• Loddon Herald

Power bonus extended

The Andrews Labor Government is extending its $250 Power Saving Bonus payment by five months until 30 June this year to support more vulnerable households doing it tough with energy bills.

More than 350,000 Victorians have already accessed the one-off $250 payment − part of a $797 million household energy affordability package announced in November 2020.

Households receiving payments through the Pensioner Concession, JobSeeker, Austudy, Abstudy or Youth Allowance programs, or those who hold a Department of Veterans’ Affairs Gold Card, are eligible for the payment.

The payment is delivered through the Victorian Energy Compare website, which receives more than one million visitors each year and helps consumers find the best energy deal available. Data shows seven out of every 10 users can save money by switching energy offers, with a typical annual saving of $330.

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