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.

    22.7c
    per kWh, single-rate
    Lowest usage rate
    $1.06
    per day, from
    Daily supply charge
    $1,302
    from, at benchmark usage
    Est. annual cost
    Varies
    by state & plan
    Solar feed-in
    2011
    year established
    Founded
    Melbourne, VIC
    head office
    Headquarters

    Rates current as at 5 September 2026; reference prices effective 1 July 2026 (AER DMO 2026-27 & ESC VDO 2026-27). Figures reflect Momentum's cheapest qualifying single-rate market plan per network zone at the regulator's benchmark usage. Actual bills vary by plan, usage, and location.

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    Momentum rates by network zone

    The estimated annual cost of Momentum Energy's cheapest qualifying single-rate market plan in each distributor zone, compared with the government reference price (AER Default Market Offer, or Victorian Default Offer in VIC).

    Network zoneCheapest Momentum planEst. annual costReference pricevs reference
    Essential Energy (NSW)Home Comfort Electricity$2,293/yr$2,604/yr12% below
    Endeavour Energy (NSW)Home Comfort Electricity$2,042/yr$2,328/yr12% below
    Ausgrid (NSW)Home Comfort Electricity$1,667/yr$1,899/yr12% below
    Energex (QLD)Home Comfort Electricity$1,747/yr$1,988/yr12% below
    SA Power Networks (SA)Home Comfort Electricity$2,049/yr$2,334/yr12% below
    AusNet (VIC)Home Comfort Electricity$1,533/yr$1,748/yr12% below
    Powercor (VIC)Home Comfort Electricity$1,409/yr$1,633/yr14% below
    Jemena (VIC)Home Comfort Electricity$1,349/yr$1,563/yr14% below
    United Energy (VIC)Home Comfort Electricity$1,327/yr$1,529/yr13% below
    CitiPower (VIC)Home Comfort Electricity$1,302/yr$1,481/yr12% below

    Rates current as at 5 September 2026; reference prices effective 1 July 2026 (AER DMO 2026-27 & ESC VDO 2026-27). Annual costs are calculated at each zone's regulated benchmark usage on a single-rate tariff.

    Key features

    • Solar feed-in tariff: Varies by state & plan
    • 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 solar feed-in tariffs that vary by state, distributor zone, and plan. In NSW, rates are set by retailers (there is no regulated minimum). In Victoria, the ESC deregulated the minimum feed-in tariff from 1 July 2025, so retailer rates can be as low as 0c/kWh. Feed-in tariff rates change without notice, so always confirm the current rate directly with Momentum Energy before switching.

    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.

    See how Momentum compares against other retailers for your postcode.

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    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 Energy offers solar feed-in tariff plans in NSW, VIC, QLD. Feed-in tariff rates vary by state, distributor zone, and plan, and they change regularly — Victoria deregulated its minimum feed-in tariff from 1 July 2025, so rates can be as low as 0c/kWh. Always confirm the current rate directly with Momentum Energy before switching.

    • 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.