$250 Victorian energy bonus: Here’s how to get it
Relief is on the way for Victorians concerned about energy price increases.
It's budget week in Victoria and premier Daniel Andrews announced households across the state will receive a $250 cost of living payment to help with energy bills.
Who is eligible for the $250 payment?
Unlike a similar energy bonus last year, this one-off payment is available to every Victorian household.
How do I claim the $250 Power Saving Bonus?
You need to register on the Victorian Energy Compare website. Registration will be available from 1 July 2022 with payments to follow shortly after. You can opt-in for a reminder to register as the date approaches on the site.
Why is the Victorian government doing this?
Victoria is due for an election later this year and the Power Saving Bonus program costing the government $250 million is just one of a raft of spending initiatives the government will announce during the budget tomorrow.
Is the $250 Power Saving Bonus for Concession recipients still available?
Yes, if you're receiving payments through one of the following programs you may still apply for the previous $250 bonus payment until 30 June 2022:
- Centrelink Pensioner Concession
- JobSeeker, Youth Allowance, Austudy or Abstudy
- Department of Veterans Affairs Pensioner Concession
- Or hold a Department of Veterans Affairs Gold Card
That's up to $500 of relief on your energy bill this year if eligible.
- If you have any trouble applying you can call 1800 000 832 for help.
How else can I save money on my energy bill?
We know a range of simple ways to save up to $700 on your energy bill in 2022. But the biggest saving by far can be found just by switching providers. You could save up to $300 a year.
By switching and claiming your $250 Power Saving Bonus you could save up to $550 this year alone.
Ready to compare energy plans? Use Energy Finder™ to find the best deal for you.