The Open Electricity Market (OEM) allows us to enjoy more choices and flexibility when buying electricity from one of the twelve Open Electricity Market Retailers or even buying at wholesales price directly from SP. It is not compulsory for each household to switch to a retailer but it is cheaper by at least 20% to make the switch. To understand all the little details about OEM, you may wish to refer to OEM website or EMA website . So now buying electricity is something like choosing which main Telcom company to sign your contract with, whether its SingTel, M1, Starhub and also which plan to choose..but now one has to decide among 12 OEM Retailers or buying from SP at wholesale electricity price, and also choose 1 out of a few price plans. Do you prefer a fixed rate throughout your contract term or do you want to have a flat discount off prevailing regulated tariff? Well for me, I chose having a fixed rate throughout the 36 month contract so there will not be any surprise m