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

Use Geneco referral code 98750699 for a S$20 bill rebate. Stack with GENECO200, GENECO100 or GENECO15 and a Maybank card for up to S$255 off.

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. It now serves over 180,000 homes and has been Singapore’s No. 1 residential electricity retailer for four consecutive years, per SP Services’ April 2026 announcement.

Under the OEM, you buy electricity from a retailer of your choice instead of paying SP’s regulated tariff. 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. Get It Fixed 24 is 29.00¢/kWh (incl. GST), against SP’s regulated tariff of 31.16¢/kWh for Oct–Dec 2026. That’s about 7% below tariff, locked in for 24 months. Geneco shows this as a limited-time rate, with a usual price of 30.90¢.
• Price certainty. SP’s tariff dropped 10.4% this quarter, but SP has also warned that fuel prices have risen since September and tariffs could go up next quarter. A fixed rate shields you from that.
• No hidden costs. No transmission loss charges and no monthly administration fees.
• Samsung perk. Get It Fixed 24 sign-ups get a unique code for 30% off over 50 Samsung home appliances and TVs after the contract starts. Valid till 31 May 2027.

Don’t sign up for the Price Match Guarantee alone. Refunds are capped at S$5 per contract, for households using up to 400 kWh a month. You must claim within 7 working days of signing up, and the terms cover non-promotional rates only.

Worth knowing before you get excited by the “lowest rate in town” line: PacificLight’s Savvy Saver 24 is also at 29.00¢/kWh. Keppel FIXED24, Tuas PowerFIX 24 and Sembcorp’s 24-month plan are at 30.90¢. Retailers leapfrog each other constantly, so check on the day you sign.

Geneco Referral Code: 98750699 — What You Get

Enter referral code 98750699 during online sign-up and you get a S$20 bill rebate. The friend who referred you gets S$20 too.

The S$20 is credited to your electricity bill after your contract starts. It offsets what you owe rather than arriving as cash. It works on Get It Fixed 24 and Get It Fixed 12, but not on Give Us A Try or Get It 7 To 7.

If the code is rejected at checkout, PM me via the chat icon at the bottom right and I’ll send you a working one.

Geneco Promo Codes (November–December 2026)

Geneco’s current campaign is Switch To One. Use one promo code alongside the referral code:

Dates and caps are from Geneco’s T&Cs for the promotion starting 2 Nov 2026. Caps are small this round, so a code can run out before its end date. If one is rejected, check Geneco’s Latest Offers page for the replacement. The referral bonus itself is ongoing.

Promo and referral codes do not apply to Get It 7 To 7 or Give Us A Try.

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

1. Go to geneco.sg → Price Plans and choose Get It Fixed 24 (or Get It Fixed 12).
2. Have your SP account number, NRIC and premise address ready. Singpass may be used to verify your identity.
3. Enter the promo code: GENECO200 if you’re on SP’s regulated tariff, GENECO100 if you’re with another retailer, or GENECO15 for Get It Fixed 12.
4. Enter 98750699 in the “Referral Code” field for the extra S$20.
5. Optional: add the Power Eco Add-on if you want the extra S$15 Maybank rebate or the Citi rebate.
6. Submit online.
7. After approval, set up recurring payment with an eligible card (see below). Rebates are credited to your bill, not as withdrawable cash.

Stack It: Promo Code + Referral + Card Rebate

The referral code is designed to stack: Geneco’s own promo pages list “use your friend’s referral code” as step 3 and card recurring payment as step 4. Here’s the full picture for Get It Fixed 24:

And for Get It Fixed 12:

The promo T&Cs carry a general line about not combining with other offers, so screenshot your sign-up and check that each rebate lands.

Card rebates (new sign-ups, 1 Nov to 31 Dec 2026):

You set up one recurring card per account, so pick one. My take: Tiger BOSS is the best net deal if you have the card, because S$30 needs no add-on.

