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Victoria’s $250 Power Saving Bonus is back: Here’s how to get it

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All households in Victoria will be able to access the new $250 Power Saving Bonus from 24 March.

Households across the Victorian state will be eligible for round 2 of the government's $250 Power Saving Bonus scheme.

You can start applying on 24 March so make sure to save the date in your calendar.

More than 1.7 million households have already taken advantage of the rebate since it was launched last year.

If you haven't applied for it yet then hurry to register on the Victorian Energy Compare website.

"We know Victorians are doing it tough with the rising cost of energy – that's why we'll have a new round of the $250 Power Saving Bonus, putting money in families' pockets and making sure they're on the best deal," Victorian premier Daniel Andrews said in a statement over the weekend.

Am I eligible for the $250 Power Saving Bonus in Victoria?

Yes, you are, even if you've already signed up for the rebate once before.

The criteria is also quite simple. You must be a VIC resident and have a residential electricity account in your name. Only 1 payment is available per household.

To apply, you will need to once again head to the Victorian Energy Compare website and enter your name, email address and phone number in an online form.

Once the application is processed, the payment will be added to your bank account within 2 weeks.

You can call 1800 000 832 if you can't access the form for any reason.

During the application process, you will also be given information on some of the best electricity plans available to you.

There's no need to switch energy providers if you're happy with your current plan. You will still be able to get the rebate.

Cheapest energy plans in Victoria

Victoria's already been hit hard with news of gas price hikes of up to 25% which is equivalent to a rise of $326–$480 for the year.

This will be felt most during the winter months.

So while the $250 rebate takes the edge off just a tiny bit, it's more important than ever to be with one of the cheaper energy providers.

GloBird Energy and ENGIE are offering some of the cheapest electricity and gas plans in VIC.

Alternatively, you can compare more options to find an energy plan best suited to your budget and needs.

Tips to save money on your energy bill

Besides comparing plans, you can try some small ways to conserve energy while at home.

For example, turning off your appliance by the wall could save you $100 a year. Ditching the clothes dryer once a week could save you $79 a year.

You can check out our other tips that could save you even more down the line.

Energy prices are constantly changing. Compare electricity and gas plans today to see if you're still getting the best deal.

Image: @MartinPrescott via Canva.com Image: @Kameleon007 via Canva.com

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14 Responses

    Default Gravatar
    ernestMay 3, 2023

    I have sent a copy of our electrict biii I hane sent our aplication but it is an oldwone I received an email requesting an update BILL I have a updated bill But I need to have the correct email address can you help

      AvatarFinder
      SarahMay 5, 2023Finder

      hi Ernest,

      We’re a comparison site and we’re not directly affiliated with the Victoria government. All enquiries related to claiming this rebate can be submitted to the Victorian Energy Compare support team at info.vec@delwp.vic.gov.au.

      Best of luck!

    Default Gravatar
    LaurisApril 19, 2023

    I need to apply for the $250 energy rebate for my 88 year old mother which I was able to do successfully last year.
    She doesn’t have an email address so I use mine.
    When I try to do so on her behalf, I can’t progress beyond the welcome page. How else can she apply for it?

      AvatarFinder
      SarahApril 20, 2023Finder

      Hi Lauris,

      You’ll need to contact the government directly for customer support:

      Phone support: You can call 1800 000 VEC (832) to receive general support and assistance with the Victorian Energy Compare website and Power Saving Bonus program. If you don’t have internet or computer access, the helpline will also support you to submit an application over the phone.

      Enquiries can also be submitted to our support team at info.vec@delwp.vic.gov.au.

      Hope this helps!

    Default Gravatar
    JoanneApril 1, 2023

    what site do I go on to claim the $250 rebate please?

    Default Gravatar
    IanMarch 31, 2023

    Yes
    I filled out the first part of the $250 Electricity Payment but closed my online request before providing information about our rate notice. Can I continue?

      AvatarFinder
      SarahApril 6, 2023Finder

      Hi Ian,

      We are not directly affiliated with the Victorian government so can’t offer tech support, but we suggest that your best bet is to log back in and attempt to continue with your registration.

      If you run into trouble, their support team can be contacted at info.vec@delwp.vic.gov.au.

      Hope this helps!

    Default Gravatar
    RolieMarch 27, 2023

    Enquiry regarding late application previous bonus. Due to partner passing away. Previous application was not lodged prior to 24thb march. Would you advise if exemption period to claim bonus on these circumstances. Death Certificate is available for submit proof. Regards

      AvatarFinder
      SarahApril 6, 2023Finder

      Hi Rolie,

      You’ll need to contact the Victorian government with this enquiry.

      All support enquiries can be submitted to their support team at: info.vec@delwp.vic.gov.au.

      Hope this helps!

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