Thousands cash in on $100 energy boost

In just two weeks, more than 70,000 applications have already been submitted for the $100 Power Saving Bonus, with thousands more households eligible to participant. Photo: DARIA NIPOT

RESIDENTS who have applied for the Victorian government’s $100 Power Saving Bonus can expect to see the payment hit their account this week.

Applications for the latest round of the energy bonus opened late last month, offering concession card holders a one-off payment to help ease cost of living pressures and make everyday expenses more manageable.

In just two weeks, more than 70,000 applications have already been submitted for the $100 payments, with thousands more able to participant.

Eligible Victorian households can apply for the Power Saving Bonus through the Victorian Energy Compare (VEC) website and are also encouraged to use the website to shop around for a cheaper energy plan.

A recent home electricity bill is needed to complete the application, and only one $100 Power Saving Bonus is available per household.

“We’re helping vulnerable Victorians with an extra $100 payment to manage paying their winter energy bill and keep their families warm,” Minister for Energy and Resources Lily D’Ambrosio said.

“Everyone should visit the free Victorian Energy Compare website to see if they can slash their energy bills by switching providers.”

More than 250 Neighbourhood Houses across the state, including those in the Surf Coast and Greater Geelong regions, are offering residents in-person support to apply for the bonus, particularly who do not have access to the internet or are eager for help navigating the application process.

For a full list of participating centres, visit nhvic.org.au/psb

The $100 Power Saving Bonus is in addition to the $150 Energy Bill Relief Fund all households will automatically receive from the federal government.

For more information, or to apply for the Power Saving Bonus, visit compare.energy.vic.gov.au or call 1800 000 832.