
Use referral code 98750699, and get a S$20 bill rebate when you sign up for a Geneco electricity plan online in Singapore. Stack it with promo code GENECO100 on the Get It Fixed 24 plan for up to S$155 off, or GENECO15 on the Get It Fixed 12 plan for S$35 before card rebates. GENECO100 runs till 30 September 2026, GENECO15 till 31 October 2026.
- What Is Geneco and Why Use It
- Geneco Referral Code: 98750699 β What You Get
- Geneco Promo Code September 2026: GENECO100
- How to Use the Geneco Referral Code (Step-by-Step)
- Stack It: Promo Code + Credit Card Rebates
- Other Perks Running Now
- Eligibility & Terms You Should Know
- Is the Geneco Referral Bonus Worth It?
- Before You Switch: A Quick Geneco Checklist
- Power-Saving Tips to Shrink Your Geneco Bill
- FAQ
What Is Geneco and Why Use It
Geneco is a licensed electricity retailer under Singapore’s Open Electricity Market (OEM), run by Seraya Energy β 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 β 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 29.80Β’/kWh (incl. GST), against the SP regulated tariff of 34.78Β’/kWh this quarter. That’s roughly 14% below tariff, locked in for 24 months.
- Price certainty. The rate is fixed for the full contract, so market swings don’t hit your bill.
- No hidden costs. No transmission loss charges and no monthly administration fees.
- Price Match Guarantee. Find a lower comparable rate within 7 days of signing up and Geneco refunds the difference.
Worth knowing before you get too excited by the “lowest rate in town” line: at 29.80Β’/kWh, Geneco is currently level with Senoko, Tuas Power and Keppel, who are all pricing at the same rate this month. The retailers leapfrog each other constantly. Where Geneco tends to win is on the rebate stack and app experience, not on a meaningful per-kWh edge over its direct rivals.
Geneco Referral Code: 98750699 β 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 β it offsets what you owe rather than arriving as cash. Your friend who referred you gets the same S$20, which is why these codes circulate so freely.
Geneco Promo Code September 2026: GENECO100
Geneco’s current campaign is called Switch To One, and the promo code to use with the Get It Fixed 24 plan is GENECO100 for a S$100 bill rebate.
- Valid 1β30 September 2026
- Online sign-ups only
- Applies to Get It Fixed 24
- Capped at the first 300 sign-ups
Two things to check before you sign:
Shorter or time-of-use plans have their own codes. If you don’t want a 24-month lock-in, Get It Fixed 12 uses promo code GENECO15 for a S$15 bill rebate, valid till 31 October 2026 β and the S$20 referral code still stacks on it, so a 12-month sign-up is worth S$35 before card rebates. Get It 7 To 7 carries a S$65 rebate, but the referral code does not apply to it, nor to Give Us A Try.
A word on both caps, because this is the detail most sites miss: GENECO15 is limited to the first 250 sign-ups and GENECO100 to the first 300. Geneco has cut these hard β the equivalent codes in its previous campaign allowed 1,800 to 2,000. Neither code is likely to survive to its printed end date, so treat the dates as a ceiling rather than a plan. If a code is rejected at checkout, that’s why.
How to Use the Geneco Referral Code (Step-by-Step)
- Go to geneco.sg and choose a plan. Get It Fixed 24 is the most popular and carries the best current promo.
- Have your details ready. You’ll need your SP account number, NRIC and premise address. Singpass may be used to verify your identity.
- Apply the promo code. Enter GENECO100 for the S$100 bill rebate (or the SP-exclusive code if you qualify and one is running).
- Enter the referral code. Type 98750699 into the “Referral Code” field for the extra S$20 rebate.
- Set up recurring card payment. Pay by an eligible credit or debit card (see below) to unlock an additional rebate.
- Submit online. The rebates are credited to your bill once your contract commences β 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 β Geneco’s own promo page 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 September 2026:
| Component | What you get |
|---|---|
| Promo code GENECO100 (till 30 Sep 2026, first 300 sign-ups) | S$100 bill rebate |
| Referral code 98750699 | + S$20 bill rebate |
| Maybank credit card (recurring payment) | + up to S$35 |
| Total | up to ~S$155 |
If you’d rather not commit for two years, here’s the Get It Fixed 12 equivalent:
| Component | What you get |
|---|---|
| Promo code GENECO15 (till 31 Oct 2026, first 250 sign-ups) | S$15 bill rebate |
| Referral code 98750699 | + S$20 bill rebate |
| Eligible credit card (recurring payment) | + card-dependent |
| Total | S$35 before card rebates |
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. Card rebate amounts are usually smaller on the 12-month plan than the 24-month one, so check the figure shown at checkout.
My take after tracking these codes for several months: 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. Also note the card promos are usually capped at the first 200 cardmembers per sign-up period, so they can run out mid-month.
Other Perks Running Now
Alongside the rebates, Geneco has a few extras live at the moment:
- Win 1 year of free electricity. Sign up for Get It Fixed 24 and enter the lucky draw via the Geneco Mobile App. The prize is a year of free electricity worth S$1,650.
