Momentum Energy Review - Need a New Connection?

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Momentum Energy Review

Are you getting slammed with high electricity bills? Do you want to find a better deal without the hassle of calling numerous energy providers? We understand your frustration and we want to help.

At Electricity Monster, we offer a comprehensive, free service that compares rates with our premium partners to find you a fair deal for a fair price. It’s also important to remember when it comes to your power connection, you can freely choose which energy provider you want to go with. But with so many different options available, you could be missing out on potential savings, discounts and special offers. Give us a call instead and let us work with you to find the right fit for your lifestyle and budget.

If you’re in the market for a new plan, Momentum Energy may be a cost efficient solution for your electricity and gas needs. Wholly owned and operated by their parent company Hydro Tasmania, Momentum Energy retails electricity and gas to numerous regions in Australia. Read below to learn more.

How to get connected to Momentum Energy?

To compare your Momentum Energy Rates with rates from our providers please submit your details above or feel free to call us on 1300 232 848 to have one of our Electricity brokers help you find a better deal today.

Victoria

In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by Momentum Energy in Victoria (VIC). Rates listed are organised from lowest to highest. To learn more, contact the retailer directly.

Electricity

Based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network, the VDO reference price is: $1,336 / year ?

Electricity plans are now compared to a regulated price called the Victorian Default Offer (VDO). This makes it easier to compare energy plans across the market. The VDO comparison and annual estimate is calculated based on an average usage customer.

What's included in the price/year estimate

  • GST (unless otherwise stated)
  • Any advertised non-conditional discounts (e.g. guaranteed discount)
  • Includes any one-off credits

What's not included in the price/year estimate

  • Conditional discounts (e.g. pay on time discount)
  • Green energy charges
  • Any concessions or rebates which may apply to you
  • Solar feed-in tariff credits that your solar system could generate

The VDO comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different to these estimates if your usage differs from the average amounts used in this calculation.

Plan Name % Below VDO* Price/year (Est.)
Momentum Energy VICMomentum Energy VIC

Self Serve
16% $1,122
Momentum Energy VICMomentum Energy VIC

Bill Boss
13% $1,162
Momentum Energy VICMomentum Energy VIC

Everyday Energy
0% $1,336
Momentum Energy VICMomentum Energy VIC

Solar and Friends
0% $1,336

Gas

Based on usage of 28930MJ/year in the Australian Gas Network ?

This gas estimate is calculated using an average gas amount based on ACIL Allen Energy benchmarks report 2017 in your distribution area.

What's included in the price/year estimate

  • GST (unless otherwise stated)
  • Any advertised conditional and non-conditional discounts
  • Includes any one-off credits

What's not included in the price/year estimate

  • Green energy charges
  • Any concessions or rebates which may apply to you

The price/year estimate comparison will differ based on location (distribution area). Your actual energy bill may be significantly different to these estimates if your usage differs from the average amounts used in this calculation.

Plan Name Discount Price/year (Est.)
Momentum Energy VICMomentum Energy VIC

Self Serve
N/A $745
Momentum Energy VICMomentum Energy VIC

Bill Boss
N/A $778
Momentum Energy VICMomentum Energy VIC

Everyday Energy
N/A $942
Momentum Energy VICMomentum Energy VIC

Solar and Friends
N/A $942

New South Wales

In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by Momentum Energy in NSW. Rates listed are organised from lowest to highest. To learn more, contact the retailer directly.

Electricity

Based on usage of 3900kWh/year for a residential customer on a single rate tariff in the Ausgrid network, the DMO reference price is: $1,393 / year ?

Electricity plans are now compared to a government reference price. This makes it easier to compare energy plans across the market. The reference price comparison and annual estimate is calculated based on an average usage customer.

What's included in the discount and the price/year estimate

  • GST (unless otherwise stated)
  • Any advertised non-conditional discounts (e.g. guaranteed discount)
  • Includes any one-off credits

What's not included

  • Conditional discounts (e.g. pay on time discount)
  • Green energy charges
  • Any concessions or rebates which may apply to you
  • Solar feed-in tariff credits that your solar system could generate

The reference price comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different to these estimates if your usage differs from the average amounts used in this calculation.

Plan Name % Below DMO* Price/year (Est.)
Momentum Energy NSWMomentum Energy NSW

Self Serve
18% $1,142
Momentum Energy NSWMomentum Energy NSW

Smile Power Flexi
15% $1,184
Momentum Energy NSWMomentum Energy NSW

Solar Step-Up
0% $1,393

South Australia

In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by Momentum Energy in South Australia (SA). Rates listed are organised from lowest to highest. To learn more, contact the retailer directly.

Electricity

Based on usage of 4000kWh/year for a residential customer on a single rate tariff in the SA Power Networks, the DMO reference price is: $1,716/ year ?

Electricity plans are now compared to a government reference price. This makes it easier to compare energy plans across the market. The reference price comparison and annual estimate is calculated based on an average usage customer.

