Third surge for power savings

By Lachlan Ellis

The State Government has announced a third round of its Power Saving Bonus, providing a further $250 to all eligible households starting later this month.

The third round of the $250 Power Saving Bonus will be opened from 24 March, and households that have previously received payments under the program remain eligible for the new round.

Since the current round of the $250 Power Saving Bonus launched on 1 July 2022, more than 1.7 million households have received the nation-leading cost of living support.

Member for Eureka Michaela Settle said her office was happy to help anyone wanting to apply for the bonus.

“The Power Saving Bonus makes a real difference for people, we’ve seen that in previous rounds. People are really appreciative, our office is full of people who need help with it as it’s an online application. We’re really happy to help people,” Ms Settle said.

“We know everyone’s doing it tough. $250 can make a real difference, and certainly we’re already getting inquiries in the office. Just the uptake alone is evidence that it’s really needed, and we’re really glad to be there to try and support Victorians through what is a financially tough time across the world.”

Minister for Energy and Resources, Lily D’Ambrosio, said the State Government was proud to help Victorians save money, both through the Power Savings Bonus and other programs such as the Victorian Energy Upgrades program, which subsidises energy-efficient appliances.

“Big power companies rely on people not having the time, information or knowledge to save money. But we know better deals are out there – and we’re helping Victorian families find them,” Ms D’Ambrosio said.

“We’re helping Victorians with immediate bill relief through the Power Saving Bonus and driving down the cost of living through our rebates for solar, hot water and Victorian Energy Upgrades program.”

Applications for the payment can be made through the Victorian Energy Compare website, where customers can quickly and easily find the best energy offers in their areas – potentially saving hundreds of dollars.

To access the $250 Power Saving Bonus, visit compare.energy.vic.gov.au or call 1800 000 832. To speak to an Energy Assistance Program advocate, call 1800 161 215.