Momentum Energy

Momentum Energy, an Australian electricity retailer

Momentum Energy is an Australian electricity and gas supply company serving over 200,000 homes and businesses. Its offering is built around comparing rates and signing up for energy plans tailored to different customer profiles. The company is owned by Hydro Tasmania, described in its communications as Australia's largest renewable energy generator, and its offices are located in Victoria and Tasmania.

Residential plans

The residential catalogue includes home energy plans, moving solutions, solar and battery, electric vehicle charging and home electrification. The company highlights the Warm Welcome plan, which according to its website includes a welcome credit of up to 100 Australian dollars (GST included) when signing up for electricity and gas. To compare prices, the website states that the process takes about two minutes.

Solutions for small and large businesses

For small businesses, Momentum Energy offers energy plans, supply management for multi-site businesses, business moving services, solar and battery, and participation in virtual solar sharing. Large commercial and industrial customers have a dedicated quote request pathway, as well as access to virtual power plants and environmental certificates.

Complementary services and management tools

The company sells products such as GreenPower, a government program through which it purchases accredited renewable electricity on the customer's behalf, with options for partial or full coverage. It also offers SmoothPay, a system of even monthly payments that estimates annual spending and spreads it across instalments, and Move In-surance, a connection commitment for moves that, under certain conditions, allows customers to claim a credit on their electricity bill if the connection is not made on the requested date. The company states it is working towards emissions-free electricity, in line with Hydro Tasmania's plan to measure, reduce and offset its emissions to reach net zero.

Awards and presence

Momentum Energy presents itself as the winner of the Best Energy Retailer award at the 2026 Mozo Expert's Choice Awards. The website also mentions previous awards for customer satisfaction, environmental performance and website quality, as well as five Mozo awards in 2024 for small and medium businesses, two Finder 2024 awards for electricity in Victoria and a highly commended mention as a green energy retailer at the Finder Green Energy Retailer of the Year 2023. The company states it is 100% Australian-owned and has support teams in Victoria and Tasmania.