Why choose Momentum Energy?
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 profits we make contribute to 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.
Does SmilePower deliver renewable energy straight into my home?
That would be wonderful! But that's not how it works. Electricity to your premises comes from the National Electricity Market (NEM). The NEM comprises energy from both renewable and non-renewable sources. However, with SmilePower 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.
We support renewable energy and you can too
Momentum Energy is owned by Hydro Tasmania, the largest Australian energy generator of renewable energy. We are passionate about renewable energy and our customers can feel good knowing that by buying our SmilePower product, you're helping to support our renewable energy parent company.
Product Assurance to make you Smile
SmilePower is audited by an external agency. It's a verified product so you can rest assured that we'll match the electricity you use with the generation of renewable energy.
SmilePower is audited annually to ensure we're keeping our promise.MomentumSmilePower Verification Statement
What about greenhouse gas reductions?
SmilePower is a non-accredited product, as most of Hydro Tasmania's power stations were constructed prior to 1997. This means that SmilePower doesn't contribute to new renewable generation. Customers can't claim greenhouse gas emission reductions as a result of SmilePower energy purchases.