Last updated: 1 April 2026

    Momentum Energy vs Simply Energy

    Simply Energy appears cheaper based on average annual bill estimates — est. $1,435/yr, compared to $1,450/yr for Momentum Energy. Actual costs vary by state, usage, and plan.

    Compare Momentum Energy and Simply 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?

    $1,435
    Simply Energy est. annual bill
    ✓ Lower
    $1,450
    Momentum Energy est. annual bill
    Est. annual bill difference: $15 — actual costs vary by state, usage, and plan.

    Rates comparison

    MetricMomentumSimply Energy
    Avg. usage rate27.8c/kWh 27.4c/kWh
    Daily supply charge$1/day $0.97/day
    Est. annual bill$1,450 $1,435
    Solar feed-in tariff6–8c/kWh 6–10c/kWh
    Customer rating3.8/5 3.9/5
    States availableNSW, VIC, QLDNSW, VIC, SA
    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.

    This analysis is based on EnergyPlans Australia's 2026 energy pricing data across multiple providers and states.

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    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

    Simply Energy

    3.9/5

    Simply Energy offers good value in VIC and SA, backed by the resources of ENGIE. Their solar feed-in tariff rates are among the more competitive options in those states.

    Full Simply Energy review

    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

    Simply Energy — pros & cons

    Backed by international energy company ENGIE
    Competitive solar feed-in tariff rates
    Good pricing in VIC and SA
    Transparent plan structures
    Discount offers for new customers
    Available in NSW, VIC, and SA only
    Fewer plan types than larger retailers
    Limited customer service hours
    Some customers report issues with billing accuracy

    Frequently asked questions

    • Is Momentum Energy cheaper than Simply Energy?

      Based on average rates, Simply Energy offers a lower average usage rate (27.4c/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 Simply Energy?

      Simply Energy generally offers the better solar feed-in tariff rate (6–10c/kWhc/kWh vs 6–8c/kWhc/kWh). Rates vary by state and plan, so confirm directly with the retailer.

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

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

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

      Comparing average usage rates and customer satisfaction ratings in our dataset, Simply 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 Simply 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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