Momentum Energy — Plans & Profile

Last updated: 7 June 2026 · Rates sourced from CDR energy plan data. Updated daily by Bill Hero.

About Momentum Energy

Momentum Energy is the mainland retail arm of Hydro Tasmania, offering electricity and gas backed by Australia's largest hydro generator. It participates in the GreenPower program up to 100%. Momentum has faced regulatory actions for overstating its green claims and for privacy breaches. It operates in Victoria, NSW, SA, and Queensland.

Bill Hero is an independent comparison service: we list every retailer that publishes pricing through CDR, and we don't take placement fees from Momentum Energy or any other retailer. Rates below are sourced from CDR and refreshed daily.

Provider Profile

Customer Count (Energy)

34,980

0.5% market share

As of 2026

Founded

2002

Complaints Rate (AER)

1.97%

More complaints than 94% of retailers

Q4: Worst

2026 AER report

Australian Ownership

yes

100% owned by Hydro Tasmania, Australia's largest renewable energy generator. Hydro Tasmania is wholly owned by the Tasmanian State Government, making Momentum a government-owned entity.

Generation Assets

Parent Hydro Tasmania operates over 2,600 MW of hydroelectric generation across 30 power stations, plus wind farms on mainland Tasmania and the Bass Strait islands. One of Australia's largest clean energy portfolios with no coal or gas generation.

GreenPower

Yes — accredited

Parent Company

Hydro Tasmania

Regulatory Issues

In 2020, the ACCC issued five infringement notices totalling $54,000 for misleading renewable energy advertising. The AER fined Momentum $100,000 for alleged life support obligation breaches. Separately, Momentum was fined over $760,000 for privacy breaches relating to repeated improper disclosure of customer information.

Reputation Scores

ProductReview

★★☆☆☆

1.7

371 reviews

Trustpilot

No data

Google

No data

Customer Reviews (0)

No reviews yet. Be the first.

Energy Plans

Electricity Plans (693)

Filter:

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
Home Run Electricity Flat rate+ Demand	Momentum Energy	18.40	—	—	—	106.00	1.1	$1,123	Switch
Warm Welcome Flat rate+ Demand	Momentum Energy	18.40	—	—	—	106.00	1.1	$1,123	Switch
Warm Welcome Flat rate+ Demand	Momentum Energy	19.20	—	—	—	99.50	1.1	$1,131	Switch
Home Run Electricity Flat rate+ Demand	Momentum Energy	19.20	—	—	—	99.50	1.1	$1,131	Switch
Home Run Electricity Flexible	Momentum Energy	—	29.80	14.30	19.80	99.50	1.1	$1,165	Switch
Warm Welcome Flexible	Momentum Energy	—	29.80	14.30	19.80	99.50	1.1	$1,165	Switch
Warm Welcome Flexible	Momentum Energy	—	28.70	14.10	19.60	106.00	1.1	$1,170	Switch
Home Run Electricity Flexible	Momentum Energy	—	28.70	14.10	19.60	106.00	1.1	$1,170	Switch
Pure Business Flat rateBusiness+ Demand	Momentum Energy	18.30	—	—	—	123.60	1.1	$1,183	Switch
Bill Boss Electricity Flat rateBusiness+ Demand	Momentum Energy	18.50	—	—	—	123.60	1.1	$1,191	Switch

Showing 10 of 10 plans. Click column headers to sort.

Gas Plans (70)

Plan	Retailer	Usage ratec/MJ	Supplyc/day	Annual cost ▲at 20,000 MJ/yr
Warm Welcome Gas Multinet Metro Stepped rate	Momentum Energy	3.10	88.70	$785	Switch
Home Run Gas Multinet Metro Stepped rate	Momentum Energy	3.10	88.70	$785	Switch
Home Run Gas Australian Gas Networks Central Stepped rateBusiness	Momentum Energy	3.20	88.20	$805	Switch
Home Run Gas Australian Gas Networks Cardinia Stepped rateBusiness	Momentum Energy	3.20	88.20	$805	Switch
Warm Welcome Gas Australian Gas Networks Cardinia Stepped rate	Momentum Energy	3.50	88.20	$822	Switch
Warm Welcome Gas Australian Gas Networks Central Stepped rate	Momentum Energy	3.50	88.20	$822	Switch
Home Run Gas Australian Gas Networks Central Stepped rate	Momentum Energy	3.50	88.20	$822	Switch
Home Run Gas Australian Gas Networks Cardinia Stepped rate	Momentum Energy	3.50	88.20	$822	Switch
Home Run Gas Australian Gas Networks North Stepped rateBusiness	Momentum Energy	3.30	88.20	$825	Switch
Home Run Gas Multinet Metro Stepped rateBusiness	Momentum Energy	2.70	102.00	$835	Switch

Showing 10 of 10 plans. Click column headers to sort.

Frequently Asked Questions

How many plans does Momentum Energy offer?▾

Momentum Energy offers 763 plans in Australia (500 electricity, 70 gas), based on Consumer Data Right (CDR) data updated daily by Bill Hero.

Does Momentum Energy offer both electricity and gas?▾

Yes — Momentum Energy offers both electricity (500 plans) and gas (70 plans). Customers can take both fuels from Momentum Energy and may be eligible for dual-fuel discounts on some plans.

What is the cheapest Momentum Energy electricity plan?▾

Home Run Electricity is the cheapest Momentum Energy residential electricity plan in Bill Hero's comparison, with an estimated annual cost of $1,123 at 4,000 kWh/year. Your actual cost depends on your usage and tariff — see the table above for the full list.

Is Momentum Energy a major or smaller retailer?▾

Momentum Energy is a mid-sized retailer in Bill Hero's comparison, with 763 plans on offer. Larger retailers typically have 1,000+ plans; Momentum Energy sits between major incumbents and smaller specialists.

How often is Momentum Energy's plan data updated?▾

Bill Hero refreshes Momentum Energy's plan data daily from the Consumer Data Right (CDR) energy API. Pricing on this page reflects the latest published rates from Momentum Energy.

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