- Jay Chou concert tickets. Geneco is the main sponsor of the Jay Chou Carnival II World Tour 2027 in Singapore and is giving away pairs of tickets worth S$492 each via its mobile app.
- Power Eco Add-on free for 8 months. The green add-on normally costs from about S$1/month; the first 8 months are currently free for new and existing customers.
None of these should drive your decision β the draws are lotteries, not guaranteed value β but if you’re signing up anyway, spend two minutes in the app to enter.
Eligibility & Terms You Should Know
Be clear on the limits before you sign up β it saves disappointment later:
- New online sign-ups only. The referral code works online and cannot be used at a Geneco roadshow.
- Plan restrictions. The referral bonus does not apply to Give Us A Try or Get It 7 To 7. GENECO100 applies to Get It Fixed 24 only; Get It Fixed 12 uses GENECO15 instead. You can apply one promo code and one referral code per sign-up.
- Promo code expiry. GENECO100 is valid till 30 September 2026; GENECO15 till 31 October 2026. Geneco refreshes its codes roughly monthly, so if one has lapsed, check the official Latest Offers page for the current replacement β the referral bonus itself is ongoing.
- Sign-up caps are small. GENECO100 is limited to the first 300 eligible sign-ups and GENECO15 to the first 250. Card rebates are typically capped at the first 200 cardmembers per period. Codes routinely close before their stated end date.
- 12-month cooldown. You’re not eligible if you had a Geneco account terminated or closed in the 12 months before signing up.
- Rebate crediting. Applications are approved within two to four weeks, and the promo rebate is credited within 60 days of approval.
- It’s a bill rebate, not cash. Rebates offset future electricity bills; you can’t withdraw them, and unused balances are forfeited if you leave.
- 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 β 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 the rate. Paying 29.80Β’/kWh instead of the 34.78Β’ regulated tariff across 24 months adds up far beyond any one-off rebate, especially for larger households running aircon. A home using 400 kWh a month saves roughly S$20 a month on the rate alone β meaning the per-kWh saving quietly outpaces the entire S$155 rebate stack within about eight months.
So the referral code isn’t the reason to choose Geneco β the rate against the SP tariff is. And since Senoko, Tuas and Keppel are matching that rate right now, the rebate stack is genuinely the tiebreaker between them. That’s the one scenario where a S$20 code actually decides something.
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 β 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 β 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.
- Compare against the other three. Senoko, Tuas Power and Keppel are all at 29.80Β’/kWh this month. Check their rebate stacks too before assuming Geneco wins.
- 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 can be cheaper and has its own S$65 rebate β but 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 25Β°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 β 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 β 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 β 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 β 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.
What is the Geneco promo code for September 2026? GENECO100 gives a S$100 bill rebate on the Get It Fixed 24 plan, valid till 30 September 2026 for online sign-ups.
Why was my Geneco promo code rejected? The most likely reason is that the cap was reached. GENECO100 is limited to the first 300 sign-ups and GENECO15 to the first 250, so both can close well before their stated end dates. Check the Latest Offers page for the current replacement code.
What is the promo code for the Get It Fixed 12 plan? Use GENECO15 for a S$15 bill rebate on the 12-month plan, valid till 31 October 2026. The S$20 referral code stacks with it, bringing you to S$35 before any card rebate. It’s capped at the first 250 sign-ups.
Should I take Get It Fixed 12 or Get It Fixed 24? The 24-month plan has the lower rate and a much bigger rebate stack (S$155 vs S$35). Take the 12-month plan only if you might move, sell up, or expect tariffs to fall β you’re paying for flexibility.
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 GENECO100 and a Maybank card, the total reaches about S$155.
Is there a bigger promo code for SP Group customers? Often, yes. Geneco regularly runs higher-value codes reserved for customers switching directly off the SP regulated tariff. These change every few weeks, so check Geneco’s Latest Offers page before you sign up.
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 typically 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, and approval itself takes two to four weeks.
Can I stack the referral code with a promo code? Yes. The referral code is designed to stack with a promo code and a credit card rebate on the same sign-up. You can use one promo code and one referral code.
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. Card promos are usually capped at the first 200 cardmembers per period.
Is the rebate cash or bill credit? It’s a bill rebate. It reduces your future electricity bills and cannot be withdrawn as cash. Unused balances are forfeited if you leave Geneco.
Does the referral code work for all Geneco plans? No. It does not apply to Give Us A Try or Get It 7 To 7. It works on Get It Fixed 12 and 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 (GENECO100) is a Geneco campaign offer that changes roughly monthly. The referral code (98750699) is an existing customer’s mobile number that gives both of you an extra S$20. You use both, in different fields.
Is Geneco actually the cheapest right now? At 29.80Β’/kWh it’s level with Senoko, Tuas Power and Keppel this month, and below SP’s 34.78Β’ tariff. Rates move constantly, so compare on the day you sign rather than relying on any article’s figure.
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 β 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. 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 25Β°C, pairing it with a fan, and cleaning the filters monthly usually delivers the largest, most consistent savings for a Singapore home..
