StarHub, Sunseap Team Up to Enter Open Electricity Market

StarHub, Sunseap Team Up to Enter Open Electricity Market
Powering Singapore households with up to 100% solar energy from April 2018



Singapore, 19 March 2018  Starting next month, residents in Jurong can lead the change and be the first to power all their home gadgets and appliances like televisions, laptops and washing machines with affordable clean energy from StarHub and Singapore-based sustainable energy firm Sunseap. Households will be able to switch out of their existing electricity retailer and go solar without the hassle of owning or installing solar panels.

Having formed a joint operation, StarHub and Sunseap are entering Singapore’s Open Electricity Market, starting with the Energy Market Authority’s soft launch in Jurong and culminating in the full liberalisation of the retail electricity market in the second half of this year. Consumers will be free to choose their desired electricity retailers according to their usage patterns and the prices offered. Switching electricity retailers will be seamless; there will be no disruption and customers can continue to enjoy the same quality and reliability of electricity supply.

As part of this joint operation, StarHub and Sunseap are collaborating on various fronts which include customer service, billing and sales, to ensure a fuss-free experience for households. Both companies are also exploring opportunities in smart energy and Internet of Things solutions to bring continued benefits to customers.

“Working together with Sunseap, we are excited to offer households a compelling way to live a lower carbon footprint lifestyle using the Sun’s energy. Leveraging each other’s expertise, we will bundle essential services from mobile, pay TV, broadband and electricity in attractive packages for customers, who are becoming more environmentally-aware;” said Mr Howie Lau, Chief Marketing Officer, StarHub. “Clean energy has been gaining ground in Singapore and we hope to further energise this green movement with the launch of our StarHub Clean Energy Fund.”

To champion clean energy use, 5% of StarHub’s profits out of this business in the first three years will be channelled into the StarHub Clean Energy Fund. The fund will be used to drive environmental conservation initiatives including clean energy and efficiencies. StarHub is committed to doing business in a sustainable manner to minimise our and our customers’ impact on the environment.
Mr Frank Phuan, Co-Founder and Chief Executive Officer, Sunseap Group, said: “We are pleased to be in a joint operation with StarHub to help residents in Singapore go green. This will make it easy for both existing and potential StarHub customers to switch to solar energy without any break in their regular electricity service. As the leading sustainable energy provider in Singapore, Sunseap is committed to helping consumers do their part to lower global warming emissions, which we believe is one of the most urgent challenges of the 21st century.”
With over three decades of experience in building and developing sustainable energy solutions, Sunseap has grown to become Singapore’s largest and most established sustainable energy provider. Sunseap’s solar energy is harvested from its rooftop solar systems across more than 1,000 buildings in Singapore, including public housing estates as well as commercial and industrial buildings, which convert sunlight into solar energy.

Starting next month, StarHub and Sunseap will offer customers a choice of two clean energy subscription plans named Green Life and Green Save.

The first plan named Green Life is a 100% clean energy plan tailored to meet the needs of environmentally conscious customers. Customers on the Green Life plan will receive electricity fully produced by Sunseap’s solar systems at no additional cost. Electricity will be charged at the usual regulated electricity tariff.

The second plan, Green Save, allows customers to take a step towards becoming more environment-friendly while enjoying some savings. With this plan, customers will receive 5% clean energy and enjoy 20% discount off the regulated tariff. Please refer to the table at the end of this media release for the comparison.

Customers can register their interest to jump on board this green journey at www.starhub.com/energy.

Table

Two-year Green Energy Plans
Green Life
Green Save

Clean Energy Mix

100% Clean Energy

5% Clean Energy

Benefits

Enjoy 100% clean energy at no additional cost

20% discount off regulated electricity tariff




About StarHub
StarHub is Singapore's fully-integrated info-communications company, offering a full range of information, communications and entertainment services for both consumer and corporate markets. StarHub operates a mobile network that provides 4G and 3G services. It also manages an island-wide HFC network that delivers multi-channel pay TV services (including HDTV, Internet TV and on-demand services) as well as ultra-high speed residential broadband services. StarHub operates an extensive fixed business network that provides a wide range of data, voice and wholesale services. Over Singapore’s fibre-based Nationwide Broadband Network, StarHub offers a broad range of home and business broadband plans as well as commercial and residential IPTV services.

Launched in 2000, StarHub has become one of Singapore's most innovative info-communications providers, and the pioneer in 'hubbing' - the ability to deliver unique integrated and converged services to all its customers. StarHub, listed on the main board of the Singapore Exchange since October 2004, is a component stock of the Straits Times Index, the MSCI Singapore Free Index, the SGX Sustainability Leaders Index and the SGX Sustainability Leaders Enhanced Index. Visit www.starhub.com for more information.

About Sunseap Group
Sunseap is the leading solar energy system developer, owner and operator in Singapore. It operates through three key units: Sunseap Leasing, Sunseap International and Sunseap Energy. Sunseap Leasing is the first and largest solar leasing company in Singapore. Sunseap International targets markets in the South East Asian and Pacific regions. These include a 140 MegaWatt-peak (MWp) solar farm in India, a 10 MWp solar farm in Cambodia, operations in Malaysia and active development work in Thailand, Vietnam, the Philippines and other markets. Sunseap Energy provides clean energy solutions utilising off-site arrangements by drawing on solar systems within the Group’s portfolio of distributed generation assets.   





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