Find all the information you need about the Energy Relief Grant 2024-25 Australia Energy Bill refund News, Eligibility, and How to claim. The Australian Government will contribute $3.5 billion for the development and extension of the Energy Bill Relief Fund, and to provide electricity bill rebates for all Australian households and small businesses that are eligible. This financial assistance program helps manage rising energy costs and reduce electricity bills directly to ease the financial burden of high energy prices. Continue reading this article to learn more about Energy Relief Grant Australia Energy Bill Refund 2024-25 News, eligibility, and more.
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Energy Relief Grant 2024-25
The Australian government introduced the Energy Relief Grant in 2024-25 to help alleviate the financial burden of high energy bills and manage the rising cost of electricity. This initiative is designed to help manage rising electricity costs and ease the financial burden associated with high energy bills.
Two categories of recipients are eligible for the Energy Relief Grant: small businesses and households. All Australian households are eligible to receive a $300 rebate per year, regardless of whether they live in an external territory.
Small businesses that meet the threshold for electricity consumption set by their state/territory can receive an annual rebate of $325.
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What is the new rebate amount?
Every family will be able to get a $300 rebate. This will be paid out in 75-cent quarterly installments.
Small businesses that qualify will receive a rebate of $325, payable in quarterly installments of $81.25.
Energy Relief Grant Eligibility
The Australia Energy Bill is divided into two categories. Each category has its own eligibility requirements. The households must be Australian residents and have an active connection to electricity with a participating retailer.
Small businesses must be registered in Australia and operate there. Their annual electricity consumption must also fall below the threshold set by their state/territories. These rates are specific; South Australia, for example, defines a small company as one that consumes less than 160MWh annually.
Your business must therefore be taxed separately from your retailer for your electricity connection.
How to claim?
Households
The Australian Government collaborates with electricity retail outlets to ensure automatic rebates. The $300 benefit is divided into four quarterly payments and will be credited to your electricity bill throughout the year starting July 1, 2024.
If you haven’t been able to receive the rebate within the time frame specified, contact your electricity retailer and ask about the process.
| State | Total Amount | The Energy Bill Relief will be | The first installment will be Applying |
|---|---|---|---|
| QLD | $300 | Quarterly in the 2024-2025 fiscal year | 8 July 2024 |
| ACT, NSW & VIC | $300 | Quarterly in 2024-2025 fiscal year | 19 August 2024 |
Small Businesses
In most cases, small businesses that qualify will receive the rebate from their electricity retailer automatically. The $325 benefit is divided into quarterly installments, just like the households.
| State | Annual electricity Consumption threshold | Total Amount | The Energy Bill Relief will be | The first installment will be Applying |
|---|---|---|---|---|
| QLD | 100MWh | $325 | Quarterly in 2024-2025 fiscal year | 8 July 2024 |
| ACT | 100MWh | $325 | Quarterly in 2024-2025 fiscal year | 19 August 2024 |
| NSW | 100MWh | $325 | Quarterly in 2024-2025 fiscal year | 19 August 2024 |
| SA | 160MWh | $325 | Quarterly in 2024-2025 fiscal year | 19 August 2024 |
| VIC | 40MWh | $325 | Quarterly in 2024-2025 fiscal year | 19 August 2024 |
Find out the thresholds for electricity consumption in your state. Contact your electricity company for clarification if you’re unsure about your eligibility, or haven’t received the rebate installments.
Queensland Customers
This rebate is available to residential and small business customers in Queensland.
For further information please refer to
Australia Energy Bill Refund News
The Australian government is offering a rebate of up to $300 for all Australian households. The rebate is $300 per household in Australia, with payments made quarterly. It will be applied to the electricity bill from July 1, 2024.
The government hopes to lower the cost of living for everyone. Energy bills are an important expense. By reducing energy costs, the government hopes to reduce inflation.
The rebate is in addition to any energy-support program offered by the state, such as Quneensland’s rebate of $1000. This program replaces the $250 concession benefit which expired in June.
The rebate does not have a means test, so all households are eligible for it. Small businesses can also qualify for a $325 rebate.
All We Know
The Energy Relief Grant 2024-25 is designed to provide financial assistance during a time of increasing energy costs. You can benefit from the program if you understand your eligibility, and if necessary, how to apply. This initiative is a direct way for Australians to reduce their high electricity bills.
Most households and small businesses that qualify don’t need to fill out a special application form. In most cases, the rebate will be provided immediately.
FAQs
How can I tell if I am eligible for the Energy Bill Relief payment?
You must be the owner of your account or be listed on your electricity bill.
Please be aware that if you are a member of an embedded network, (such as some apartment blocks, retirement villages, or caravan parks), then you may still qualify for a rebate.
We’re awaiting further information on the rollout from the state governments. Once we have more information, we will update this page.
How do I get my Energy Bill Relief Payment?
You do not need to do anything in most cases to receive this rebate. Your first $75 will be automatically applied to your account by 19 August 2024 for ACT, NSW, SA, or VIC, or 8 July 2024 for QLD.
Please be aware that if you are a member of an embedded network, (for instance, certain apartment buildings, retirement communities, or caravan parks), then you may still qualify for the rebate. We’re awaiting further information on the rollout from the state governments. Once we have more information, we will update this page.
Is this a lump sum payment?
This payment will be divided into quarterly installments during 2024-25, each of which will be $81.25.
