Momentum Energy vs Next Business Energy
Momentum Energy is cheaper - by about $150/year
Momentum Energy’s cheapest residential electricity plan, Standing Offer, costs an estimated $1,169/year at 4,000 kWh, 39% below the DMO. Next Business Energy’s cheapest plan, NBE Standing Resi VIC Citipower, costs $1,319/year, 11% below the VDO. That is a difference of $150/year - switching from Next Business Energy 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.
Momentum Energy - cheapest plans
Next Business Energy - cheapest plans
| Plan | Retailer | Annual cost ▲at 4,000 kWh/yr | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Peak | Off-peak | Shoulder | ||||||||
 | NBE Standing Resi VIC Citipower Time of use | Next Business Energy | $1,319 | |||||||
| NBE Standing Resi VIC Citipower Time of use | Next Business Energy | $1,319 | |||||||
| NBE Standing Resi VIC Citipower Time of use | Next Business Energy | $1,323 |
Head-to-head: cheapest plan from each retailer
| Spec | Momentum Energy | Next Business Energy |
|---|---|---|
| Plan | Standing Offer | NBE Standing Resi VIC Citipower |
| Supply charge | 160.37c/day | 110.13c/day |
| Usage rate | 54.72c/kWh (peak) | 34.83c/kWh (peak) |
| Exit fee | $0.00 | $0.00 |
| Contract term | No lock-in | No lock-in |
| Green energy | - | - |
| Solar feed-in tariff | - | 0.1c/kWh |
How do I switch from Momentum Energy to Next Business 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. Momentum Energy’s cheapest plan has no lock-in contract and an exit fee of $0.00; Next Business 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.