Momentum Energy vs Powershop
Powershop is cheaper - by about $71/year
Powershop’s cheapest residential electricity plan, Power House, costs an estimated $1,098/year at 4,000 kWh, 26% below the VDO. Momentum Energy’s cheapest plan, Standing Offer, costs $1,169/year, 39% below the DMO. That is a difference of $71/year - switching from Momentum Energy to Powershopcould 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
Powershop - cheapest plans
Head-to-head: cheapest plan from each retailer
| Spec | Momentum Energy | Powershop |
|---|---|---|
| Plan | Standing Offer | Power House |
| Supply charge | 160.37c/day | 91.46c/day |
| Usage rate | 54.72c/kWh (peak) | 28.92c/kWh (peak) |
| Exit fee | $0.00 | $0.00 |
| Contract term | No lock-in | No lock-in |
| Green energy | - | - |
| Solar feed-in tariff | - | 2.0c/kWh |
How do I switch from Momentum Energy to Powershop?
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; Powershop’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.