By Alon Bidden
Published on:
The Australian Government is introducing the Energy Relief Grant 2024-25, allocating $3.5 billion to help manage rising electricity costs.
This initiative provides rebates on electricity bills to all Australian households and eligible small businesses, aiming to reduce the financial burden caused by high energy prices.
Here’s everything you need to know about the Energy Relief Grant, including eligibility criteria and how to claim it.
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With the cost of living increasing, the Australian Government has implemented the Energy Relief Grant 2024-25 to alleviate the financial pressure of high energy bills. This grant is designed to provide direct financial relief to households and small businesses through electricity bill rebates.
The Energy Relief Grant is categorized into two main recipient groups: households and small businesses. Each group has specific eligibility requirements.
The Australian Government is providing a one-year rebate to help ease the burden of rising energy costs. This initiative includes:
The rebate is not means-tested, meaning all households are eligible regardless of income. This rebate is in addition to any state-based energy support programs, such as Queensland’s $1000 rebate, and replaces the previous $250 concession benefit that expired in June.
The Energy Relief Grant 2024-25 is a significant initiative by the Australian Government to provide financial support to households and small businesses facing rising energy costs.
By understanding your eligibility and the automatic application process, you can ensure you benefit from this program. The grant aims to reduce living costs and help manage the economic impact of high electricity prices.
Payments will start from July 1, 2024.
Households will receive a $300 rebate annually, applied in quarterly installments.
Small businesses will receive a $325 rebate annually, applied in quarterly installments.
No, the rebates will be automatically applied to your electricity bills if you meet the eligibility criteria.
Contact your electricity retailer to verify your eligibility and ensure the rebate is applied to your account.
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