Momentum Energy vs Red Energy

    Compare Momentum Energy and Red 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

    Red Energy

    4.4/5

    Red Energy is consistently one of the best-rated retailers in Australia for value and customer service. Highly recommended for households in the eastern states looking for a competitive and trustworthy alternative to the major retailers.

    Full Red Energy review

    Rates comparison

    MetricMomentumRed Energy
    Avg. usage rate27.8c/kWh 27.5c/kWh
    Daily supply charge$1/day $0.98/day
    Est. annual bill$1,450 $1,430
    Solar feed-in tariff6–8c/kWh 6–8c/kWh
    Customer rating3.8/5 4.4/5
    States availableNSW, VIC, QLDNSW, VIC, QLD, SA, ACT
    Plan typesfixed, variable, solarfixed, variable, solar

    ✓ 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

    Red Energy — pros & cons

    100% Australian-owned (Snowy Hydro subsidiary)
    Consistently top-rated for customer service
    Competitive pricing across all available states
    No hidden fees on most plans
    Solar feed-in tariff available
    Not available in WA, TAS, or NT
    Smaller retailer with fewer plan types than the big three
    Limited business energy options
    No gas supply in some states

    Still unsure? Compare all providers at once.

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    Frequently asked questions

    • Is Momentum Energy cheaper than Red Energy?

      Based on average rates, Red Energy offers a lower average usage rate (27.5c/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 Red Energy?

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

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

      Both Momentum Energy and Red Energy are available in: NSW, VIC, QLD. Momentum Energy is available in NSW, VIC, QLD, and Red Energy in NSW, VIC, QLD, SA, ACT.

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

      Based on our analysis of pricing, solar feed-in tariffs, and customer satisfaction ratings, Red 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 Red 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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