What's included in the discount and the price/year estimate

  • GST (unless otherwise stated)
  • Any advertised non-conditional discounts (e.g. guaranteed discount)
  • Includes any one-off credits

What's not included

  • Conditional discounts (e.g. pay on time discount)
  • Green energy charges
  • Any concessions or rebates which may apply to you
  • Solar feed-in tariff credits that your solar system could generate

The reference price comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different to these estimates if your usage differs from the average amounts used in this calculation.

Plan Name % Below DMO* Price/year (Est.)
Momentum Energy SAMomentum Energy SA

Self Serve
13% $1,493
Momentum Energy SAMomentum Energy SA

Smile Power Flexi
10% $1,544
Momentum Energy SAMomentum Energy SA

Solar Step-Up
0% $1,716

Queensland

In the table below, we have compiled a list of the most up-to-date electricity and gas plans offered by Momentum Energy in Queensland (QLD). Rates listed are organised from lowest to highest. To learn more, contact the retailer directly.

Electricity

Based on usage of 4600kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,455/ year ?

Electricity plans are now compared to a government reference price. This makes it easier to compare energy plans across the market. The reference price comparison and annual estimate is calculated based on an average usage customer.

What's included in the discount and the price/year estimate

  • GST (unless otherwise stated)
  • Any advertised non-conditional discounts (e.g. guaranteed discount)
  • Includes any one-off credits

What's not included

  • Conditional discounts (e.g. pay on time discount)
  • Green energy charges
  • Any concessions or rebates which may apply to you
  • Solar feed-in tariff credits that your solar system could generate

The reference price comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different to these estimates if your usage differs from the average amounts used in this calculation.

Plan Name % Below DMO* Price/year (Est.)
Momentum Energy QLDMomentum Energy QLD

Self Serve
14% $1,251
Momentum Energy QLDMomentum Energy QLD

Everyday Energy
11% $1,294
Momentum Energy QLDMomentum Energy QLD

Solar and Friends
0% $1,455

Momentum Energy Electricity Plans

Momentum Energy offers a variety of unique electricity plans for residential customers. Instead of subjecting customers to complicated discount rates, Momentum opted for a more simplistic plan structure. Below you’ll find some of their current offers:

  • Self Serve (VIC, SA, NSW, QLD) – A standard plan that, per Momentum Energy, requires customers to pay via direct debit, sign up online, and be open to e-billing and e-communication. 
  • Bill Boss (VIC) – Exclusive to Victoria, this plan caters to customers who have a smart meter installed in their home. Customers may have to agree to monthly billing as part of Momentum's terms and conditions.
  • SmilePower Flexi (NSW, SA) – This plan may not offer discounts but customers can enjoy a contract that isn’t locked in. For credit card payments, customers can enjoy no credit card fees. 
  • Solar Step-Up (NSW, SA) – This plan caters to solar system owners and is similar to the SmilePower Flexi plan. Customers may be eligible for a boosted solar feed-in tariff.

Momentum Energy Gas Plans

Momentum Energy currently retails natural gas in Victoria (VIC). Similar to their energy plans, customers could be eligible for an open contract with zero exit fees. Some of the current gas plans offered by Momentum Energy include:

  • Self Serve
  • Bill Boss
  • Everyday Energy
  • Solar and Friends

At Electricity Monster, we understand how time-consuming it can be to shop for gas and energy. We can help eliminate the stress and work to find you a fair deal. Ready to learn more? Give us a call now.

Let Us Help You Compare Solar

If you’re in the market for a solar system, you’re in luck! With our network of professional solar system installers at the ready, Solar Monster can help you get started! Give us a call now!

Does Momentum Energy Offer a Solar Plan?

As part of their efforts to support renewable energy, Momentum offers a solar energy plan to customers, known as the Solar Step-Up plan. According to Momentum Energy, the eligibility requirements for this solar plan are as follows:

  • You’re in a home or small to medium business,
  • You reside in VIC, NSW, SA or QLD,
  • Your generating capacity is 10kW or less, and
  • Your solar scheme is up-to-date.

Momentum Energy Solar Feed-In Tariffs

Momentum Energy offers competitively-priced solar feed-in tariffs (FiT) for solar customers. In this table, you will find a breakdown of the current solar feed-in tariff rates that Momentum Energy offers in Victoria, New South Wales, South Australia, and Queensland.

Solar Feed-in Tariffs

State Minimum Feed-in Tariff (kWh) Maximum Feed-in Tariff (kWh)
VIC 7.00 10.00
NSW 7.00 10.00
QLD 7.00 10.00
SA 7.00 10.00

How Green is Momentum Energy?

Momentum Energy, alongside other Australian energy retailers, participated in a study held by Alviss Consulting to showcase how progressive their efforts are in regards to renewable energy and green electricity. The report, “Alviss Consulting, 2018 Green Electricity Guide Methodology” assigned scores to each retailer based on 7 different criteria. Here’s how Momentum Energy fared.

