Claim $250 Power Saving Bonus: Eligibility, Application, Payment Schedule

Updated on March 19, 2024

$250 Power Saving Bonus: Who Can Apply and How? You can check payment dates, the form, and a lot of other details right here. The Victorian government launched the $250 Power Saving Bonus with the goal of giving Victorian households financial support, easing the burden of utility bills, and encouraging energy-saving activities.

$250 Power Saving Bonus

For those looking to benefit from this program, it is essential to comprehend the application process, eligibility requirements, payment schedules, and available support services. The Victorian Government is taking proactive measures to assist qualified households in controlling their energy costs, such as the $250 Power Saving Bonus program.

Offering a $250 one-time payment, the program aims to reduce utility costs and motivate households to look into ways to save energy.

How many Power Saving Bonus rounds were available?

August 31, 2023 marked the end of the $250 Power Saving Bonus’s fourth round. Previous to this, three rounds were effectively run from July 2018 to March 2023, indicating the Victorian Government’s continued dedication to meeting the needs of its citizens in terms of energy expense management.

When did applications for the $250 Power Saving Bonus close?

On August 31, 2023, applications for the $250 Power Saving Bonus’s fourth round closed. It is crucial to remember that applications submitted after this date will not be accepted.

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For whom is the $250 Power Saving Bonus applicable?

Victorian households need to meet specific requirements in order to be eligible for the $250 Power Saving Bonus.

Have a current residential power statement.
Hold the account that is designated for the aforementioned bill.
Use the Victorian Energy Compare website to interact with it or ask one of the involved community outreach partners for help.

How to Apply and Follow-Up on Applications

Questions about your Power Saving Bonus application should be sent to energy@bsl.org.au or 9956 8850 if you applied through BSL, Uniting, or GV Community Energy.

It is advised to get in touch with info.vec@delwp.vic.gov.au or call the Victorian Energy Compare helpline at 1800 000 832 if you applied through the Victorian Energy Compare website or have general questions.

Payment Dates and Processing Times

Recipients should anticipate receiving their $250 payment via Electronic Fund Transfer (EFT) in 3–15 business days after their application is approved. If requested, check payments might take a little longer to process; they usually take five to twenty business days. High demand or incomplete applications can cause delays.

Additional Support and Resources

An invaluable resource for households struggling to pay their energy bills is the Victorian Government’s Energy Assistance Program. With grants, discounts, and advice on moving to more affordable energy plans, this program seeks to offer complete assistance to individuals in need.

For more information, call 1800 161 215 or go to https://www.energy.vic.gov.au/for-households/energy-assistance-program.

Conclusion

The Victorian Government’s $250 Power Saving Bonus is a commendable initiative aimed at addressing the financial challenges that households face when managing their energy expenses. Through the program’s streamlined application process, transparent eligibility requirements, and prompt assistance, it aims to significantly improve the lives of Victorians.

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To fully benefit from this program, it is imperative that individuals looking for assistance with their utility bills investigate the resources and support services that are offered.

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