Electricity rebate: $250 Power Saving Bonus available to Victorians expires in two weeks
Time is running out for millions of eligible Aussies in one state to claim a $250 government rebate as the crisis worsens. The Power Saving Bonus is a one-off payment available to Victorian households aimed to help ease the pain of soaring electricity bills. More than 1.7million households across Victoria have already applied for the rebate, an initiative launched by the state government. The current round of the Power Saving Bonus ends 11.59pm August 31. Households who have not yet received a bonus under the current round are eligible, including those hat received a payment through previous rounds of the program. 'We've put money back in the pockets of millions of Victorian households and put the power back in their hands to make sure they are on the best energy deal through the Victorian Energy Compare website,' Energy and Resources Minister Lily D'Ambrosio said. Eligible Victorians must be the account holder of a residential electricity account and only one payment is available per household. The application takes 5-10 minutes to complete and you will need a recent power bill. If your application is successful, the $250 rebate will be in your nominated bank account within 3-15 business days. The Power Saving Bonus initiative also aims to encourage Victorians save more money by comparing energy offers. You don't need to switch offers or energy providers to apply for the rebate. Those without internet access can get assistance in getting the rebate through a community outreach partner. They include Anglicare, Good Shepherd and The Brotherhood of St. Laurence. There is also an additional $250 energy relief for those on a pensioner Concession Card, Health Care Card, DVA Gold Card, Commonwealth Seniors Health Card, Carer Allowance and Family Tax Benefit A and B as part of the federal government's Energy Bill Relief Fund. The Victorian government also has a Energy Assistance Program (EAP) which provides free one-on-one assistance to households struggling with cost of living pressures. Visit or call 1800 000 832.