(Save up to $255) Geneco Referral Code : 98750699

Use referral code 98750699, and get a S$20 bill rebate when you sign up for a Geneco electricity plan online in Singapore. Switching from SP Group? Stack with promo code POWER200 for up to S$255 off. Switching from another retailer? Stack with POWER100 for up to S$155 off. Both valid till 31 August 2026.

What Is Geneco and Why Use It

Geneco is a licensed electricity retailer under Singapore’s Open Electricity Market (OEM), run by Seraya Energy — a subsidiary of YTL PowerSeraya with decades of power-generation heritage here, now serving over 170,000 homes.

Under the OEM, you can buy electricity from a retailer of your choice instead of paying the regulated SP tariff. The important part: your supply does not change. The same SP Group grid carries your power, with the same reliability — only the rate you pay and who bills you change.

So why switch to Geneco?

• Lower rate. The flagship Get It Fixed 24 plan is around 27.50¢/kWh (incl. GST), which Geneco markets as the lowest fixed rate in town — well below the SP regulated tariff of roughly 34.8¢/kWh this quarter. That ~20% gap is unusually wide right now, which makes this a particularly good time to lock in a fixed rate.
• Price certainty. The rate is fixed for 24 months, so market swings don’t hit your bill.
• No hidden costs. No transmission loss charges and no monthly administration fees.

If you’re already paying the SP tariff, switching is the part that saves you money over time. The referral code is the bonus on top.

Geneco Referral Code: 98750699 — What You Get

Enter referral code 98750699 during online sign-up and you receive a S$20 bill rebate.

The S$20 lands as a rebate on your electricity bill — it offsets what you owe rather than arriving as cash.

Which Promo Code Should You Use: POWER200 or POWER100?

This is the big change for August 2026 — Geneco is now running two promo codes for the same Get It Fixed 24 plan, and which one you qualify for depends on who supplies your electricity today:

• Currently with SP Group (you’ve never switched, and pay the regulated tariff)? Use POWER200 for a S$200 bill rebate. It’s limited to the first 2,000 eligible sign-ups and valid till 31 August 2026.
• Currently with another retailer (Tuas Power, Senoko, Keppel, etc.)? Use POWER100 for a S$100 bill rebate instead — POWER200’s T&Cs require you to be an existing SP Group account holder at the point of switching, so this is the best code you qualify for. POWER100 is capped at the first 1,800 eligible sign-ups and also runs till 31 August 2026.

One heads-up: the POWER100 promo page still displays an old “valid till 20 July 2026” date, but the official T&Cs confirm the promotion period runs till 31 August 2026 — the T&Cs are the controlling document.

Both codes are for online sign-ups only, both apply to Get It Fixed 24 only, and both stack with the referral code. One more eligibility catch from the fine print: you can’t have had a Geneco account closed in the 12 months before signing up.

How to Use the Geneco Referral Code (Step-by-Step)

1. Go to geneco.sg and choose a plan. Get It Fixed 24 is the most popular and carries the best current promo.
2. Have your details ready. You’ll need your SP account number, NRIC and premise address. Singpass may be used to verify your identity.
3. Apply the promo code. Enter POWER200 if you’re switching from SP Group (S$200 bill rebate), or POWER100 if you’re switching from another retailer (S$100 bill rebate). Both valid till 31 August 2026, online sign-ups only.
4. Enter the referral code. Type 98750699 into the “Referral Code” field for the extra S$20 rebate.
5. Set up recurring card payment. Pay by an eligible credit or debit card (see below) to unlock an additional rebate.
6. Submit online. The rebates are credited to your bill once your contract commences — not instantly, and not as withdrawable cash.

Stack It: Promo Code + Credit Card Rebates

The referral code alone is S$20, but it’s designed to stack — Geneco’s own promo page even lists “use your friend’s referral code” as step 3 of the deal. Here’s the full picture for Get It Fixed 24 as of August 2026:

If you’re switching from SP Group:

If you’re switching from another retailer:

Other card options: the Tiger BOSS debit card gives up to S$30 and Citi credit cards give S$20 as one-off rebates, while the OCBC 365 credit card gives 3% ongoing cashback on your Geneco bills instead.

My take after looking at the structure: the sharpest play is to use whichever card gives the largest one-time rebate at sign-up (Maybank, currently S$35), then keep paying with a strong cashback card long-term. The sign-up rebates are once-off; the per-kWh saving and any ongoing cashback are what keep paying you across the 24 months.

