Momentum Energy vs OVO Energy
OVO Energy is cheaper - by about $157/year
OVO Energy’s cheapest residential electricity plan, The One Plan - NOV2026, costs an estimated $1,012/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 $157/year - switching from Momentum Energy to OVO 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
OVO Energy - cheapest plans
Head-to-head: cheapest plan from each retailer
| Spec | Momentum Energy | OVO Energy |
|---|---|---|
| Plan | Standing Offer | The One Plan - NOV2026 |
| Supply charge | 160.37c/day | 85.89c/day |
| Usage rate | 54.72c/kWh (peak) | 27.16c/kWh (peak) |
| Exit fee | $0.00 | $0.00 |
| Contract term | No lock-in | No lock-in |
| Green energy | - | - |
| Solar feed-in tariff | - | 1.4c/kWh |
How do I switch from Momentum Energy to OVO 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; OVO 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.