The Victorian Government is extending the popular $250 Power Saving Bonus payment to support more vulnerable households doing it tough with energy bills. Member for Werribee Tim Pallas said that the extension would provide crucial financial support for eligible households who have yet to receive the payment. More than 350,000 Victorians have already accessed the one-off $250 payment since it was launched in February 2021, providing more than $87.5 million to those who need it most.

Households receiving payments through the Pensioner Concession, JobSeeker, Austudy, Abstudy or Youth Allowance programs, or who hold a Department of Veterans’ Affairs Gold Card are eligible. The payment is transferred electronically into bank accounts or provided via cheque on request, and typically takes about two weeks to arrive. To assist eligible households who may not have access to a computer or require assistance with their application, the Government is providing support through the Power Saving Bonus Community Outreach Program.

The $250 Power Saving Bonus is part of a $797 million household energy affordability package announced in November 2020. The payment is delivered through the Victorian Energy Compare website, which receives more than one million visitors each year. Victorian Energy Compare is a truly independent price comparison tool that helps consumers find the best energy deal available. Data shows that seven out of every ten users can save money by switching energy offers with a typical annual saving of $330.

To apply for the one-off $250 Power Saving Bonus go to www.compare.energy.vic.gov.au or, if you need assistance with your application, phone 1800 000 832.

Quotes attributable to Minister for Energy, Environment and Climate Change Lily D’Ambrosio “We are proud to continue supporting vulnerable households with the $250 Power Saving Bonus payment program until 30 June.” “In its first year this one-off payment has provided much-needed assistance, delivering $87.5 million to more than 350,000 households, but there are still many Victorians on support payments who have not yet applied for what could be crucial help with their energy bills.” “I encourage all eligible Victorians to apply either online or by calling the Victorian Energy Compare helpline.”

Quotes attributable to Member for Werribee Tim Pallas “The Power Saving Bonus is easing cost of living pressures and I encourage all eligible households in Werribee to apply for what could be a crucial $250 payment towards their energy bills. “Applying for the Power Saving Bonus is as easy as a five-minute online application or phone call, and constituents are always welcome to contact my office on 9741 1133 if they require further assistance.