More Ways to Win: August Extras

Geneco’s Power Savings campaign is running a few extras alongside the rebates this month:

• 1 year of free electricity. Sign up for Get It Fixed 24 and join the lucky draw via the Geneco Mobile App — 5 winners get a year of free electricity worth S$1,650. The draw runs till 31 August 2026.
• Jay Chou concert tickets. Geneco is the main sponsor of the Jay Chou Carnival II World Tour 2027 in Singapore, and is giving away 20 pairs of tickets worth S$492 per pair via its mobile app.
• Weekly S$50 eCapitaVouchers. The top 5 weekly scorers of Geneco’s “Power Up The Households” online game each win a S$50 eCapitaVoucher.

None of these should drive your decision — they’re lucky draws, not guaranteed value — but if you’re signing up anyway, spend the two minutes in the app to enter.

Eligibility & Terms You Should Know

Be clear on the limits before you sign up — it saves disappointment later:

• New online sign-ups only. The referral code works online and cannot be used at a Geneco roadshow.
• POWER200 is for SP Group customers only. If you’re currently with another retailer, you qualify for POWER100 instead. Both are capped — POWER200 at the first 2,000 eligible sign-ups, POWER100 at the first 1,800.
• Plan restrictions. The referral bonus does not apply to the Give Us A Try or Get It 7 To 7 plans. The POWER200/POWER100 codes apply to Get It Fixed 24 only.
• Promo code expiry. POWER200 and POWER100 are valid till 31 August 2026. Geneco refreshes its codes regularly, so if they’ve lapsed, check the official promotions page for the current one — the referral bonus itself is ongoing.
• 12-month cooldown. You’re not eligible if you had a Geneco account terminated or closed in the 12 months before signing up.
• It’s a bill rebate, not cash. Rebates offset future electricity bills; you can’t withdraw them.
• Contract length. Get It Fixed 24 runs for 24 months. As with most fixed OEM plans, early termination charges may apply, so read the plan T&Cs before switching.
• Account holder. You generally need to be the premise account holder, with a Singapore address on the SP grid.

Is the Geneco Referral Bonus Worth It?

Honestly, S$20 on its own is modest. But it’s free, it stacks, and it takes ten seconds to enter — so if you’re switching to Geneco anyway, skipping the code means leaving money on the table for no reason.

The bigger value sits in two places. First, the full sign-up stack — up to ~S$255 if you’re coming from SP Group — is the largest Geneco has offered this year. Second, and more durable, is the rate: paying around 27.50¢/kWh instead of the ~34.8¢ regulated tariff across 24 months adds up far beyond any one-off rebate, especially for larger households running aircon in a condo or landed home. With the SP tariff having jumped this quarter, the per-kWh saving alone can outweigh the entire rebate stack within a few months for a typical household.

So the referral code isn’t the reason to choose Geneco — the rate is. The code just makes a good switch slightly better.

Before You Switch: A Quick Geneco Checklist

A rebate is only worth it if the switch makes sense for your household. Run through this first:

• Check your renewal window. If you’re already with a retailer, you can usually sign your next Geneco contract up to 90 days before your current one ends — so you lock in the rate without paying early-termination penalties on the old plan.
• Know the lock-in. Get It Fixed 24 is a 24-month contract. Leaving early typically triggers an early-termination charge, so pick a tenure you’re comfortable holding.
• No security deposit, no disruption. Most residential sign-ups don’t require a deposit, and your supply never cuts out during the switch — the physical grid stays SP Group’s.
• Set up recurring card payment at sign-up. The credit card rebate only applies if you set up recurring payment, so decide your payment method before you start.
• Consider the Power Eco Add-on. For around S$1 more a month you can offset your usage with Renewable Energy Certificates — and Geneco is currently giving the first 8 months free, so it costs nothing to try.
• Match the plan to your usage. Get It Fixed 24/12 suit most homes. If your household runs heavy at night, the time-of-use Get It 7 To 7 plan (27.28¢/kWh from 7pm–7am) can be cheaper — it currently has its own S$65 rebate promo plus a free AMI meter worth S$43.60, but note the referral code doesn’t apply to it.

