Energy Retailer Profile

    Momentum Energy Electricity Plans

    Momentum Energy is a Melbourne-based electricity retailer, also owned by Snowy Hydro. Momentum focuses on competitive electricity plans for residential and small business customers, primarily in Victoria, NSW, and Queensland.

    27.8c
    per kWh
    Avg. usage rate
    $1
    per day
    Daily supply charge
    $1,450
    avg. household
    Est. annual bill
    6–8c/kWh
    c/kWh
    Solar feed-in
    2011
    year established
    Founded
    Melbourne, VIC
    head office
    Headquarters

    Estimated annual bills are based on the AER Default Market Offer reference price (or ESC Victorian Default Offer for VIC) and assume typical household usage. Actual bills vary by plan, usage, and location.

    Key features

    • Solar feed-in tariff: 6–8c/kWh
    • 3 plan types available
    • Available in 3 states
    • Available through our comparison tool
    Best for: Solar households

    Momentum electricity plan types

    Momentum Energy offers the following types of electricity plans in available states:

    Fixed rateVariable rateSolar rate

    Momentum solar feed-in tariff

    Momentum Energy offers a solar feed-in tariff of approximately 6–8c/kWh for eligible customers with rooftop solar systems. This rate applies when your system exports excess electricity back to the grid. Feed-in tariff rates vary by state and plan, so always confirm the current rate directly with the retailer or through an independent comparison service.

    Solar plans are available in: NSW, VIC, QLD.

    Momentum pros and cons

    Pros

    • 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

    Cons

    • Available in NSW, VIC, and QLD only
    • Limited plan variety compared to larger retailers
    • Less market presence than the big three

    Where is Momentum available?

    Momentum Energy is available to residential electricity customers in New South Wales, Victoria, Queensland. Coverage may vary by local distribution network within each state.

    Compare Momentum against other retailers

    Use our free, independent comparison tool to see how Momentum Energy stacks up against other energy retailers in your state.

    Compare electricity plans

    Momentum plans by suburb

    Momentum Energy is available in the following suburbs. Compare plans in your area:

    Compare Momentum vs. competitors

    See how Momentum Energy compares head-to-head against other Australian energy retailers:

    Frequently asked questions about Momentum

    • Who owns Momentum Energy?

      Momentum Energy is wholly owned by Snowy Hydro, making it a sibling brand to Red Energy and Lumo Energy.

    • Does Momentum Energy offer competitive rates?

      Yes. Momentum Energy typically offers rates competitive with or below the average reference price in VIC and NSW. Always compare using your actual usage to get the most accurate estimate.

    • What states is Momentum Energy available in?

      Momentum Energy is available in NSW, VIC, and QLD.

    • Does Momentum Energy have solar plans?

      Yes. Momentum offers solar feed-in tariff plans with rates of approximately 6–8c/kWh in eligible states.

    • How do I compare Momentum Energy plans?

      Enter your postcode and average daily usage into an independent comparison tool to see how Momentum Energy's current offers compare to other retailers in your area.

    How we calculate these estimates

    Rate and bill estimates shown here are benchmark figures based on AER and ESC reference data, not retail quotes.

    Estimated costs can vary by usage, tariff type, retailer, distributor, and address. Both supply charges (the daily fixed cost of being connected) and usage rates (c/kWh) affect your total bill. Solar feed-in tariffs vary by retailer and plan. Always review plan details, fees, and conditions before switching.

    Data sources

    • AER Default Market Offer (DMO) reference pricing
    • ESC Victorian Default Offer (VDO) benchmarks
    • Distributor zone boundary data
    • Published retailer plan information

    These are indicative estimates only. Your actual bill depends on your specific plan, usage patterns, and applicable discounts. Read our full methodology.

    How we make money

    EnergyPlans.com.au may receive a commission if you switch through our comparison partner. This does not change the price you pay, but it may influence which plans are available through our service. We do not compare every plan in the market.

    Our editorial content, methodology, and benchmark data are independent of any commercial relationship. Always review plan details, including any fees or conditions, before switching. How we make money.

    Updated June 2026

    Data shown for Momentum Energy.