business with a customized energy plan today.
SIEW 2018 - Connecting with Energy Industry Delegates and Partners
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SIEW 2018 – Connecting with Energy Industry Delegates and Partners
Geneco’s parent company, YTL PowerSeraya, was one of the Energy Marketplace sponsors for the annual SIEW (Singapore International Energy Week) event held in late October 2018, organised by the Energy Market Authority (EMA). This year, the 10th edition of this event focused on advancing key regional energy initiatives and the strengthening of public-private partnerships.
YTL PowerSeraya’s CEO, Mr Chan Swee Huat, as well as Executive Vice-President of Retail, Mr Low Boon Tong, also had the opportunity to share more on the company’s green initiatives and sustainability efforts with both ministers from the Ministry of Trade and Industry, Minister Chan Chun Sing, as well as Dr Koh Poh Koon; alongside EMA’s Chief Executive, Mr Ngiam Shih Chun.
The event was well attended by global energy policymakers, investors and industry leaders, who gathered to discuss topics related to the event’s key theme of the year: Transforming Energy: Invest, Innovate, Integrate.
Learn more about Geneco and our electricity plans
Geneco is one of Singapore’s top electricity retailer, belonging to a global network of energy and utility companies known as YTL Power International. 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.
5 Tips to Save Energy and Lower Your Electricity Bills with Geneco
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5 Tips to Save Energy and Lower Your Electricity Bills with Geneco
This post appeared first on the MoneySmart blog at https://blog.moneysmart.sg/budgeting/save-energy-lower-electricity-bills-geneco/
The advent of the full roll out of the Open Energy Market (OEM) is another big step in the right direction of giving consumers more
choice when it comes to managing their finances. In this case, it’s in the area of the cost of energy consumption, and boy do we need it.
If recent data is anything to go by, saving money on your electricity bill is something that Singaporeans need to probably pay a little more attention to. According the National Environment Agency (NEA), Singapore’s household electricity consumption has increased by about 17% over the past decade. Choosing an electricity plan that suits your needs is definitely a good way to start making sure you’re not overpaying, and this goes beyond just looking at the rates advertised by suppliers.
But another big contributing factor to the overall cost of your electricity bill is of course your lifestyle habits as well. Here’s what you should do or look out for in order to save more on your monthly electricity bill.
1. Lock in your savings with the most competitive fixed plan in Singapore
One of the best things to come out of the OEM is the fact that you can now choose a plan that suits your needs, rather than being subjected to whatever electricity tariffs were previously set.
Currently, Geneco offers the best 24-month fixed plan in Singapore, at a price of 17.78 cents per kWh. And given that you’re always going to need power in your home, why not take advantage of this right now? You can read our assessment of what else you need to take note of when choosing a price plan, and Geneco’s site makes it extremely easy for you to sign up for a plan of your choosing.
2. Air-conditioning
You weren’t expecting to see anything else at the number one spot for energy guzzlers right? We get it. Singapore is a sauna of Death Star proportions, and I will be the first to admit that I leave my air-conditioner on for an unreasonably long period of time at home.
The 2017 NEA survey of 550 households revealed that air-conditioners accounted for 24% of the energy consumption in a home. Back in 2014, in a bid to help consumers better identify more energy efficient home appliance models, and also to encourage suppliers to offer more efficient products, the NEA revised their energy rating system for air-conditioners, refrigerators and clothes dryers.
Getting an air-conditioner with more ticks in their rating might cost you slightly more, but the savings in the long run are definitely worth it, and buying a 5-tick aircon can save you around $270 a year. But of course you and I both know what the ultimate way to save energy on aircon usage is.
According to the Energy Efficiency Programme Office (E2PO), using a fan instead of an aircon can save you about $400 a year. Of course, I’m not going to preach about switching devices when I am obviously not going to do it myself.
One good compromise that I have started to practice is actually switching my aircon off after the room has cooled, or setting a timer and then using my fan to circulate the air in the room. This way you don’t have a fan just blowing hot air around your room, while also minimizing the use of your air con. This could save you up to $340 a year.
3. Refrigerators
Refrigerators came in a not-so-close second in NEA’s survey, clocking about 17% of total energy consumption. That’s still a pretty significant number. Now you might be thinking “Well I obviously can’t turn off my fridge intermittently right? That’s just ridiculous.”
When it comes to saving energy on refrigerator usage, I’m quite certain nobody in their right mind is going to be cycling their fridge’s power on and off. What can help you to minimize the energy consumption of your refrigerator, however, is efficient usage of your fridge. Here are some quick tips on making sure you don’t overwork your refrigerator:
- Minimize door openings – every time cool air escapes, the fridge works harder to replace the air, so keep the door open no longer than necessary.
- Keep the refrigerator full, but don’t overpack it – a full fridge retains cold better than an empty one, but if your fridge is too full, it will obstruct the circulation of cold air inside.
- Separate your fridge from heat sources – a 10 degree increase in surrounding temperature could result in up to 20% higher energy consumption
- Allow hot foods to cool before placing them in the fridge – placing hot foods inside immediately causes the temperature to go up temporarily, and makes your unit work harder.
4. Water heaters
This came as a little bit of a surprise to me, but water heaters accounted for about 11% of electricity consumption. That being said, I know quite a number of people who just leave their water heaters on the entire day, even when they out of the house for work!
You could save about $110 a year just by only turning the storage water heater on when you need it, and turning it off after usage. There’s really no good reason at all to leave it on the entire day (unless there’s someone in your house who enjoys bathing continuously the whole day, which would present a whole different problem altogether).
5. Standby Power
You might not realise this, but just because you turn devices off, it doesn’t mean that it isn’t still consuming power. Standby power refers to the way electric power is consumed when appliances are turned off or are in standby mode.
It might seem like a small thing on a per-device level, but if you multiply that by the number of devices that are hooked up to a power source – TVs, computers, fans, kitchen appliances, just to name a few, this can add up to a significant amount. Using something like a power strip that connects multiple devices and allows you to cut the power at one go can help you to reduce this unwanted usage.
Conclusion
Apart from adapting your lifestyle behaviour, there are also many different power-saving innovations that are helping consumers to save on their electricity. Simple things like using LED lights can save you a huge amount of energy. At the end of the day, it’s about being aware of your consumption habits to ensure that you are not using more than you need.
Want to save more on your electricity bill? With the new Open Electricity Market, choosing the right energy provider to suit your needs can help you with significant cost savings. Find out more about what Geneco has to offer.
*Price is correct as of 31 Oct 2018 and is subject to change.
Asian roll-out of integrated brand for both business and consumer energy portfolios
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Asian roll-out of integrated brand for both business and consumer energy portfolios
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.