Maybank with Power Eco has the biggest headline at S$35, but Power Eco isn’t free. The basic 25% level is 0.25¢/kWh before GST. For a 391 kWh household, that’s about S$1.07 a month, or about S$26 over 24 months, which is more than the extra S$15 it unlocks. Take it if you want the green add-on, not for the rebate.

Maybank fine print: sign-ups must be approved by 30 Nov (or 31 Dec for December sign-ups). Your first recurring payment must go through by 31 Dec (or 31 Jan 2027). The rebate is credited by 31 Jan (or 28 Feb 2027). Remove the recurring card or cancel the plan early and it can be clawed back.

Ended: Geneco’s 1-year free electricity lucky draw closed on 31 Aug 2026, and the Jay Chou concert ticket giveaway closed on 31 Jul 2026.

Eligibility & Terms You Should Know

• New online sign-ups only. The referral code works online and can’t be used at a Geneco roadshow.
• Plan restrictions. Referral bonus doesn’t apply to Give Us A Try or Get It 7 To 7. GENECO200 and GENECO100 are for Get It Fixed 24; GENECO15 is for Get It Fixed 12. One promo code and one referral code per sign-up.
• SP-exclusive code. GENECO200 is only for existing SP Group customers. If you’re with another retailer, use GENECO100.
• Codes change regularly. Geneco refreshes promo codes every month or two. If one has lapsed, check the Latest Offers page. The referral bonus 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.
• Rebate crediting. Applications are approved within two to four weeks, and promo rebates are credited within 60 days of approval. The S$20 referral rebate is credited after your contract starts.
• It’s a bill rebate, not cash. Rebates offset future bills; you can’t withdraw them, and unused balances are forfeited if you leave.
• Contract length. Get It Fixed 24 runs 24 months. Early termination charges may apply, so read the plan T&Cs before switching.
• Account holder. You need to be the registered account holder, with a Singapore address on the SP grid.

Is the Geneco Referral Bonus Worth It?

S$20 on its own is modest. But it’s free, it stacks, and it takes ten seconds to enter. Skipping it is leaving money on the table.

With SP’s tariff at 31.16¢, Get It Fixed 24 at 29.00¢ saves 2.16¢/kWh. For an average four-room HDB flat using about 391 kWh a month, that’s roughly S$8.45 a month, or about S$200 over 24 months. So the rebate stack (S$155–255) is worth about as much as the rate saving itself.

The bigger case for fixing is insurance. SP reprices every quarter and has flagged a possible increase next quarter. If the tariff goes back to last quarter’s 34.78¢, your saving at 29.00¢ jumps to nearly 6¢/kWh.

One honest caveat: Get It Fixed 12 is now 30.50¢/kWh, just 0.66¢ below SP’s current tariff. That’s about S$31 over 12 months for the same household, so the S$45–60 in rebates is most of the value. Unless you expect to move within two years, Get It Fixed 24 is the better deal.

Before You Switch: A Quick Geneco Checklist

• Check your renewal window. If you’re already with a retailer, you can usually sign your next contract up to 90 days before your current one ends, avoiding early-termination charges on the old plan.
• Know the lock-in. Get It Fixed 24 is a 24-month contract. Pick a tenure you’re comfortable holding.
• No security deposit, no disruption. Most residential sign-ups don’t need a deposit, and your supply never cuts out during the switch.
• Decide your recurring card early. The card rebate only applies with recurring payment, and monthly caps are limited.
• Compare before you sign. PacificLight’s Savvy Saver 24 is also 29.00¢/kWh, with up to S$220 in rebates on EMA’s comparison site. Keppel FIXED24 is 30.90¢ with up to S$145. Senoko’s LifeSteady24 is 1.64¢ off SP’s tariff, so it moves every quarter.
• Match the plan to your usage. If your household runs heavy at night, Get It 7 To 7 charges 27.90¢/kWh from 7pm to 7am and 32.50¢ from 7am to 7pm, but promo and referral codes don’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:

• Set your aircon to 25°C. Pair it with a 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 makes the compressor work harder.
• Use the aircon timer. Switch it off a couple of hours after you fall asleep.
• Kill standby power. Switch off set-top boxes, chargers and TVs at the wall.
• Check the energy label before you buy. More ticks on the NEA label means lower running cost, especially for fridges and aircon.
• Run full loads and air-dry. Skip the tumble dryer; Singapore’s climate dries laundry quickly.
• Switch to LED lighting if you haven’t already.
• Use the Geneco app to spot spikes. An unusually high day often means an aircon left running or a faulty appliance.

