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Momentum Energy review: Electricity and gas plans and prices

Our verdict: Ideal for the environmentally conscious, Momentum Energy plans come with a free “renewable promise” – every unit of energy you buy is matched with 1 from a renewable energy source.

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warningMomentum Energy has removed all of its market offers for now. Please treat the information on this page as historical only. You can call Momentum Energy directly to get its regulated standing offer. We will update this page as new information becomes available.

Momentum Energy at a glance: What can it offer?

Electricity
Yes
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Gas
Yes
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Solar
Yes
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Green Energy
Yes
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Where is Momentum Energy available?

Momentum Energy sells power in New South Wales, Victoria, Queensland and South Australia. It also offers natural gas in Victoria. While not available in Tasmania, it is fully owned by Hydro Tasmania, Australia's largest renewable energy generator

What you can expect your Momentum Energy energy bills to look like

State Average Electricity Price Average Gas Price
ACT
Electricity not available
Gas not available
NSW
$1,086
Gas not available
VIC
$1,072
$1,080
NT
Electricity not available
Gas not available
QLD
$1,207
Gas not available
SA
$1,493
Gas not available
TAS
Electricity not available
Gas not available
WA
Electricity not available
Gas not available
See more detail about Momentum Energy's energy plans.

Energy plans and annual cost estimates by state

Energy plan prices are changing frequently right now. We calculated typical prices for providers for a 2-3 person household using data from the Energy Made Easy site. Always double-check plan details that matter to you.
1 - 1 of 1
Name Product Electricity Price (annual) Difference from Reference Price Gas Price (annual) Rate Apply
Momentum Energy
Momentum Energy
$1,086
N/A
Gas not available in NSW
Variable Rates
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Compare up to 4 providers

Energy plan prices are changing frequently right now. We calculated typical prices for providers for a 2-3 person household using data taken from each provider's website. Always double-check plan details that matter to you before signing up.
1 - 1 of 1
Name Product Electricity Price (annual) Difference from Default Offer Gas price (annual) Rate Apply
Momentum Energy
Momentum Energy
$1,072
N/A
$1,080
Variable Rates
loading

Compare up to 4 providers

Energy plan prices are changing frequently right now. We calculated typical prices for providers for a 2-3 person household using data from the Energy Made Easy site. Always double-check plan details that matter to you.
1 - 1 of 1
Name Product Electricity Price (annual) Difference from Reference Price Gas Price (annual) Rate Apply
Momentum Energy
Momentum Energy
$1,493
N/A
Gas not available in SA
Variable Rates
loading

Compare up to 4 providers

Energy plan prices are changing frequently right now. We calculated typical prices for providers for a 2-3 person household using data from the Energy Made Easy site. Always double-check plan details that matter to you.
1 - 1 of 1
Name Product Electricity Price (annual) Difference from Reference price Gas price (annual) Rate Apply
Momentum Energy
Momentum Energy
$1,207
N/A
Gas not available in QLD
Variable Rates
loading

Compare up to 4 providers

Momentum Energy review: Our verdict

Momentum Energy is a mid-priced electricity provider. Plan prices range from 10% to 18% less than the reference price. It also offers the cheapest plans in NSW.

The main thing that sets Momentum Energy apart from its competitors is that it's owned by Hydro Tasmania, so some of the profits from your plan go towards renewable energy.

Beyond that, Momentum has a few other attractive perks on its plans to make them more attractive:

  • All plans come with a "renewable promise", which guarantees that 1 unit of renewable energy will be generated for each unit of power you consume.
  • Self Serve plans can give you a bigger discount on your energy rates if you agree to purely online correspondence and plan management.

What's the catch?

  • Dedicated solar plans will give you higher feed-in tariffs but also much higher usage or supply rates. It might not be the best option even if you have solar panels.
  • Momentum has limited customer support options. You can either call them or send an email. You are restricted to only email if you choose a Self Serve plan.
  • Despite its renewable promise, Momentum has only middle-of-the-road rates for GreenPower compared to other providers.

As with most providers, Momentum Energy has no-lock-in contracts so you can switch to another provider at any time with no penalties.

Where does Momentum Energy operate?

Momentum Energy sells power in New South Wales, Victoria, Queensland and South Australia. It also offers natural gas in Victoria.

While not available in Tasmania, it is fully owned by Hydro Tasmania, Australia's largest renewable energy generator

Can I bundle gas and electricity with Momentum Energy?

As long as you live in Victoria, you can purchase both electricity and gas from Momentum. Apart from having both on a single bill though, you won't get any additional discount for bundling.

solar energy icon

Solar Energy

Does Momentum Energy offer solar plans?

Yes, Momentum Energy offers solar feed-in tariffs to all solar customers.

