Key Highlights

  • Momentum Energy has contracted with Gentrack to use its g2 billing solution.
  • The platform will support over 200,000 residential and business meter points across Australia.
  • Gentrack said the contract followed a competitive evaluation.
  • The announcement does not disclose the contract value or the implementation timeline.

Gentrack Group Limited (NZX/ASX:GTK) announced on 20 October 2026 that Momentum Energy has contracted with it for the g2 billing solution. The platform will support Momentum's more than 200,000 residential and business meter points across Australia. Gentrack said the decision followed a competitive evaluation.

What the Contract Covers

Momentum Energy will use Gentrack's g2 billing solution to simplify its technology landscape, reduce its cost to serve and create a scalable foundation for future innovation, digital experiences and AI-driven efficiencies. Gentrack said Momentum recognised its delivery record in the Australian energy market, its regulatory compliance model and its integration with Salesforce.

The announcement does not state the value of the contract, the length of its term or when the implementation is due to begin or finish. Those details are not part of the release.

Comments From Both Companies

Momentum's Interim CEO, Danny Moore, said the move represents a significant investment in the future of the business. He said Momentum chose Gentrack for its understanding of the energy market, its implementation approach and track record, its focus on AI and its close Salesforce integration.

Gentrack's Chief Executive Officer, Gary Miles, said Momentum's ambitions and values align with Gentrack's own. He also cited a 100% transformation success record and said the company looks forward to working with the Momentum team to deliver another transformation.

About Gentrack

Gentrack says it has partnered with energy and water utilities for more than 35 years, and that over 60 companies now rely on its technology. The company says it is building AI into utility operations and works with Salesforce and AWS. The announcement describes Momentum as joining a growing community of utilities across Australia and New Zealand that use Gentrack to modernise customer and billing platforms.

Why This Could Matter

Billing and customer platforms are central systems for energy retailers, and a platform change of this kind is typically a multi-stage project. Gentrack said the Momentum contract adds to its customer base in the Australian market. Because financial terms and timing have not been disclosed, the effect on Gentrack's revenue cannot be determined from the announcement alone.

Where Things Stand

Momentum Energy has chosen g2 and the work is at the contracting stage. Investors looking for further detail would need to see any later update from the company on the implementation schedule and contract terms.