Energy Retailer Review

    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.

    3.8/5
    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

    Estimates are based on average Australian household usage of approximately 18 kWh/day. Actual rates vary by state, distributor, and plan. Always compare using your own usage data.

    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.

    Our verdict on 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.