1st Energy vs Momentum Energy
1st Energy is cheaper - by about $166/year
1st Energy’s cheapest residential electricity plan, 1st Emerald, Residential - Time of Use with Controlled Load, costs an estimated $1,003/year at 4,000 kWh, 32% below the VDO. Momentum Energy’s cheapest plan, Standing Offer, costs $1,169/year, 39% below the DMO. That is a difference of $166/year - switching from Momentum Energy to 1st Energycould save you about that much, though your actual cost depends on your usage, tariff type and eligibility for any plan’s conditional discounts.
1st Energy - cheapest plans
| Plan | Retailer | Annual cost ▲at 4,000 kWh/yr | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Peak | Off-peak | Shoulder | ||||||||
 | 1st Emerald, Residential - Time of Use with Controlled Load Time of use | 1st Energy | $1,003 | |||||||
| 1st Emerald, Residential - Time of Use Time of use | 1st Energy | $1,003 | |||||||
| 1st Emerald, Residential - Time of Use with Controlled Load Time of use | 1st Energy | $1,016 |
Momentum Energy - cheapest plans
Head-to-head: cheapest plan from each retailer
| Spec | 1st Energy | Momentum Energy |
|---|---|---|
| Plan | 1st Emerald, Residential - Time of Use with Controlled Load | Standing Offer |
| Supply charge | 83.60c/day | 160.37c/day |
| Usage rate | 26.40c/kWh (peak) | 54.72c/kWh (peak) |
| Exit fee | $0.00 | $0.00 |
| Contract term | No lock-in | No lock-in |
| Green energy | - | - |
| Solar feed-in tariff | 0.5c/kWh | - |
How do I switch from 1st Energy to Momentum Energy?
Choose a plan above and click Switch. Bill Hero lodges the transfer with your new retailer - there is no interruption to your electricity supply, and most switches complete within 2 business days. 1st Energy’s cheapest plan has no lock-in contract and an exit fee of $0.00; Momentum Energy’s has no lock-in contract and an exit fee of $0.00. Check your current plan’s exit fee before switching, if any applies.