In terms of overall performance, Momentum Energy scored a 6.8 out of 10, landing them in the upper-tier of all retailers.

With emissions intensity close to zero and a strong stance against fossil fuel investment, they’ve also shown immense support for a renewable future.

On the other hand, Momentum Energy’s lack of support for local energy trading and community energy projects still remains a focal point for improvement.

FeatureScore
Carbon Emissions8/10
Decarbonization10/10
Carbon Offset5.6/10
Renewable Energy3.8/10
Fossil Fuels9.8/10
Energy Efficiency & Demand Response/Management5/10
Transparency3.8/10

Momentum Energy Service Area

If you’re wondering whether Momentum Energy services your area, we’ve got you covered. The table below showcases each state that Momentum Energy offers electricity and gas plans to.

State Electricity Gas
NSW Yes Yes
VIC Yes Yes
ACT No No
TAS No No
SA Yes Yes
QLD Yes Yes
NT No No
WA No No

Momentum Energy Business Plans

Momentum Energy retails electricity and gas plans for both small to medium businesses as well as larger enterprises. With distinctive plans such as the Self Serve and Bill Boss, business owners can choose exactly what they need.

Business electricity plans and rates may vary based on region. If you are looking for assistance on choosing a business energy plan that is right for you, call our expert energy specialists at 1300 232 848 today.

Need To Get Connected?

To organise a connection, or to compare Momentum Energy rates call us on 1300 232 848 or submit your details to have one of our energy experts help you.

Billing and Payment

Momentum Energy has flexible payment methods for you to choose from. Here are some of the options currently available:

  • Direct Debit
  • Credit Card
  • BPAY
  • Centrepay
  • Online
  • Mail
  • Post
  • In-Person

Online payments can be done through Momentum Energy’s online portal, MyAccount. For more information, please contact the energy retailer directly.

Financial Assistance

Momentum Energy offers financial assistance for eligible residential and business customers who are struggling to pay their gas and energy bills. Some of these options include, but are not limited to:

  • Instalment payment plan
  • Payment for energy use in advance
  • Payment date extension
  • Repayment of arrears over a period of time

Momentum Energy recommends that you call their customer service line to discuss your financial situation.

Momentum Energy Online Resources

MyAccount, Momentum Energy’s online portal, allows customers to manage everything related to their electricity and gas account. Located on their website, customers can perform tasks such as:

  • Pay your bill
  • Track your electricity consumption
  • View your payment history
  • View and Update your email address, phone number, and more
  • Register for Direct Debit
  • Request a payment extension

How to Contact Momentum Energy

For billing and general enquiries, Momentum Energy offers a number of contact options for your convenience.

Momentum’s phone support is available Monday through Friday from 8am to 6pm (AEST)

Their online portal, MyAccount can handle questions regarding any billing or payment.

Momentum Energy also offers a live chat option for customers looking for answers to general questions.

Is Momentum Energy Right For Me?

Momentum Energy could be attractive for customers who want to minimise their carbon footprint and are passionate about renewable energy. Momentum Energy’s efforts towards pushing greater energy sustainability can be a selling point for many, alongside their simple plan structure for electricity, gas and solar.

Before you make your decision however, keep in mind that the Australian energy market is ripe with choices. Your personal and professional needs should remain at the forefront of your decision.

Assess your options and check with different energy providers, as it can be the difference between overpaying for energy prices and finding a suitable plan that fits right into your budget and lifestyle.

We can help facilitate this process for you. Let Electricity Monster sort through our premium partners and find you a fair deal that’s right for you and your family. Our professional team of energy specialists are on standby. Contact us now!

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Disclaimer:

 

This publication reviews Momentum Energy's plans in VIC, NSW, QLD, SA, ACT, and WA published on their website as of 01/12/2021.  

 

Important Points to note are:

 

  • The plans displayed have been taken from the energy fact sheets published on the retailer's website. We do not guarantee that this information is correct or that it applies to every household in Australia. 
  • Comparisons have been made on the peak rates in single rate plans from retailers, plus their daily electricity supply charges.
  • The Citipower network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in Victoria.
  • The Ausgrid network has been used to compare electricity plans, and the Jemena gas network has been used to compare gas plans in NSW.
  • The SA Power Networks network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in Victoria.
  • The Energex network has been used to compare electricity plans, and the Australian Gas network has been used to compare gas plans in QLD.
  • The Evoenergy network has been used to compare electricity plans, and the Jemena gas network has been used to compare gas plans in the ACT.
  • The ACTO network has been used to compare gas plans in WA.
  • The reference price/VDO/GAS comparison will differ based on tariff type and location (distribution area). Your actual energy bill may be significantly different to these estimates if your usage differs from the average amounts used in this calculation. 
  • The information in this blog cannot substitute for legal advice. No financial decisions should be made based on information from this blog.
  • All dollar figures include GST.