Lower Your Business Electricity Costs — Secure a Better Rate in Minutes
Don’t overpay on your next contract.
Get multiple licensed retailers to compete for your business and lock in a better rate in our live energy reverse auction platform.
“It not only helped us secure a better electricity package, it also shortened our electricity procurement process significantly.”
Mr Douglas Foo
Charmain of Sakae Holdings
Tell us about your business — we’ll get retailers to compete and secure your best rate.
- 100% Free for Businesses
- Proven Savings Track Record
- Reduce Energy Procurement Time
Licensed Electricity Retailers Competing for Your Business
See Electricity Retailers Compete Live for Your Best Electricity Rate
Watch Prices Fall in Real Time
*Subject to each auction
Watch Singapore’s Only Multi-Retailer Reverse Auction in Action
Lower Business Electricity Costs. Zero Fees. Faster Results.
Lower Your Electricity Costs
Get multiple retailers to compete for your business — so you don’t overpay.
100% Free to Use
No platform fees, no hidden charges, no obligation.
15-Minute Reverse Live Auction
Watch retailers compete live in auction— driving your electricity rates down.
Lock In Your Electricity Rate
Secure the best available electricity rate in today’s market.
A Partner You Can Trust
Operated by Energy Market Company, an SGX subsidiary licensed by the Energy Market Authority.
20 years
$10+ Billion
2014
Is PowerSelect Right for You?
Our live electricity plan auction is ideal for firms seeking market-wide competition without the hassle of manual sourcing
Commercial Landlords & REITs
Hotels & Hospitality Groups
Data Centres & Technology Parks
Manufacturing Plants & Cold-Storage Facilities
Wholesale Food Importers
Property Developers & Institutional Investors
Why Industry Leaders Choose PowerSelect
Traditional Procurement vs. PowerSelect’s Auction Platform
| Procurement Aspect | Traditional Method | PowerSelect Advantage |
|---|---|---|
| 📊 Time Investment | 🗓️ 4–6 weeks | ⏰ 15 minutes |
| 🫲🏼 Retailer Participation | 🛒 Commonly relies on a “best-of-3-quotes” approach to procurement | 🛒 Real-time bidding with multiple licensed electricity retailers |
| 🔥 Price Discovery | ⚡️ Static quotes | 📈 Dynamic live bidding |
| 📝 Contract Terms | 🤝🏻 Individual negotiation | 📋 Customised to your requirements |
| 📈 Market Insights | ⌛ Limited visibility | ⏱️ Real-time data access |
| ♻️ Sustainability Options | 🔄 Separate process | ☰ Integrated REC options |
Start Saving in 3
Simple Steps
PowerSelect’s Streamlined Activation Process
01
Register an Account
Create your account by clicking the ‘Register’ button and completing the online form.
02
Submit you Request
Sign in to PowerSelect and submit a request to start a Live Auction or Invitation to Tender.
03
Complete the Purchase
After the auction or tender, complete the purchase by signing a contract with the winning electricity retailer.
Secure Your Best Possible Energy Rate in Just 5 Days
Day 1
Account Setup
- Register securely using your company UEN and work email.
- We will guide you through uploading your recent electricity bills to establish your consumption pattern.
- You will then specify your desired contract terms and select which retailers you would like to participate in your auction.
Day 2 - 3
Auction Preparation
- Our expert team analyses your energy consumption profile to optimise auction parameters.
- We will review contract specifications to ensure they match your needs, set competitive reserve prices, and verify all participating retailers meet qualification requirements.
Day 4
Live Auction Event
- Watch as retailers compete in real-time during our 15-minute reverse auction.
- Monitor live bids as they come in, ensuring you get the best possible price.
- Once complete, You will receive instant notification of your results.
Day 5
Contract Finalisation
- We will help coordinate your supply commencement date and contract signing, ensuring a smooth transition to your new rates.
- If desired, you can include Renewable Energy Certificates in your contract.
Power Your Business Sustainably
Tap into our integrated Renewable Energy Certificates (RECs) offering and prove every megawatt you buy comes from a verified green source.
See How Other Businesses Cut Their Electricity Costs
See How Businesses Like Yours Save on Energy
We like the fact that we didn’t have to pay any fee or deposit to use PowerSelect. We were also able to set our contract parameters based on our business needs – like the reserve price, duration of contract, and electricity retailers we wish to invite to participate in our Live Auction.
Start Your Live Auction Now
Register with PowerSelect, operated by Energy Market Company, an SGX subsidiary, and use the platform free of charge.
Get in Touch with Us
Office Hours
Monday to Friday - 8:30 a.m. to 6 pm
Saturday & Sunday - Closed