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Momentum Energy Vs AGL - Who Offers the Cheapest Plans?
The main difference between Momentum Energy and AGL is the price of each retailer’s energy plans. While both retailers have competitive market offers available, one brand stands out with its cost-effective rates. Read below to find out more.
Curious about what Momentum Energy and AGL offer? Are you considering switching to one of these retailers but don’t know who offers better value? We’ve got you covered. This article covers AGL and Momentum Energy’s current market offers, solar feed-in tariffs, and more so you can decide if they are right for you.
Momentum Energy vs AGL Plans NSW
In NSW, Momentum Energy’s Nothing Fancy plan is more cost-effective than AGL’s Value Saver plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
Nothing Fancy
|
16% | $1,527 |
AGL Value Saver
|
15% | $1,552 |
*New South Wales electricity rates are based on usage of 3911kWh/year for a residential customer on a single rate tariff in the Ausgrid network, the DMO reference price is: $1,827 / year. Click here for more information.
AGL vs Momentum Energy Plans VIC
In VIC, AGL’s Value Saver plan is more cost-effective than Momentum Energy’s Nothing Fancy plan.
| Plan Name | % Below VDO* | Price/year (Est.) |
|---|---|---|
AGL Value Saver
|
22% | $1,224 |
Nothing Fancy
|
16% | $1,320 |
*Victoria electricity rates are based on usage of 4000kWh/year for a residential customer on a single rate tariff in the Citipower network, the VDO reference price is: $1,571 / year. Click here for more information.
Momentum Energy vs AGL Plans QLD
In QLD, AGL's Value Saver plan is more cost-effective than Momentum Energy’s Nothing Fancy plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
AGL Value Saver
|
10% | $1,771 |
Nothing Fancy
|
9% | $1,792 |
*Queensland electricity rates are based on usage of 4613kWh/year for a residential customer on a single rate tariff in the Energex network, the DMO reference price is: $1,969/ year. Click here for more information.
AGL vs Momentum Energy Plans SA
In SA, AGL’s Value Saver plan is more cost-effective than Momentum Energy’s Nothing Fancy plan.
| Plan Name | % Below DMO* | Price/year (Est.) |
|---|---|---|
AGL Value Saver
|
7% | $2,119 |
Nothing Fancy
|
6% | $2,140 |
*South Australia electricity rates are based on usage of 4011kWh/year for a residential customer on a single rate tariff in the SA Power Networks, the DMO reference price is: $2,279/ year. Click here for more information.
Momentum Energy Vs AGL Solar FiT
Next, we’ll cover the latest solar feed-in tariffs (FiT) offered by Momentum Energy and AGL. If you’re a solar owner, or considering going solar, it’s important to find a high solar feed-in tariff rate to maximize the rate of return on your solar investment. But a high feed-in tariff shouldn’t be the only factor when choosing a plan. Speak with one of our energy experts now to learn more.
| State |  |  |
|---|---|---|
| VIC | 5.40 | 10.00 |
| NSW | 7.00 | 10.00 |
| QLD | 4.50 | 10.00 |
| SA | 3.50 | 10.00 |
Momentum Energy vs AGL Features
Both Momentum Energy and AGL have a lot to offer their customers in terms of features. From unique rewards programs to bundling discounts, energy retailers are offering more and more to their customers. But what do AGL and Momentum Energy offer? Find out more below.
| Feature |  |  |
|---|---|---|
| Monthly Billling | ||
| Bill Smoothing | ||
| Online Account | ||
| Energy App | ||
| Rewards | ||
| Green Power Option | ||
| Carbon Neutral Option | ||
| Internet Bundles |
Momentum Energy vs AGL Payment Options
Wondering what billing options are available for AGL and Momentum Energy? Before you switch retailers, it’s important to double-check if your preferred payment method is accepted by the retailer. Below we’ve listed which payment options both AGL and Momentum Energy accept.
| Payment Option | | |
|---|---|---|
| Credit Card | ||
| Direct Debit | ||
| Phone | ||
| BPAY | ||
| Post Office | ||
| Centrepay | ||
| Cheque |
AGL vs Momentum Energy Renewables
Does Momentum Energy or AGL rank high in renewable energy support? With energy retailers placing an emphasis on going greener, it’s important to distinguish which retailers are actually focusing on improving their efforts.
AGL and Momentum Energy participated in a study that measured their efforts toward sustainability and support for renewable energy. The data shown below was pulled from the 2020 Green Electricity Guide (GEG) by Greenpeace.
AGL and Momentum Energy scored relatively high in their overall support for renewable energy, with AGL scoring an 8 out of 10 and Momentum Energy scoring a perfect 10 out of 10.
However, AGL scored zeroes in every other category.
On the other hand, Momentum Energy scored a perfect 10 out of 10 in nearly every category aside from providing clean, renewable energy.
The overall rating given by the Green Energy Guide has AGL listed at a terrible 1.2 out of 10 and Momentum Energy at a stellar 8.6 out of 10.
| Criteria | | |
|---|---|---|
| Providing clean, renewable energy | 6/10 | 0/10 |
| Ending coal use by 2030 | 10/10 | 0/10 |
| Halting fossil fuel expansion | 10/10 | 0/10 |
| Support for new renewable energy | 10/10 | 8/10 |
| Pollution & environmental harm | 10/10 | 0/10 |
| Transparency in marketing | 10/10 | 0/10 |
Momentum Energy vs AGL Results
| Categories | Winner |
|---|---|
| Electricity Prices | |
| Solar FiT | |
| Features | |
| Payment Options |  |
| Renewables |  |
Should I Switch to AGL or Momentum Energy?
There you have it. After a thorough look at each retailer, it’s clear both AGL and Momentum Energy have enticing offers. In terms of solar feed-in tariffs and features, AGL showcased how competitive they are by offering better value over Momentum Energy. However, in terms of renewables, Momentum Energy blew AGL out of the water with a near-perfect score on the Green Electricity Guide and had better market offers.
But before switching to either one of these retailers we recommend phoning us at Electricity Monster on 1300 232 848 and let our energy experts work to find you the best deal we have available.
If you’re worried about paying too much on energy, need a new connection, or just want your power bill analysed, give us a call at 1300 232 848. At Electricity Monster, we offer various free solutions to help you find a fair deal. Best of all, our comprehensive service is 100% free to use, and our energy experts pride themselves on finding you the best deal we have available. Give us a call today and see how we can help.
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Disclaimer
This publication reviews Momentum Energy and AGL’s plans in VIC, NSW, QLD, SA, ACT, and WA published on their website as of 07/04/2024.
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.
- The plans displayed may be different than advertised.
- The plans offered on this page may not be available in our call center.
- ‘Get Best Offer’ is indicative of the best offer available in our database from our partners
- Data regarding renewable energy was pulled from the publication Green Energy Guide by GreenPeace.Plans from the rate tables have been listed in order of lowest price first. Please check the details of these plans directly with the retailer before making any purchase decisions.
- 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.
- When calculating our rates we include in the price/year estimate the GST (unless otherwise stated), any advertised non-conditional discounts (e.g. guaranteed discount), and any one-off credits.
- What’s not included in the price/year estimate are conditional discounts, 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.
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Benjamin Tom
Benjamin Tom covers the retail energy market, with a focus on electricity, solar, and Internet. His interests include helping people navigate the complexities of the energy market while saving money on their power bills.