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Victorian Homes to Get $50 Power Saving Bonus

Home > Melbourne > Cheap | Family | Free | July | September
by Geoff Edlund (subscribe)
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How to earn $50 instantly on July 1st 2018 & save $330 more
Get your diary out, bookmark this page, and tell your friends - if you click on This Link on Sunday July 1st, you'll get $50 free (a cheque as a rebate) for using the 'Victorian Energy Compare' tool.

Victorian Energy Compare Saving Gas Electricity Bill July 1
Victorian Energy Comparison Website screenshot

Energy prices are soaring and recent studies show that costs more than doubled in the last decade. The energy rebate is an incentive in the Victorian State Government you need to know about. The move was announced less than a month ago and is part of a $48 million election commitment by the Labor government in Victoria. You have until December 31st 2018 to do this, and there will only be one Power Saving Bonus per household in a property.

Victorian Energy Compare Saving Gas Electricity Bill July 1 State Government Media Release
Victorian Government Media Release screenshot

The website also shows you the best tariff for Electricity and Gas based on your circumstances and use. This website saves households an average of $330 in the first year alone (for an estimated 7 in 10 households) - click here for more details. If you are one of the 700,000 already registered (in the last three years) on the website, you can still go back to the site in the second half of 2018 to still be eligible for the payment.

Naturally, you will be asked to fill in a form (takes around 10 minutes), provide identification and bank account details for the money to be delivered. You are not required to take up an offer or switch plans - the choice is yours.

The Government is expecting 1,000,000 households to take up the offer and will consider extending it further.

Victorian Energy Compare Saving Gas Electricity Bill July 1 State Government Gas Electricity
Big Savings on Electricity for Households from July 1st 2018. Credits: Wikimedia Commons, User: Aatu Liimatta

So share the news with family and friends - there's plenty of other great experiences and purchases to spend your money on than giving it to an electricity or gas supplier, and this may be a way to finally start or boost that rainy day fund as well.
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Why? $50 for free with more savings to be had.
When: July to December 2018
Where: Victoria
Cost: Free (in fact, you get paid, and then save money)
Your Comment
Found additional details on using the Victorian Energy Compare website that could be helpful -
by ibnus (score: 0|2) 329 days ago
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