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[VIC, SA, NSW, QLD] "Warm Welcome" Electricity Plan: Receive $100 Credit on First Bill @ Momentum Energy

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[VIC, SA, NSW, QLD] "Warm Welcome" Electricity Plan: Receive $100 Credit on First Bill @ Momentum Energy
Go to Deal
moleski on 15/05/2024 - 15:01 momentumenergy.com.au (947 clicks)
Last edited 26/08/2024 - 23:29 by 3 other users

$100 Sign up credit for new customers. Better than some of the others on offer. Good for churners who have recently done AGL and Origin.

For new customers to Momentum only.

T&C's:
1. the Supply Address must be in Victoria, South
Australia, New South Wales or the Energex
distribution zone of Queensland; and
2. the Market Contract must be your first electricity market Contract with us for the Supply Address (New Contract),
3. you must
a) be a residential customer (which means a customerwho purchases energy principally for personal, household or domestic use);
b) sign up directly with us and not through a thirdparty;
c) pay your bills in full by direct debit for the life of theplan; and
d) receive your bills, notices and othercommunications Electronically

If you cant sign up online, you can ring their sales number 1800 627 228 and mention the warm welcome plan.

Referral solicitation removed — Mod.

Referral Links

Referral: random (48)

After referee initiates the switch, referrer and referee each get $50 credit on their accounts.

Referee who signs up via telephone: quote the referral code & name of referrer to customer service during your sign-up telephone call.

Home & Garden Electricity Energy Supply Gas Supply Store Credit

Related Stores

Momentum Energy
Momentum Energy

closed Comments

  • sween64 on 15/05/2024 - 15:33

    When churning electricity providers is there any disruption to service? Can you pick a date with a new provider?

    • JohnHowardsEyebrows on 15/05/2024 - 15:35
      +2

      1) None whatsoever.
      2) Generally not. You'll usually be cut over as soon as the new provider can get it done. There may be some that let you nominate a date, but I've never encountered one.

      • nightelves on 15/05/2024 - 15:43

        Doesn’t it change over during a meter read?

      • mulimulix on 15/05/2024 - 16:00
        +1

        I had energy australia tell me they could nominate a date, go through the entire signup process, then when I told them what date I wanted they said they couldn't do it. Stuff em.

    • moleski on 15/05/2024 - 15:36
      +5

      Have churned multiple times now. No disruption to electricity (unlike nbn), can also set a further date to help with billing cycles. But normally the previous provider just charges you the incremental amount from your last billing cycle. Churning is the way to go. Used to get $300-$400 per month bills, now last 3 months its around $150-$180 with the credits, makes a big difference.

      • prankster on 15/05/2024 - 15:39

        how often do you churn? every 3 months or when a new offer comes you just churn out just like that?

        • BargainMe on 15/05/2024 - 15:41

          You have to be wary of credit checks, you don't want too many on your file

          • prankster on 15/05/2024 - 15:42
            +1

            @BargainMe: what credit checks happen? this isn't applying for a credit card…?

            • orangecarpet-22 on 15/05/2024 - 15:55

              @prankster: Yes, credit checks on a fixed service at a known address seem absurd, especially when you pick the prepay option, looking at you OVO Energy.

              The absolute worst is when an NBN provider does it. It's prepaid and a fixed amount and can be terminated instantly, so… what credit are you providing that warrants a credit check?

              • unity1 on 15/05/2024 - 17:23

                @orangecarpet-22: Which electricity companies don't do a credit check or do they all do one?

            • hihi on 15/05/2024 - 16:09

              @prankster: They refused to have you sign up. I tried with momemtum and atlinta both companies dont take you as a customer instantly. It just small line on your credit report but they can refuse your application

          • simplerick on 15/05/2024 - 16:29

            @BargainMe: Yes, this is really annoying when you want to churn electricity companies in a short space of time.

            My credit score has dropped from Excellent to Good in like 2 months simply because of credit checks done when signing up to new electricity providers.

        • JohnHowardsEyebrows on 15/05/2024 - 15:42

          I do it about every three months - long enough to get my Shopback payment (where the retailer is participating), and run down the $200 credits I've been getting (low usage).

    • nicolascage on 15/05/2024 - 16:51

      I have credit from PFIT, does that transfer over to the new company?

      • Mortin on 15/05/2024 - 18:31

        No

  • zanzir on 15/05/2024 - 15:40
    +2

    I've found it really hard to move anywhere from Globird cause they keep coming up as the cheapest

    • prankster on 15/05/2024 - 15:44

      i was actually looking into globird, mainly they have this 12-2pm free energy (and was thinking to do my hot water system during this time), rates are ok, solar rate is low at 5 cents

      how is globird overal?
      where's their call centre? lol

      • joey005 on 15/05/2024 - 16:22

        just review your rates on regular basis with globird, they get you in on good discount then jack up the rates

        • Mortin on 15/05/2024 - 18:33

          Yes they do. Also run credit checks when you move houses but keep them

        • simplerick on 16/05/2024 - 10:49

          how long after signing up with globird do you find they jack up the rates?

          • prankster on 16/05/2024 - 11:26

            @simplerick: yeah you sign up to the year plan but you'd hope they wouldn't raise the rates like a month later.

            i know its subject to change but i'm with energy australia and was on the ongoing plan but its for a year but they never hiked up the rates, it was only until after it finished after a year then i had to go onto one of their new plans (sadly)

          • joey005 on 16/05/2024 - 15:22

            @simplerick: they have done it between 3-6 months in the 12 month period

            • simplerick on 16/05/2024 - 15:59

              @joey005: typical bait and switch it seems, lure people in with rates that beats the competition, then jack them after a few months to make it less attractive

              I am not a fan of this kind of marketing

      • Mortin on 15/05/2024 - 18:32

        Melbourne

        • prankster on 16/05/2024 - 11:26

          wow an actual aussie call centre =p lol

        • aboteh on 17/05/2024 - 08:17

          Yeah, but they don't pick up the phone for ages. And their "online chat" is more like a offline leave a msg system.

