Momentum Energy is proudly owned by Australia's largest generator of renewable energy, Hydro Tasmania.
We call our Energy Bundle SmilePower. By choosing SmilePower we aren’t suggesting you receive renewable energy to your home or business, but we do promise that any profits we make go back into maintaining Hydro Tasmania's renewable energy future, which should give you something to smile about.
Momentum Energy will ensure that Hydro Tasmania or another electricity generator generates an equivalent amount of Renewable Energy in the National Electricity Market within the same calendar year that we bill you for your purchase of SmilePower.
State governments around Australia run the GreenPower accreditation program for renewable energy. You can choose GreenPower by signing up to our standing offer rates. Through this, you can choose the percentage of your power supply you would like to offset. Momentum Energy will source GreenPower from Hydro Tasmania, who in turn will source it from a number of locations including (but not limited to) Waterloo Wind Farm and Parangana mini hydro.
What’s the difference?
Wind, solar and hydro generators built before 1997 produce renewable energy, but are not part of the GreenPower program. This means SmilePower can't be considered GreenPower, because it comes from the systems that have been powering Tasmania for the past hundred years.
Read our blog to find out more about smart ways to save energy.