Energy bonus gives power to the people

The State Government’s $250 Power Saving Bonus program has been accessed by one million Victorians since 1 July, with almost 5,000 of those living in Moorabool.

The popular program was recently given a $205 million boost, and offers Victorian households $250 to simply seek a better energy deal via the Victorian Energy Compare website.

The website is the only free and independent online energy price comparison service available to Victorian energy consumers.

According to the latest figures provided by the State Government, 4,904 Moorabool households have applied for the $250 payment, which all Victorian households are eligible for – including the nearly 400,000 concession card holders who previously claimed the payment under an earlier phase of the program.

Just under 3600 requests came from Bacchus Marsh, Darley, and Maddingley, with 517 from Ballan.

Announcing the $205 million boost to the Power Saving Bonus program on Friday 22 July, Minister for Energy Lily D’Ambrosio said the program was making a real difference to Victorian families struggling to pay their energy bills.

“Three weeks after launching this bill busting bonus, we are proud to have supported one million Victorian households with their energy bills while helping them find the cheapest deal available,” Ms D’Ambrosio said.

“We know Victorian families are doing it tough, so we’re topping up the $250 Power Saving Bonus program to make sure no one misses out.”

User data shows that over the past 12 months, 7 out of every 10 users saved an average of $330 by switching energy offers.

For more information and to apply for a $250 Power Saving Bonus, visit compare.energy.vic.gov.au.

The bonus is available until 30 June 2023, and there are no caps on the number of households that can receive the once-off $250 payment.