Momentum Energy vs Red Energy
Red Energy appears cheaper based on average annual bill estimates — est. $1,430/yr, compared to $1,450/yr for Momentum Energy. Actual costs vary by state, usage, and plan.
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.
Which provider is cheaper?
Rates comparison
| Metric | Momentum | Red Energy |
|---|---|---|
| Avg. usage rate | 27.8c/kWh | 27.5c/kWh ✓ |
| Daily supply charge | $1/day | $0.98/day ✓ |
| Est. annual bill | $1,450 | $1,430 ✓ |
| Solar feed-in tariff | 6–8c/kWh ✓ | 6–8c/kWh |
| Customer rating | 3.8/5 | 4.4/5 ✓ |
| States available | NSW, VIC, QLD | NSW, VIC, QLD, SA, ACT |
| Plan types | fixed, variable, solar | fixed, 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.
This analysis is based on EnergyPlans Australia's 2026 energy pricing data across multiple providers and states.
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Momentum Energy
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 reviewRed Energy
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 reviewMomentum Energy — pros & cons
Red Energy — pros & cons
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Compare energy plans & see pricesFrequently 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?
Comparing average usage rates and customer satisfaction ratings in our dataset, Red Energy scores higher on both metrics. The right choice for you depends on your state, usage patterns, and whether you have solar panels.
How do I switch from Momentum to Red Energy (or vice versa)?
Switching electricity 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 will not experience any interruption to your electricity supply. Check for any exit fees on your current plan before switching.
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