DBS unveils electricity marketplace for Jurong residents to select energy retailers

With the liberalisation of the retail electricity market, DBS on Tuesday announced the launch of DBS Electricity Marketplace that allows households to switch seamlessly to other energy retailers.

DBS will be working with electricity retailers – iSwitch and Keppel Electric – in a pilot that starts in April involving around 108,000 households in Jurong.

Through the marketplace, residents can search for price plans best suited to their electricity consumption through the bank’s digibank app.

Published in Business Times, 20th March, 2018