Energy provider
Owned by Australia's largest generator of renewable energy, Hydro Tasmania.
Company Ownership
Momentum Energy Pty Ltd
AUS
Hydro-Electric Corporation
owns 100% of Momentum Energy Pty Ltd
AUS
Energy
The largest generator of renewable energy in Australia.
Company Assessment
(Last updated Sep 2025)
Praise
Criticism
Information
Momentum Energy Pty Ltd
Praise
Criticism
Information
4.5/5 in Green Electricity Guide
The 2022 Greenpeace Green Electricity Guide ranked 47 Australian electricity retailers based on their environmental credentials, assessing factors like renewable energy provision, commitment to ending coal use by 2030, halting fossil fuel expansion, support for new renewable energy, and transparency. This provider was rated one the best, with 4.5 stars: "owned by Hydro Tasmania who generate mostly renewable electricity. Along with its hydro power stations, Hydro Tasmania owns two large gas power stations."
Source: Greanpeace
(2022)
Fined $54k for misleading consumers
In 2016 this company paid penalties totalling $54,000 following the issue of five infringement notices by the Australian Competition and Consumer Commission. The ACCC was concerned that an advertising campaign by Momentum, which included television, print, radio, social media and its website, represented that Momentum generated and supplied renewable electricity, when this is not the case.
Source: ACCC
(2016)
Fined $100k for life support breaches
In 2020 Momentum Energy paid penalties of $100,000 after being issued with five infringement notices by the Australian Energy Regulator (AER). The penalties were in relation to alleged failures to comply with the requirement under the National Energy Retail Rules to keep its life support register up to date.
Fined $900k for overcharging customers
In 2019 this company paid $900,000 in penalties after allegedly overcharging more than 2,500 customers by failing to apply concessions to their bills and then not notifying them in a timely way, as required by Victoria's state energy rules.
Hydro-Electric Corporation
No assessment data currently available for Hydro-Electric Corporation.
Company Details
Type:
Wholly-owned subsidiary
Contact Details
Products / Brands
Momentum Energy
Momentum Energy
Electricity Suppliers