It also has a set of dedicated Solar and Friends plans that trade higher feed-in tariffs for higher usage and supply rates. This might be a great option for households that almost entirely rely on solar power, but it depends on your usage habits.

How good is the feed-in tariff?

We've broken down Momentum Energy's feed-in tariffs by state. If you're on a Solar and Friends plan, your feed-in tariff will be 10 cents per kilowatt-hour. Otherwise, you'll receive a cent or 2 below average in states other than SA, where the tariff is average.

Your tariffs will be as follows:

NSW: 7c/kWh
VIC: 6.7c/kWh
QLD: 7c/kWh
SA: 6.8c/kWh

green energy icon

Green Energy

How green is Momentum Energy?

Green Electricity Guide Rating: 8.6/10

Ranking in third place out of all providers in Australia, Momentum Energy's ranking was contributed to by it's investment in renewable energy, its generation of predominately renewable energy (majority of it being hydro) and its support of household solar systems.

In addition to offering certified GreenPower for supporting future renewables investment, Momentum Energy also has a "renewable promise" on all of its plans.

For every unit of power you use, Momentum will ensure 1 is generated by a renewable power source.

If you want to double down on this with GreenPower, you could be paying an extra:

  • $61.88 per quarter - 100% GreenPower (4.95c/kWh)

Note: 5,000 kWh was used as an average annual power consumption figure based on data from the 2020 Residential energy consumption benchmarks report for the AER. Power consumption varies by state and household size.

user

Customer service

Momentum Energy customer service

Watch out for: Momentum's performance is below average compared to other providers. You may end up waiting a long time for your call to be answered or may find your call gets dropped.

For a useful perspective on Momentum Energy's customer service, the 2019–2020 market report from the Australian Energy Regulator has data on provider service performance. Here's how Momentum lines up:

Momentum EnergyMarket AverageMajor provider average
Average call wait time209 seconds53 seconds99 seconds
Calls abandoned before being answered13%9%6%
Complaints (% of total customers)4%2%2%

How do I contact Momentum Energy?

If you need some help from Momentum, they have a couple avenues of contact. You can either:

  • Ring up the customer support team from Monday to Friday, between 8am and 6pm (or until 7pm if you're already a customer).
  • Send an email to the Momentum Energy inbox if you're okay with a slower response.

Good to know: Momentum Energy has local customer support based in both Melbourne and Tasmania.

Looking to switch to Momentum Energy?

If you're keen to switch to a plan from Momentum Energy, you can head to the Momentum website and enter your details there.

  • Once your application has been approved by Momentum Energy, it should take no more than 2 business days to complete the switch from your previous provider.

If you want to see how the Momentum rates compare, take a look at our energy comparison tool that lets you check more than a dozen rates in one search.

Important notes: The estimated price we show by default is based on a single rate tariff. On your bill this might be known as a "peak tariff", "peak only" or an "anytime tariff". There are other tariff types available to customers and you may need to contact your provider if you are on these tariffs:

  • Single rate with a controlled load
  • Time of use
  • Time of use with a controlled load

The price estimate should not be used as an official quote, but an indication of what your costs may be on the plan. It varies based on whether you provide us with your bill details. You can learn more here.


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6 Responses

  1. Default Gravatar
    SatishJuly 11, 2017

    What is cheap and best electricity provides in melbourne

    • Default Gravatar
      DanielleJuly 12, 2017

      Hi Satish,

      Thanks for your enquiry. I’m afraid I can’t provide you with a specific answer as we are a comparison website. However, please feel free to compare energy companies on our website. There’s a table on that page to help you get an overview of what each energy provider offers. Be sure to select the state where you are on top of the table to have the right list.

      Once you found the right one for you, select the “Go to site” button to learn more or initiate your application. Be sure to read through the terms and conditions of your chosen provider to ensure you make the right decision.

      I hope this helps.

      Cheers,
      Danielle

  2. Default Gravatar
    DavidMarch 16, 2017

    What is the cheapest way to cease natural gas usage in Victoria.
    Current biller is Momentum energy.

    • Default Gravatar
      ArnoldApril 16, 2017

      Hi David,

      Thanks for your inquiry.

      In order for you to find the cheapest solution, please take the time to compare rates from energy providers in SA. You should then be able to compare rates and find a package that will fit your needs.

      Hope this information helped.

      Cheers,
      Arnold

    • Default Gravatar
      DavidApril 16, 2017

      Hi Arnold,
      Thanks for the reply to my question. Unfortunately as I intend to discontinue using natural gas permanently it was not helpful.
      Regards
      David W

    • Default Gravatar
      ArnoldApril 16, 2017

      Hi David,

      I see. Thanks for your reply. In that case, if you don’t want to use gas anymore, you can try checking for electricity providers instead.

      Hope this information helped.

      Cheers,
      Arnold

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