The liberalisation of Singapore electricity retail market is implemented in 3 phases. The first two phases of retail competition involved the introduction of retail contestability to large industrial and commercial consumers, whose total consumption accounts for about 75% of total electricity sales in Singapore.Retail contestability will eventually be introduced to the remaining domestic and small non-domestic consumers (with average consumption less than 10,000kWh per month) under the third phase of retail liberalisation. The number of consumers in the third phase is about 1 million, but in terms of electricity sales, they represent only about 25% of total sales in Singapore. Phase 3 of the retail market liberalisation is currently under study.
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