FAQ

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

Does the Geneco referral code still work in November 2026? Yes. The referral programme is ongoing, and 98750699 is valid for new online sign-ups on Get It Fixed 24 and Get It Fixed 12.

What is the Geneco promo code for November 2026? GENECO200 (S$200, for existing SP Group customers) or GENECO100 (S$100, all other new customers) on Get It Fixed 24. Both run till 12 Nov 2026, capped at the first 660 and 70 sign-ups respectively. GENECO15 (S$15) for Get It Fixed 12 runs till 31 Dec 2026, capped at the first 150 sign-ups.

What’s the difference between GENECO200 and GENECO100? GENECO200 is exclusive to existing SP Group customers. If you’re already with another retailer, use GENECO100.

How much is the maximum Geneco sign-up rebate? Up to S$255 on Get It Fixed 24: S$200 (GENECO200) + S$20 (referral) + S$35 (Maybank card with Power Eco). Switching from another retailer, it’s S$155.

Should I take Get It Fixed 12 or Get It Fixed 24? Get It Fixed 24. It’s 29.00¢/kWh vs 30.50¢ for the 12-month plan, and the rebate stack is much bigger.

How much will I save vs SP’s tariff? At 29.00¢ vs SP’s 31.16¢, a four-room HDB household using about 391 kWh a month saves roughly S$8.45 a month, or about S$200 over 24 months, before rebates. That changes every quarter as SP reprices.

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

How long does the bonus take to credit? The S$20 referral rebate is credited after your contract starts. Promo code rebates are credited within 60 days of approval, and approval takes two to four weeks.

Can I stack the referral code with a promo code? Yes. Geneco’s promo pages list one promo code, one referral code and a card rebate as steps on the same sign-up.

Which cards give extra Geneco rebates? Maybank credit cards (S$20 on Get It Fixed 24, S$35 with Power Eco), Tiger BOSS debit card (S$30) and Citi credit cards (S$20, Power Eco required). All run till 31 Dec 2026, with monthly caps of 200, 100 and 10 redemptions.

Is the rebate cash or bill credit? Bill rebate. It reduces future bills, can’t be withdrawn, and is forfeited if you leave Geneco.

Does the referral code work for all Geneco plans? No. Not for Give Us A Try or Get It 7 To 7.

Can I use the referral code at a Geneco roadshow? No. Online sign-ups only.

Does Geneco’s Price Match Guarantee apply to me? Don’t count on it. The terms cover Get It Fixed 24 at non-promotional rates, exclude renewal plans, and cap refunds at S$5 per contract.

Is Geneco actually the cheapest right now? At 29.00¢/kWh it’s level with PacificLight’s Savvy Saver 24 for 24-month standard plans, and below Keppel, Tuas and Sembcorp at 30.90¢. Rates move constantly, so compare on the day you sign.

Is the 1-year free electricity lucky draw still on? No. It ended on 31 Aug 2026. The Jay Chou concert ticket giveaway also ended on 31 Jul 2026.

Will my electricity supply change if I switch? No. Same SP Group grid, same reliability. Only your rate and billing change.

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

Is there an early-termination charge? Yes. Get It Fixed plans are fixed-term, so leaving early usually incurs a charge.

Can I switch before my current contract ends? Generally yes. You can typically sign up to 90 days before your existing contract expires.

What’s the biggest way to lower my bill? Air-conditioning. Set it to 25°C, pair it with a fan, and clean the filters monthly.