At Make A Connection, we’re passionate about helping you save on your electricity bills. And with the rising cost of living, there’s no better time to take advantage of the latest initiative from the Australian Government—the Energy Bill Relief Fund for 2024-25.
The government is stepping up with a $3.5 billion expansion of this fund, ensuring that Australian households and small businesses get some much-needed relief from rising electricity costs. Here’s everything you need to know about this exciting opportunity.
What Is the Energy Bill Relief Fund?
The Energy Bill Relief Fund was introduced by the Australian Government to ease cost-of-living pressures by providing rebates on electricity bills. This year, the fund has been expanded, building on the $1.5 billion offered in 2023-24. For the upcoming year, the fund is set to provide even more rebates to help Australians manage their electricity expenses.
How Much Can You Save?
For households, the Australian Government is offering a rebate of $300 on electricity bills. Small businesses won’t miss out either—they’re eligible for a rebate of $325.
These rebates are applied directly to your electricity bills in quarterly instalments throughout the 2024-25 financial year. This means that by the end of the year, you’ll have saved hundreds on your power bills—effortlessly.
How Do You Get the Rebate?
The best part is, there’s no need to apply for this rebate. If you have an electricity account on the relevant census date (which will be published in government fact sheets), the rebate will automatically appear on your next bill or shortly thereafter.
However, depending on your electricity retailer and the processes in place by your state or territory government, the credit may take a little time to appear. If your first-quarter bill doesn’t show a credit, don’t panic! The rebate will be applied in the following quarter’s bill, so you’ll still receive the full benefit.
How Is the Rebate Administered?
State and territory governments will be responsible for administering these rebates, and electricity retailers will deliver the payments through your electricity bills. This means that the rebate will come straight to you, no extra paperwork or applications needed.
Why Is This Important?
At Make A Connection, we believe that every bit of savings counts, especially when it comes to your electricity bills. These rebates are a great way to alleviate some of the financial pressures many Australians face due to rising energy costs. The ease of access to this rebate makes it even more appealing—saving you money without the hassle.
Want More Ways to Save?
Getting your $300 or $325 rebate is just the start. There are plenty of ways to reduce your energy consumption and save even more on your bills. At Make A Connection, we’re dedicated to helping you find smarter, more efficient ways to manage your energy use.
Check out our website at makeaconnection.com.au for more tips, tools, and resources to help you lower your electricity bills and keep more money in your pocket.
Conclusion
The Energy Bill Relief Fund for 2024-25 is an excellent opportunity to save on your electricity bills with minimal effort. Whether you’re a household or a small business, these rebates can make a significant difference in managing your electricity costs throughout the year. So, keep an eye on your bills and make sure you’re getting the savings you deserve.
For more information and expert advice on saving energy, visit makeaconnection.com.au. We’re here to help you make the most of your savings!