$250 Power Savings Bonus: Eligibility, Application Process, Payment Dates, and Form

Updated on March 5, 2024

Wondering how to snag the $250 Power Saving Bonus from the Victorian Government? Find out who’s eligible, learn how to apply, check payment dates, and get all the details, including the application form, right here. It’s a great way to ease the burden of utility bills and support energy-saving efforts for Victorian households.

$250 Power Saving Bonus

To make the most of the $250 Power Saving Bonus program by the Victorian Government, it’s vital to grasp the application process, eligibility criteria, payment timelines, and the support services at your disposal. This initiative aims to assist eligible households in handling their energy expenses. With a generous one-time payment of $250, the program strives to lighten the load of utility costs and inspire households to embrace energy-saving opportunities.

For how many rounds was the Power Saving Bonus available?

The latest round of the $250 Power Saving Bonus wrapped up on August 31, 2023. Before that, the Victorian Government successfully ran three rounds from July 2018 to March 2023. This shows their continued dedication to helping residents tackle their energy costs.

When was the deadline to apply for the $250 Power Saving Bonus?

The window for applying to the fourth round of the $250 Power Saving Bonus closed on August 31, 2023. It’s crucial to know that no new applications will be accepted after this deadline.

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Who can get the $250 Power Saving Bonus?

To be eligible for the $250 Power Saving Bonus, Victorian households need to meet these requirements:

  1. Have a recent residential electricity bill.
  2. Be the named account holder for that bill.
  3. Utilize the Victorian Energy Compare website or get help from participating community outreach partners.

How to Apply and Follow-Up on Applications

If you submitted your Power Saving Bonus application through BSL, Uniting, or GV Community Energy, you can get in touch with any questions by calling 9956 8850 or emailing energy@bsl.org.au.

For those who applied via the Victorian Energy Compare website or have general inquiries, it’s best to reach out to info.vec@delwp.vic.gov.au or contact the Victorian Energy Compare helpline at 1800 000 832.

Payment Dates and Processing Times

Once your application is approved, you can anticipate getting your $250 payment through Electronic Fund Transfer (EFT) within 3 to 15 business days. If you opted for a cheque payment, it might take a bit longer, usually processed within 5 to 20 business days. Keep in mind that delays could happen, especially during high demand periods or if there are incomplete application details.

If you’re facing challenges with your energy bills, the Victorian Government’s Energy Assistance Program is here to help. This program offers valuable support through grants, concessions, and guidance on transitioning to cost-effective energy plans, providing comprehensive assistance to those in need.

For more information, you can reach out by calling 1800 161 215 or visiting https://www.energy.vic.gov.au/for-households/energy-assistance-program. They’re there to provide the support and resources you may need.

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Conclusion

The $250 Power Saving Bonus is a commendable effort from the Victorian Government to help households tackle financial challenges tied to managing energy expenses. The program stands out by simplifying the application process, maintaining transparency in eligibility criteria, and offering timely assistance. It’s designed to make a real impact on the lives of Victorian residents.

If you’re looking for relief from utility bills, it’s crucial to explore the available resources and support services to make the most of this program.

 

 

 

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