FixedPlus Energy Plan
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FixedPlus Energy Plan is an energy solution that allows customers to enjoy fixed rates throughout the contractual period, eliminating minimizing the risk of fluctuating electricity prices. This plan is perfect for customers who do not want exposure to pool price uncertainty or take fuel oil risk.
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If your operations run 24 hours or if you have a fixed peak and off-peak period schedule in your electricity consumption, FixedPlus Energy Plan offers an All Hour Fixed Rate or Time-Tier Fixed Rate.



All Hour FixedPlus

Benefits of All Hour FixedPlus:

  • Fixed energy rates helps you to avoid volatile pool prices
  • Allows you to know what to expect in your electricity bill
  • Improves your financial budgeting and helps in cash flow planning

All Hour FixedPlus is suitable for you if you:

  • Operate 24 hour facilities such as manufacturing or semiconductor plants
  • Have high electricity consumption during peak hours (0700-2300 hrs) and low electricity consumption during off peak hours (2300-0700 hours)
  • Want a high degree of price certainty - not influenced by fuel prices
  • Are prepared to take a longer term view on your energy expenses


How it works:

img_arrow.jpg Electricity bills are calculated based on fixed rate x electricity consumption.



Time-Tier FixedPlus

Benefits of Time-Tier FixedPlus:

  • Enables you to take advantage of off-peak energy rates, which are generally lower than peak hour rates, which translates to savings
  • Improves your financial budgeting and helps in cash flow planning
  • Enables you to make pricing decisions on their products easily as the cost of electricity - which goes into the product cost component, can be easily and accurately estimated

Time-Tier FixedPlus is suitable for you if you:

  • Operate 24 hours facilities such as commercial buildings
  • Have high electricity consumption during off peak hours (2300-0700hrs) or weekends
  • Want a high degree of price certainty


How it works:

img_arrow.jpg After understanding your operational needs, a customized energy solution will be designed to help customers manage operations under peak and off-peak hours. The example below illustrates how Time-Tier FixedPlus works.


Example of Time-Tier FixedPlus Plan
Based on customised electricity tariff structure

Magna Pte Ltd operates 12 hours from 0900hrs to 2100 hrs. Magna's moulding and cooling processes require electricity only during the peak time tiers, which falls under the normal tariff bands. Magna would have to change its operating hours if it wants to enjoy off-peak rates, which would not be operationally feasible.

Based on the normal regulated electricity tariff structure, Magna's total electricity cost would be S$300.


Time Tiers (hrs) Rates* Moulding Process Cooling Process Cost of Electricity
0000 - 0700 216 0 0 -
0700 - 2300 250 40 80 S$300.00
2300 - 2400 216 0 0 S$
Total       S$300.00
* Energy rates for illustration purposes only. Actual rates may differ.

Based on Time-Tier FixedPlus energy solution, which allows the tariff structure to be customized, Magna will take on a slightly higher rate during peak hours. However, as peak hours are shortened, Magna is able to enjoy off-peak hour rates with no change in operations required.

In this case example, the total cost of electricity comes up to only $294.30.


Time Tiers (hrs) Rates Moulding Process Cooling Process Cost of Electricity
0000 - 0700 216 0 0 -
0700 - 1900 255 30 60 S$229.50
1900 - 2400 216 10 20 S$64.80
Total       S$294.30