Yahoo Finance $350 energy rebates coming for 1 million Aussies after NSW boosts cost-of-living support
The NSW government will be giving boosted rebates of up to $350 to eligible households in the state.
Eligible seniors, families and low-income NSW households will be receiving up to $350 in increased energy bill rebates, under a cost-of-living measure announced in today’s state budget. This will be on top of the federal government’s $300 energy rebate that’s coming for all households.
Treasurer Daniel Mookhey confirmed the government had budgeted an extra $100 million to increase energy bill rebates. It estimated this would support up to one million NSW households dealing with cost-of-living pressures.
From July 1, the Family Energy Rebate and the Seniors Energy Rebate will increase to $250, up from $180 and $200 respectively.
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The Low-Income Household Rebate and the Medical Energy Rebate will increase to $350, both up from $285 each.
Lastly, the Life Support Rebate will increase to up to $1,639 for each equipment piece, up from $1,343.
Mookhey said the government would also introduce a reform to make it easier for Aussies to apply for the energy rebates.
"We don't simply want this money sitting in the bank accounts of New South Wales Treasury, we want it going out the door," Mookhey said.
The NSW energy rebates will be in addition to the federal government’s $300 energy rebate for all households. More than 10 million households will receive the rebate, while small businesses will get a slightly higher $325 off their bills from July 1.
How to apply for the energy rebates
You can check your eligibility and apply for an energy rebate through the NSW Climate and Energy Action website.
There are a range of rebates available for low-income households, families and seniors, along with medical and life support rebates. Households can apply for a combination of the rebates.
There is also a $110 gas rebate for eligible concession card holders, which has not been increased as part of the budget.
How does NSW compare to other states?
The NSW government’s energy support is a lot more targeted and lower than other Aussie states have recently announced.
Queensland households will be getting $1,000 off their electricity bills from July 1, which will be automatically credited to their bills.
Western Australian households will be getting a one-off credit of $400 to reduce their electricity bills from July. These will also be directly credited to eligible customers from July.
While not only for energy bills, the South Australian government is also giving a $243.90 cost-of-living payment to concession holders which are hitting accounts now.
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