Power-Saving Tips to Shrink Your Geneco Bill

The rebate is a one-off; your habits compound every month. In Singapore, air-conditioning is by far the biggest driver of a household bill, so most of the savings live there:

• Set your aircon to 25°C. Every degree lower meaningfully raises consumption. Pair it with a ceiling or standing fan and you’ll feel just as cool at a higher set temperature.
• Clean your aircon filters monthly and service the unit regularly. A clogged filter forces the compressor to work harder for the same cooling.
• Use the aircon timer. Setting it to switch off a couple of hours after you fall asleep avoids cooling an empty room all night.
• Kill standby power. Switch off appliances at the wall socket — set-top boxes, chargers, the bedroom TV. “Vampire” standby load runs silently 24/7.
• Check the energy label before you buy. More ticks on the NEA energy-efficiency label means lower running cost. Fridges and aircon units are where this matters most over their lifespan.
• Run full loads and air-dry. Wash clothes in full loads and skip the tumble dryer — Singapore’s climate dries laundry quickly, and dryers are power-hungry.
• Switch to LED lighting throughout the home if you haven’t already; it draws a fraction of the power of older bulbs.
• Use the Geneco app to spot spikes. Tracking your daily usage in the app helps you catch an unusually high day — often a sign of an aircon left running or a faulty appliance.

None of these are dramatic on their own, but together they can trim a noticeable slice off each bill — which outlasts any sign-up rebate.

FAQ

What is the Geneco referral code? The referral code is 98750699. Enter it in the “Referral Code” field when you sign up for a Geneco plan online.

Does the Geneco referral code still work in 2026? Yes. The referral programme is ongoing, and 98750699 is valid for new online sign-ups in 2026.

What is the difference between POWER200 and POWER100? Both are for the Get It Fixed 24 plan and valid till 31 August 2026. POWER200 gives a S$200 bill rebate but is only for customers currently with SP Group; POWER100 gives S$100 and covers everyone else, such as those switching from another retailer.

How much is the Geneco sign-up bonus with a referral code? You get a S$20 bill rebate from the referral code. Stacked with promo code POWER200 (for SP customers) and an eligible card, the total can reach up to about S$255. With POWER100, it’s up to about S$155.

Can I use POWER200 if I’m with another electricity retailer? No. POWER200’s terms require you to be an existing SP Group customer at the point of signing up. Use POWER100 for the S$100 rebate instead.

Can I use the referral code if I already have a Geneco account? No. The referral bonus is for new sign-ups only. Existing customers renewing their contract aren’t eligible, and Geneco’s promo terms also exclude anyone whose Geneco account was closed in the past 12 months.

How long does the bonus take to credit? The S$20 rebate is credited upon the commencement of your contract and appears on your electricity bill rather than as cash. Promo code rebates are credited within 60 days of your application being approved.

Can I stack the referral code with a promo code? Yes. The referral code is designed to stack with a promo code (POWER200 or POWER100, till 31 August 2026) and a credit card rebate on the same sign-up.

Which credit cards give extra Geneco rebates? Maybank credit cards (up to S$35), the Tiger BOSS debit card (up to S$30) and Citi credit cards (S$20) give one-off sign-up rebates, while the OCBC 365 credit card gives 3% ongoing cashback on Geneco bills.

Is the rebate cash or bill credit? It’s a bill rebate. It reduces your future electricity bills and cannot be withdrawn as cash.

Does the referral code work for all Geneco plans? No. It does not apply to the Give Us A Try or Get It 7 To 7 plans. It works on standard plans like Get It Fixed 24.

Can I use the referral code at a Geneco roadshow? No. The referral code is exclusive to online sign-ups.

What’s the difference between the promo code and the referral code? The promo code (POWER200 or POWER100) is a Geneco campaign offer for a bill rebate and changes every few weeks. The referral code (98750699) is a friend’s mobile number that gives both of you an extra S$20. You can use both together.

Will my electricity supply change if I switch to Geneco? No. Your power still flows through the same SP Group grid with the same reliability. Only your rate and billing change.

Do I need to pay a security deposit to sign up? Most residential sign-ups don’t require a deposit. Geneco confirms this during the online sign-up flow.

Is there an early-termination charge? Yes. Get It Fixed plans are fixed-term contracts, so leaving before the end date usually incurs an early-termination charge. Pick a tenure you’re happy to hold.

Can I switch to Geneco before my current contract ends? Generally yes — you can typically sign your Geneco contract up to 90 days before your existing one expires, locking in the rate without breaking the old plan early.

How do I enter Geneco’s lucky draw for 1 year of free electricity? Sign up for the Get It Fixed 24 plan, then join the lucky draw via the Geneco Mobile App before 31 August 2026. Five winners get a year of free electricity worth S$1,650.

What’s the single biggest way to lower my electricity bill? Air-conditioning. Setting it to 25°C, pairing it with a fan, and cleaning the filters monthly usually delivers the largest, most consistent savings for a Singapore home.