Hourly Matching Credit (HMC) is a no-cost, opt-in scheme from Good Energy, designed to reward renewable generators and help businesses cut their energy costs, all while supporting a cleaner grid.  

Options for every business

Maximise your earning potential with HMC Variable

  • Open to generators and business supply customers
  • Variable earnings, based on real time energy matching performance, delivered quarterly.

 

Guarantee your earnings with HMC Secure

  • Open to business supply customers
  • Fixed p/kWh delivered through monthly payments and a top up end of term payment

 

Enjoy budget certainty with HMC Fix

  • Open to business supply customers
  • Fixed p/kWh delivered through consistent monthly payments

 

Compare our HMC products

HMC VariableHMC SecureHMC Fix
Who is it for?Businesses and generatorsBusinesses only Businesses only
How is the value calculated?Variable p/kWh based on actual matching performanceGuaranteed p/kWhGuaranteed p/kWh
How is the value paid?Variable payments each quarter with some lagConsistent partial payments each month, top up payment at contract endConsistent payments each month
When can I join?Any timeStart of contractStart of contract
What’s the expected value?HigherMediumLower
What level of budget certainty?LowerHighHigh

How does Hourly Matching Credit work?

Put simply, when business electricity usage overlaps with eligible renewable energy generation in the same half-hour, some third-party subsidy charges can be avoided and later refunded to you. These include Renewables Obligation, Feed-In Tariff and more.

We entirely automate this process, adding the credits to your account on a quarterly or monthly basis, depending on which product you choose.

How does Hourly Matching Credit benefit the grid?

When electricity demand and renewable generation are better aligned, the grid becomes less reliant on fossil fuel power during peak periods – helping create a lower-carbon, more efficient energy system for everyone.

Ready to make savings while supporting a greener grid?

Speak to us about joining Hourly Matching Credit today.

Hourly Matching Credit FAQs

When business electricity usage overlaps with eligible renewable energy generation in the same half-hour, some third-party subsidy charges can be avoided and later refunded to you. These include Renewables Obligation, Feed-In Tariff and more.

We entirely automate this process, adding the credits to your account on a quarterly or monthly basis, depending on which product you choose.

We’ve designed HMC for business customers that import electricity from Good Energy, and renewable generators that export electricity to Good Energy. Our business energy customers can choose Variable, Secure or Fix, whereas our generators can currently participate in Variable only.

HMC Variable pays credits quarterly based on your actual matching performance. Earnings depend on how much of  your consumption or generation is matched in every half hour period, and the value of avoided non-commodity costs in those periods, so your earnings can go up or down.

HMC Secure gives a guaranteed total £/MWh over the contract. We pay an agreed advance rate with each invoice during the contract, then top up to the full guaranteed rate at the end.

HMC Fix takes away any complexity – simply offering a fixed credit each month of your contract, with no later reconciliation payment.

 

HMC Variable offers the highest potential returns because you receive your share of actual savings. It suits customers who are comfortable with variability and can wait for their full value to be realised over time.

HMC Secure provides the second highest returns, but with a guaranteed figure per MWh. It suits customers who want greater budget certainty and earlier visibility of value, but that are happy to wait for their reconciliation payment.

HMC Fix provides the lowest returns, but is the right option for customers who need accurate, regular and consistent billing from day one. You receive a fixed monthly credit, but trade off potential upside for the immediate cashflow.

HMC Variable: Paid quarterly, with the payment varying depending on when different non-commodity cost savings are realised. Some payments arrive earlier than others, and the largest payment is typically made in September each year.

HMC Secure: Paid with each invoice at an advance rate, with a final top-up to the full guaranteed rate at the end of the contract.

HMC Fix: Paid as a fixed amount with each invoice, with no reconciliation.