Momentum Energy vs OVO Energy

    Compare Momentum Energy and OVO Energy electricity plans side by side. See rates, solar feed-in tariffs, pros and cons, and find out which retailer offers the better deal for Australian households.

    Momentum Energy

    3.8/5

    Momentum Energy is a competitive option for VIC, NSW, and QLD households, particularly given the backing of Snowy Hydro. Pricing is solid, though not always the absolute cheapest on the market.

    Full Momentum review
    Recommended

    OVO Energy

    4.1/5

    OVO Energy is an excellent option for tech-savvy households with solar panels in NSW, VIC, or QLD. Their feed-in tariff rates are among the best in the market, and their digital tools are genuinely useful.

    Full OVO Energy review

    Rates comparison

    MetricMomentumOVO Energy
    Avg. usage rate27.8c/kWh 27.2c/kWh
    Daily supply charge$1/day $0.95/day
    Est. annual bill$1,450 $1,420
    Solar feed-in tariff6–8c/kWh 8–12c/kWh
    Customer rating3.8/5 4.1/5
    States availableNSW, VIC, QLDNSW, VIC, QLD
    Plan typesfixed, variable, solarfixed, variable, solar, green

    ✓ indicates the better value option for that metric. Estimates based on average household usage of 18 kWh/day. Actual rates vary by state and plan.

    Momentum Energy — pros & cons

    Snowy Hydro-owned — same parent company as Red Energy and Lumo
    Competitive pricing in VIC, NSW, and QLD
    Simple plan offerings
    Solar feed-in tariff available
    Good customer satisfaction ratings
    Available in NSW, VIC, and QLD only
    Limited plan variety compared to larger retailers
    Less market presence than the big three

    OVO Energy — pros & cons

    Competitive solar feed-in tariff rates
    Strong digital tools and app for tracking energy use
    Green energy focus with carbon-neutral options
    Competitive pricing in NSW, VIC, and QLD
    Modern, technology-forward customer experience
    Limited to NSW, VIC, and QLD only
    Relatively new in the Australian market
    Fewer physical service touchpoints than larger retailers
    Limited business energy plans

    Still unsure? Compare all providers at once.

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    Frequently asked questions

    • Is Momentum Energy cheaper than OVO Energy?

      Based on average rates, OVO Energy offers a lower average usage rate (27.2c/kWh vs 27.8c/kWh). However, actual costs depend on your specific plan, usage, and state. Always compare using your own energy bill data.

    • Which provider offers a better solar feed-in tariff: Momentum or OVO Energy?

      OVO Energy generally offers the better solar feed-in tariff rate (8–12c/kWhc/kWh vs 6–8c/kWhc/kWh). Rates vary by state and plan, so confirm directly with the retailer.

    • Are both Momentum and OVO Energy available in my state?

      Both Momentum Energy and OVO Energy are available in: NSW, VIC, QLD. Momentum Energy is available in NSW, VIC, QLD, and OVO Energy in NSW, VIC, QLD.

    • Which is better overall: Momentum Energy or OVO Energy?

      Based on our analysis of pricing, solar feed-in tariffs, and customer satisfaction ratings, OVO Energy edges ahead overall. However, the best provider for you depends on your state, usage patterns, and whether you have solar. Use our free comparison tool to get a personalised comparison.

    • How do I switch from Momentum to OVO Energy (or vice versa)?

      Switching energy retailers in Australia is straightforward. You can switch online, by phone, or through an independent comparison service. The process typically takes 2–5 business days and you won't experience any interruption to your electricity supply. Check for any exit fees on your current plan before switching.

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