Momentum Energy — Plans & Profile

· 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)

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Energy Plans

Electricity Plans (693)

No plans available for this area.

Gas Plans (70)

No plans available for this area.

Frequently Asked Questions

How many plans does Momentum Energy offer?▾
Momentum Energy offers 763 plans in Australia (0 electricity, 0 gas), based on Consumer Data Right (CDR) data updated daily by Bill Hero.
Does Momentum Energy offer both electricity and gas?▾
Bill Hero does not currently have any plans on file from Momentum Energy. Plan data is sourced from the Consumer Data Right (CDR) energy API and refreshed daily.
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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