{"id":105751,"date":"2025-09-08T06:15:00","date_gmt":"2025-09-07T20:15:00","guid":{"rendered":"https:\/\/en.econostrum.info\/au\/?p=105751"},"modified":"2025-09-08T05:13:04","modified_gmt":"2025-09-07T19:13:04","slug":"victorians-100-power-saving-bonus","status":"publish","type":"post","link":"https:\/\/en.econostrum.info\/au\/victorians-100-power-saving-bonus\/","title":{"rendered":"Victorians Start Receiving $100 Power Saving Bonus This Week \u2013 Here\u2019s Who Qualifies"},"content":{"rendered":"\n<p>A cash rebate of <strong>$100<\/strong> is now being rolled out to concession card holders in Victoria, under the <strong>Power Saving Bonus<\/strong> program announced in late August. Designed to offer direct relief amid rising living costs, the payment is also part of a broader government strategy to encourage households to compare and switch electricity providers.<\/p>\n\n\n\n<p>So far, around <strong>70,000 applications<\/strong> have been submitted, according to the <strong>Victorian Government<\/strong>. With applications still open, residents who meet the eligibility criteria are being encouraged to apply through the <strong>Victorian Energy Compare<\/strong> <a href=\"https:\/\/compare.energy.vic.gov.au\/psb-faq\" target=\"_blank\" rel=\"noopener\">website <\/a>or via in-person support at participating community centres.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Eligibility Conditions and How to Apply<\/strong><\/h2>\n\n\n\n<p>The $100 Power Saving Bonus is targeted at <a href=\"https:\/\/en.econostrum.info\/au\/aussie-households-to-pay-200-more-for-electricity-starting-july\/\" data-type=\"post\" data-id=\"102530\">households <\/a>holding specific <strong>concession cards<\/strong>, including the Health Care Card, Pensioner Concession Card, DVA Pensioner Concession Card, and DVA Gold Card. Applicants must also provide a recent <strong>residential electricity bill<\/strong> as proof of being a Victorian energy consumer.<\/p>\n\n\n\n<p>Only <strong>one application per household<\/strong> is allowed. Importantly, residents <strong>off the electricity grid<\/strong> or without a residential energy account are <strong>not eligible<\/strong>. People in <strong>embedded networks<\/strong>, such as some caravan parks and retirement villages, may qualify provided they can produce a valid electricity account linked to the address.<\/p>\n\n\n\n<p>Applications can be made online at <em>compare.energy.vic.gov.au<\/em>, or by phone and in person through <strong>Neighbourhood Houses<\/strong>, with 250 community centres across Victoria participating in the outreach effort. According to the Department of Energy, <strong>over 10%<\/strong> of applications so far have been lodged with help from these community services.<\/p>\n\n\n\n<p>Payments are generally processed within <strong>10 business days<\/strong> via <strong>electronic fund transfer<\/strong> or by cheque, depending on the applicant\u2019s selected method.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Encouragement to Compare and Switch Energy Providers<\/strong><\/h2>\n\n\n\n<p>Beyond the one-off payment, the Power Saving Bonus scheme also serves as an incentive for households to visit the <strong>Victorian Energy Compare website<\/strong>, where users can identify cheaper electricity deals. According to <a href=\"https:\/\/lilydambrosio.com.au\/\" target=\"_blank\" rel=\"noopener\"><strong>Lily D\u2019Ambrosio<\/strong><\/a>, Minister for Energy and Resources, visitors to the site typically save <strong>around $240 annually<\/strong> by switching energy plans.<\/p>\n\n\n\n<p>The initiative runs <strong>alongside the Federal Government\u2019s Energy Bill Relief Fund<\/strong>, which provides additional rebates of up to <strong>$150<\/strong> to eligible households, automatically applied in quarterly instalments.<\/p>\n\n\n\n<p>Since its inception in <strong>2018<\/strong>, the Power Saving Bonus has undergone four rounds, with previous payments of up to <strong>$250<\/strong>. This latest round is open until <strong>31 March 2026<\/strong>, with no projections of future increases. Prior recipients of earlier rounds remain eligible to apply again, provided they meet the current conditions. The Victorian Government has reiterated its call for residents to apply early and review their energy options to make full use of the support available.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Victorian households are beginning to see a $100 Power Saving Bonus hit their accounts this week, as part of a government push to ease energy costs. With applications still open, many are asking who qualifies and how to apply. The bonus ties into a broader energy comparison initiative that could unlock even more savings.<\/p>\n","protected":false},"author":10,"featured_media":105753,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[44],"tags":[],"class_list":["post-105751","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding"],"_links":{"self":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/105751","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/comments?post=105751"}],"version-history":[{"count":2,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/105751\/revisions"}],"predecessor-version":[{"id":105754,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/posts\/105751\/revisions\/105754"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/media\/105753"}],"wp:attachment":[{"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/media?parent=105751"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/categories?post=105751"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.econostrum.info\/au\/wp-json\/wp\/v2\/tags?post=105751"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}