[VIC] $250 Power Saving Bonus for Victorian Households

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Willy62 on 09/02/2023 - 11:29 compare.energy.vic.gov.au (7609 clicks)
Last edited 26/02/2023 - 18:46 by 2 other users

Went to check my energy prices after a $400 monthly bill and saw the $250 grant at the top of the Victorian Government compare website. The $250 grant does not require you to change providers and payment is made in 7-10 days for 5 minutes of work. From the website:

The $250 Power Saving Bonus for Victorian households is now open. Before submitting an application for the bonus, please read the eligibility requirements.

Eligibility requirements:
* You must be a Victorian residential energy consumer (i.e. have a residential electricity account).
* You must be the account holder
* Only one payment is available per household

As part of the Power Saving Bonus application process, we will present you with information about the best priced electricity offers available in your area. You are not required to switch offers or retailers.

The application process will take five to ten minutes of your time, and you will need to have a recent electricity bill with you.

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Mod: Original Deal (2/5/22) - Duplicate Exception (over 6 months).

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Victoria Department of Environment, Land, Water and Planning - Energy

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      mrvaluepack on 09/02/2023 - 14:42

      +1

      I got all 3 of mine in my name no probs. Its one per household.

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    mrvaluepack on 09/02/2023 - 14:40

    +1

    I got 3 :D
    One for old house, one for new house and one for holiday home
    1 of them took longer than usual because it was flagged for "further review" but in the end all approved and paid.
    Just make sure the electricity bills are in the same name you are claiming.

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      Mokr on 09/02/2023 - 14:47

      so switch name on electric bill = $

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  bargainatoraah on 09/02/2023 - 18:04

  +2

  The whole energy sector needs a royal commission, rebates, cashbacks, gotta constantly change to get a discount. Absolute joke.

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  Willy Beamish on 09/02/2023 - 18:52

  +3

  How nice of them to take our tax money which will be given right back to the power companies instead of fix the cause of the problem and lower prices
  Absolute scumbag corrupt (profanity)

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    0jay on 09/02/2023 - 20:14

    You’d be paying those power bills regardless, yeh? So where’s the corruption, exactly?

    They’re called transfer payments and the overall effect on the economy is not so simple as taking taxes and giving them to people you don’t consider to be worthy.

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      brenwildman on 10/02/2023 - 09:07

      Look at all the good Howard's PHI subsidy did - just increase PHI prices by 30% overnight

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        0jay on 10/02/2023 - 11:37

        So just to be sure I understand your argument… because a particular type of policy was deployed to negative effect in one instance that therefore means that that particular type of policy is inherently negative..?

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          brenwildman on 10/02/2023 - 12:04

          @0jay: Yes. The example I gave was just once such instance of cronyism that supports what Willy suggested. There are many other such examples eg. digital set top boxes, roof cladding, solar panels, child care, first home buyers etc.

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            0jay on 10/02/2023 - 15:23

            @brenwildman: What you’re calling cronyism is a legitimate economic tactic used by governments everywhere. It can (and has been) be used badly like any other tool.

            I can only conclude you were home-schooled by a parent or guardian with only a very vague impression of basic economics, politics and ideology.

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  Cyan9 on 09/02/2023 - 20:41

  FYI processing time on these is approximately a month at the moment. Don’t count on having the $ in 7-10 business days.

  It’ll get paid, just not that fast.

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    Miss B on 09/02/2023 - 23:27

    Mine took 2 months, they did at least keep sending updates to say it had been delayed. I kept forgetting about it until I got the emails.

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  brenwildman on 10/02/2023 - 09:06

  Yay, inflation stimulation!

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    hazzad on 10/02/2023 - 09:36

    Most people would have claimed this before inflation skyrocketed. it certainly had little to nothing to do with inflation increasing. Blame that on fuel costs, labour shortages, flooding causing food shortages and general greed from some manufacturers and suppliers and the public acceptance of these price rises.

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      brenwildman on 10/02/2023 - 12:11

      You think printing money doesn't cause inflation?? Yes there are other factors driving inflation too.

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  Mary Poppins on 22/02/2023 - 20:22

  Anyone else get an email saying “Your application has been finalised, however due to some program constraints unique to your application, your $250 Power Saving Bonus will now be paid by cheque”?
  I’m stoked I’m getting a 2nd rebate but just wondered my application was “unique”.

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