Households will be able to access a new round of the $250 Power Saving Bonus within weeks, as the Victorian Government drives down the cost of living across the state.

The $250 Power Saving Bonus will be re-opened to all eligible Victorian households from 24 March, including those that received payments under previous rounds, when they visit the Labor Government’s bill-busting Victorian Energy Compare website.

Since the current round of the $250 Power Saving Bonus launched on 1 July 2022, more than 1.7 million households have received the nation-leading cost of living support.

Applications for the payment can be made through the Victorian Energy Compare website, where customers can quickly and easily find the best energy offers in their areas – potentially saving hundreds of dollars.

Victoria has cut its emissions by more than any other state, tripled the amount of renewable energy and created thousands of clean energy jobs – but there is more to do, and that is why we have set a renewable energy target of 95 per cent by 2035.

To help meet this target, the Government is reviving the State Electricity Commission and bringing back government owned renewable energy – to drive down energy costs and help create 59,000 jobs.