Australian electricity and gas retailer Momentum Energy will offer customers a cash-back reward for investing in solar and/or battery solutions, through a new partnership with leading national PV provider, Solargain.
Momentum Energy, the mainland-based retail arm of state-owned generator Hydro Tasmania, said on Tuesday that its partnership with Solargain was designed to make it easier for homeowners and small- and medium-sized businesses to generate and use their own clean power.
The partnership will provide customers in Victoria, New South Wales, South Australia and Queensland with a range of solar and storage options, including hybrid inverters, real-time energy monitoring, home batteries, solar systems efficient electric and solar hot water systems.
Solargain will handle much of the heavy lifting, including product selection, installation, rebate applications, and ongoing support.
For Momentum’s part, homeowners and businesses that take up the offer and invest in a Solargain product will get a one-time $100 bill credit.
“With recent announcements about subsidies for batteries, we expect more interest than ever, which is why we’re working with one of Australia’s largest providers of solar and batteries,” said Cam Taylor, Momentum’s head of energy solutions.
The Solargain collaboration follows Momentum’s partnership with Melbourne-based electrification start-up, Goodbye Gas, that was announced early last year.
The two companies have joined forces on an “entirely voluntary” program pitched at Momentum’s roughly 70,000 gas customers in Victoria that promises to cover the gas abolishment fee of $242 for customers who work with Goodbye Gas to fully electrify their homes.
“It might seem strange for a gas retailer to be incentivising its own customers to transition away from gas, but Momentum wants to see more of our customers living fully electric lives,” Momentum’s managing director Lisa Chiba said at the time.
“Going all-electric – particularly when it’s combined with adding solar panels – is one of the most impactful changes individual consumers can make to help the planet.”
