EnergyAustralia vs Momentum Energy

Momentum Energy is cheaper - by about $154/year

Momentum Energy’s cheapest residential electricity plan, Standing Offer, costs an estimated $1,169/year at 4,000 kWh, 39% below the DMO. EnergyAustralia’s cheapest plan, Power 365 - Time of Use with Controlled Load -Third Party Offer - $200 Credit, costs $1,323/year, 11% below the VDO. That is a difference of $154/year - switching from EnergyAustralia to Momentum Energycould save you about that much, though your actual cost depends on your usage, tariff type and eligibility for any plan’s conditional discounts.

EnergyAustralia - cheapest plans

Rank by:

Plan	Retailer	Flat ratec/kWh	Time of use c/kWh			Supplyc/day	Solar FITc/kWh	Annual cost ▲at 4,000 kWh/yr
			Peak	Off-peak	Shoulder
Power 365 - Time of Use with Controlled Load -Third Party Offer - $200 Credit Time of use	EnergyAustralia	—	34.83	15.08	19.25	110.13	1.5	$1,323	Switch
Power 365 - Time of Use -Third Party Offer - $200 Credit Time of use	EnergyAustralia	—	34.83	15.08	19.25	110.13	1.5	$1,323	Switch
VIC Seniors Offer - Time of Use - $200 Credit Time of use	EnergyAustralia	—	34.83	15.08	19.25	110.13	1.5	$1,323	Switch

Showing 3 of 3 plans. Click column headers to sort.

Momentum Energy - cheapest plans

Rank by:

Plan	Retailer	Flat ratec/kWh	Time of use c/kWh			Supplyc/day	Solar FITc/kWh	Annual cost ▲at 4,000 kWh/yr
			Peak	Off-peak	Shoulder
Standing Offer Time of use	Momentum Energy	—	54.72	21.85	—	160.37	—	$1,169	Switch
Standing Offer Time of use	Momentum Energy	—	54.72	21.85	—	164.67	—	$1,185	Switch
Warm Welcome Time of use	Momentum Energy	—	30.80	13.40	17.00	103.50	0.9	$1,192	Switch

Showing 3 of 3 plans. Click column headers to sort.

Head-to-head: cheapest plan from each retailer

Spec	EnergyAustralia	Momentum Energy
Plan	Power 365 - Time of Use with Controlled Load -Third Party Offer - $200 Credit	Standing Offer
Supply charge	110.13c/day	160.37c/day
Usage rate	34.83c/kWh (peak)	54.72c/kWh (peak)
Exit fee	$0.00	$0.00
Contract term	12 months	No lock-in
Green energy	-	-
Solar feed-in tariff	1.5c/kWh	-

Switch — $25

How do I switch from EnergyAustralia 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. EnergyAustralia’s cheapest plan has a 12-month contract term 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.

Frequently asked questions

Is EnergyAustralia or Momentum Energy cheaper?

Momentum Energy has the cheaper residential electricity plan of the two, by an estimated $154/year at 4,000 kWh usage. Your actual saving depends on your usage and tariff - compare the plans above for exact numbers.

How do I switch from EnergyAustralia to Momentum Energy?

Choose a Momentum Energy plan above and click Switch. Bill Hero manages the switch for you - there's no interruption to supply, and most switches complete within 2 business days. The same process applies in reverse for switching from Momentum Energy to EnergyAustralia.

Does EnergyAustralia or Momentum Energy charge an exit fee?

Neither EnergyAustralia's nor Momentum Energy's cheapest residential plan charges an exit fee, based on current Consumer Data Right (CDR) data.

EnergyAustralia vs Momentum Energy

EnergyAustralia - cheapest plans

Momentum Energy - cheapest plans

Head-to-head: cheapest plan from each retailer

How do I switch from EnergyAustralia to Momentum Energy?

Frequently asked questions

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