ENGIE vs Momentum Energy
Momentum Energy is cheaper - by about $111/year
Momentum Energy’s cheapest residential electricity plan, Standing Offer, costs an estimated $1,169/year at 4,000 kWh, 39% below the DMO. ENGIE’s cheapest plan, VIC ENGIE Standing elec, costs $1,280/year, 14% below the VDO. That is a difference of $111/year - switching from ENGIE 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.
ENGIE - cheapest plans
Momentum Energy - cheapest plans
Head-to-head: cheapest plan from each retailer
| Spec | ENGIE | Momentum Energy |
|---|---|---|
| Plan | VIC ENGIE Standing elec | Standing Offer |
| Supply charge | 110.12c/day | 160.37c/day |
| Usage rate | 34.82c/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 | 1.0c/kWh | - |
How do I switch from ENGIE 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. ENGIE’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.