The Victorian Government has announced a one-off $100 Power Saving Bonus for eligible concession card holders. This initiative, part of a $50 million allocation, aims to alleviate rising energy costs for vulnerable households.
Applications will open in August 2025 via the Victorian Energy Compare website. Eligible cards include the Pensioner Concession Card, Health Care Card, and DVA Gold Card.
This bonus follows previous rounds, including a $250 payment that concluded in August 2023. Unlike earlier, broader distributions, the current bonus specifically targets those most in need.
Federal Energy Bill Relief: Additional $150 Rebate
Complementing the state initiative, the Federal Government is providing an additional $150 energy bill rebate to households and small businesses.
This rebate will be automatically applied in two $75 quarterly installments starting July 1, 2025. No action is required from recipients, as the credit will appear directly on electricity bills.
Comprehensive Cost-of-Living Support
The energy rebates are part of a broader $2.3 billion cost-of-living package unveiled in the 2025-26 Victorian Budget. Key components include:
- Free Public Transport: $320 million allocated to provide free travel for individuals under 18 and free weekend travel for seniors.
- Energy Efficiency Rebates: $30 million to support 27,000 households in installing electric heat pumps and solar hot water systems, potentially saving up to $400 annually.
- Healthcare Access: $18 million to enable pharmacists to treat more conditions, reducing the need for GP visits.
- Educational Support: $1.3 billion invested in initiatives like free kindergarten (saving families up to $2,600 per child annually) and increased funding for school-related expenses.
Summary of Key Initiatives
| Initiative | Details |
|---|---|
| $100 Power Saving Bonus | One-off payment for concession card holders; applications open August 2025 |
| $150 Federal Energy Rebate | Automatic two-part payment starting July 1, 2025 |
| Free Public Transport | For under 18s and seniors on weekends |
| Energy Efficiency Rebates | Support for installing energy-saving systems |
| Healthcare Access Expansion | Pharmacists enabled to treat more conditions |
| Educational Financial Support | Free kindergarten and increased school-related funding |
The combined efforts of the Victorian and Federal Governments aim to provide substantial relief to households facing rising living costs.
Through targeted energy rebates and comprehensive support in transportation, healthcare, and education, these initiatives strive to ease financial pressures and promote sustainable living for Victorians.
FAQs
How do I apply for the $100 Power Saving Bonus?
Eligible concession card holders can apply through the Victorian Energy Compare website starting August 2025.
Will the $150 federal rebate be automatically applied?
Yes, the rebate will be automatically credited to eligible electricity accounts in two installments of $75 each, starting July 1, 2025.
Can I receive both the state and federal energy rebates?
Yes, eligible individuals can receive both the $100 state bonus and the $150 federal rebate, totaling $250 in energy bill relief.