  • colossus1611 on 15/05/2024 - 15:41
    +2

    That's one time benefit only though. What one needs to consider is the per kWH cost to understand ongoing benefits.

  • tunzafun001 on 15/05/2024 - 15:43

    Should be able to get $200 from the usual AGL/ Origins etc…but good enough if u have to.

  • Viospeed on 15/05/2024 - 15:47
    +1

    What are their rates like?

  • Frozensage on 15/05/2024 - 15:49

    i need some Gas deals… why all the love for electricity?

  • pork chop on 15/05/2024 - 16:05

    I've been with Tango for last 2-3yrs..time to get off my lazy bum and jump on this deal.

  • s41614419 on 15/05/2024 - 16:09

    online sign up unavailable… what a joke

  • daveee on 15/05/2024 - 16:10
    +5

    142.45 daily supply charge for electricity in 2065. Even with $100 credit that is obscene.

    • JohnHowardsEyebrows on 15/05/2024 - 16:29

      Yeah, seriously. Better sweeteners available atm, but I'd be churning into Momentum for a month or so to soak up the $150 credit and leaving.

  • Herbs on 15/05/2024 - 16:22
    +1

    I can't move away from AGL since my FiT is quite good at 20c/kwh (worth about $1,200 a year) and no other supplier seems to offer that rate anymore

    • nightelves on 15/05/2024 - 16:38

      20c/kwh uncapped?

      • Herbs on 15/05/2024 - 22:25

        I assume not, so far no limits

        • nightelves on 15/05/2024 - 22:56

          How did you even get that offer. That’s incredible!

  • StingyShopper on 15/05/2024 - 16:29

    They cant give me FiT rates without requesting a callback and giving all my details.
    Not worth the bother

  • sydneybargainer on 15/05/2024 - 16:30

    solar feed in dropping almost every 6 months, 21c/kwh gone past long ago sadly.

  • polarq on 15/05/2024 - 16:38

    Can you normally transfer credit to a new provider when you churn? What happens if you get a govt rebate that sits in your account and then you switch providers?

    • JohnHowardsEyebrows on 15/05/2024 - 16:42

      Usually you get refunded any credit balance (other than those given by the retailer). Given the government will be putting cash into your account, assume they'd be obligated to refund to the holder.

      • polarq on 15/05/2024 - 17:29

        Would they refund the fees in tariff balance?

  • [Deactivated] on 15/05/2024 - 16:47

    Denied application for 'reasons'

    • unity1 on 15/05/2024 - 17:30

      So denied for various reasons? Do they tell you why?

    • churningNburning on 15/05/2024 - 17:37

      I got denied for credit criteria and my credit is very good according to credit scores.

    • [Deactivated] on 16/05/2024 - 09:29

      Appears this was credit related, have churned gas and electricity almost monthly and got a notice from WISR today to find my Equifax credit score has dropped almost 200 with the only enquiries being utilities. Haven't missed a single payment on any credit in the 15 years I've had credit but gets tanked by churning utilities lol

      • simplerick on 16/05/2024 - 10:52

        Dude, this is exactly what has happened to me over span of like 2 or so months

        Gone from Excellent Rating to 'Good' all because of 3 utility enquiries in that small space of time

        Always make my payments on time, never late. This is something to really be wary of when churning anything these days that does credit checks!

        It seems like a flawed system TBH, but it's no surprise coming from Equifax, just check out their reviews

        https://www.productreview.com.au/listings/equifax

  • ranma241 on 15/05/2024 - 16:54

    Their service charge is much higher that AGL.

  • WwDesi on 15/05/2024 - 18:10

    But but what the rates like that’s the main one ?

  • BanannaMan on 16/05/2024 - 11:06
    +2

    FYI on rate changes:
    https://www.momentumenergy.com.au/energy-price-change

    New customers
    NSW, QLD or SA, market offers - electricity
    If you join on or before 31 May 2024, your prices may change on 1 July 2024.

    If you join from 1 June to 30 June 2024 your prices may change on 1 August 2024.

    If you join from 1 July 2024 you will be signing-up to our new rates.

    VIC, market offers – gas and electricity
    If you join on or before 30 June 2024 your prices may change on 1 August 2024.

    If you join from 1 July 2024 you’ll be signing-up to our new rates.

    NSW, QLD, SA or VIC, standing offer - electricity
    If you join on or before 30 June 2024 your prices will change on 1 July 2024.

    If you join from 1 July 2024 you will be signing-up to our new rates.

    If you join in the 10 business days before 1 July, you'll be notified of your new rates when you sign up. And all other customers will receive written notice before the new rates take effect. 

    VIC, standing offer – gas
    If you join on or before 31 July 2024 your prices will change on 1 August 2024.

    If you join from 1 August 2024 you’ll be signing-up to our new rates.

    If you join in the 10 business days before 1 August, you'll be notified of your new rates when you sign up. And all other customers will receive written notice before the new rates take effect. 

  • ExpressCoffee on 17/05/2024 - 10:39

    I just switched 2 days ago to a new provider, damn.

  • ivanl on 21/05/2024 - 18:31
    +1

    Can we get $100 welcome credit and use the refer to get another $50?

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