The Commonwealth Government has partnered with states and territories to provide up to $3.5 billion of electricity bill relief to eligible households and small businesses to ease cost of living pressures.
Victorian households will receive up to $300 and eligible small businesses will receive up to $325 to help with the cost of their electricity bills. Households will receive their payments in quarterly instalments ($75 per quarter), with small businesses to receive a one-off payment ($325).
Households
Victorian households will receive rebates of up to $300 applied to their electricity bills in four quarterly instalments of $75.
To access the energy bill relief rebate, households must:
- hold an active electricity account with an energy retailer for their place of residence
- use their electricity account for domestic use only. Commercial properties are not eligible to receive the household bill relief
The first $75 instalments commenced in August 2024, further credits will be applied from the below dates:
- 1 October 2024
- 13 January 2025
- 1 April 2025
Most households will have their rebates applied automatically from their electricity retailer and will not be required to take any action.
Households in embedded networks
Customers in embedded networks such as a caravan park, residential community, retirement village or apartment building can apply for the payment on Victorian Energy Compare. Embedded network customers will receive a one-off payment of $300.
Embedded network customers of Origin, WinConnect and Momentum will have their bill relief automatically applied via their retailer.
Small businesses
Eligible Victorian small businesses will receive a one-off rebate of $325 applied to their electricity bill.
To access the energy bill relief rebate, small businesses must have:
- an active ABN as listed on the Australian Business Register
- a separately metered business tariff
- an annual electricity consumption below 40 MWh.
Rebates commenced in August 2024, most Victorian small businesses will have their rebate applied automatically from their electricity retailer and will not be required to take any action.
Small businesses in embedded networks
Small businesses in embedded networks, such as shopping centres and apartment buildings can apply for the one-off payment on Victorian Energy Compare.
Embedded network customers of Origin, WinConnect and Momentum will have their bill relief automatically applied via their retailer.