Momentum Energy Review 2026
Momentum is Hydro Tasmania's retail arm — government-owned, based in Melbourne, and 100% focused on renewables. They sell electricity in Tasmania, Victoria, South Australia, and NSW. Pricing is mid-market. Their niche is customers who care about where their power comes from and are willing to pay a small premium for it.
Rates from ~26.5c/kWh usage, ~100c/day supply (VIC). Slightly above the cheapest market offers but below standing offers. Last updated June 2026.
The Short Version
Momentum is the real deal if you want 100% renewable electricity. Being owned by Hydro Tasmania means every kWh is backed by hydro and wind generation. The trade-off is price — Momentum is not the cheapest. You are paying a small green premium. But for households in VIC, TAS, SA, or NSW who want to avoid the Big 3 and support government-owned renewable energy, Momentum is a solid choice. Their app is decent, no lock-in contracts on most plans, and customer service is average. If price is everything, look at OVO or Amber instead.
What I Like
- 100% renewable energy (government-owned Hydro Tasmania backing)
- No lock-in contracts on most plans
- Decent app with usage tracking
- Carbon neutral certified
What Could Be Better
- Not the cheapest (OVO and Amber beat them on price)
- Customer service response times are average
- Limited state coverage (no QLD/WA/NT)
- No gas plans
Who Should Get Momentum
If you want 100% renewable energy without going full Amber (wholesale pricing risk), Momentum gives you government-backed green power at a predictable price.
As Hydro Tasmania's retail arm, Momentum is one of the most relevant choices for Tasmanian households. Strong local connection and support.
Momentum sits mid-market on price. If your only concern is the lowest bill, OVO Energy or Amber Electric will save you more each quarter.
My Take
Momentum fills a specific gap: government-owned renewable energy for households who care about provenance. The rates are fair for what you get. They are not trying to be the cheapest — they are selling peace of mind about where your power comes from. If that matters to you, Momentum is a good pick. If not, you are paying extra for something you do not value.
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