Amber Electric vs Momentum Energy
Amber Electric is cheaper - by about $384/year
Amber Electric’s cheapest residential electricity plan, Battery + Solar: Variable Wholesale Prices (estimate), costs an estimated $785/year at 4,000 kWh, 58% below the DMO. Momentum Energy’s cheapest plan, Standing Offer, costs $1,169/year, 39% below the DMO. That is a difference of $384/year - switching from Momentum Energy to Amber Electriccould save you about that much, though your actual cost depends on your usage, tariff type and eligibility for any plan’s conditional discounts.
Amber Electric - cheapest plans
| Plan | Retailer | Annual cost ▲at 4,000 kWh/yr | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Peak | Off-peak | Shoulder | ||||||||
 | Battery + Solar: Variable Wholesale Prices (estimate) Flat rate | Amber Electric | $785 | |||||||
| Battery + Solar: Variable Wholesale Prices (estimate) Flat rate | Amber Electric | $1,035 | |||||||
| No Feed-In: Variable Prices (estimate only) Flat rate | Amber Electric | $1,082 |
Momentum Energy - cheapest plans
Head-to-head: cheapest plan from each retailer
| Spec | Amber Electric | Momentum Energy |
|---|---|---|
| Plan | Battery + Solar: Variable Wholesale Prices (estimate) | Standing Offer |
| Supply charge | 111.66c/day | 160.37c/day |
| Usage rate | 9.44c/kWh | 54.72c/kWh (peak) |
| Exit fee | $0.00 | $0.00 |
| Contract term | No lock-in | No lock-in |
| Green energy | - | - |
| Solar feed-in tariff | 6.7c/kWh | - |
How do I switch from Amber Electric 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. Amber Electric’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.