It said it had quit because the pricing of its plans, which are lower than regulated tariff, had become unsustainable due to the volatile electricity market.
iSwitch Energy, one of Singapore's largest independent electricity retailers, and SilverCloud Energy, which supplies power to commercial, industrial and residential buildings, have also announced their exit from the Singapore market.Company sources told Reuters earlier this week that Diamond Electric and Best Electricity Supply have stopped accepting new customers, with Diamond Electric in the process of handing over existing term contracts to SP Group.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kendall Jenner Dressed Like the Flashiest Third-Wheel on Kourtney Kardashian and Travis Barker's NYC DateShe literally added color to their * very * dark date style.
Source: Cosmopolitan - 🏆 725. / 51 Read more »
Kendall Jenner Dressed Like the Flashiest Third-Wheel on Kourtney Kardashian and Travis Barker's NYC DateShe literally added color to their very dark date style.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »
Democratic Senate candidates display fundraising might in third quarterDemocratic Senate contenders in some of the most competitive races have announced big fundraising hauls this week — as they prepare for a costly battle to preserve their party's razor-thin majority in next year's midterm elections. Americans are starving and this brag Theae politicians should have to pay there own way not have fundraisers be in office.
Source: CNN - 🏆 4. / 95 Read more »
Goldman Sachs is set to report third-quarter earnings —here’s what the Street expectsGoldman is the last of the six biggest U.S. banks to report earnings
Source: CNBC - 🏆 12. / 72 Read more »
Domino's says U.S. orders declined in third quarter due to impact of staffing shortagesDomino’s Pizza reported its first negative U.S. same-store sales result in 41 quarters on Thursday owing in part to staffing shortages, the pizza delivery company said. Dominoes business on thin ice tbh Cause its bad pizza... Dominos were meant to fall
Source: MarketWatch - 🏆 3. / 97 Read more »
Daligas becomes third UK energy supplier to collapse this weekSmall British energy supplier Daligas ceased to trade on Thursday, the regulator Ofgem said, becoming the third to collapse this week and one of a dozen to fail since September as they struggle to cope with record wholesale energy prices. UK is in deep crisis Things are going well in the UK I see. /s
Source: Reuters - 🏆 2. / 97 Read more »