Budget provides energy bill relief
The Australian Government is providing $3.5 billion to extend and expand the Energy Bill Relief Fund and provide electricity bill rebates to all Australian households and eligible small business customers in 2024–25 to ease cost of living pressures.
All Australian households will receive a $300 annual rebate, and eligible small businesses $325, to be paid in quarterly instalments on your electricity bills throughout 2024–25.
State and territory governments will administer the rebates and deliver the payments through retailers.
In most cases, the electricity provider will automatically apply the bill relief to your electricity account and you will not need to do anything. This will reduce the amount you owe on your bill.
Households in embedded networks (such as where you receive electricity from your strata or landlord in a caravan park, apartment building or retirement village) will be eligible for a rebate through an application to their state or territory government.
If you have a concession card or receive payments under a government scheme, you could be eligible for rebates under existing state and territory schemes. For details specific to your place of residence please check the energy concession information in your state or territory.
For further information on the Energy Bill Relief Fund please check www.energy.gov.au/energy-bill-relief-fund.