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All Victorian households are eligible for a $250 one-off payment from today thanks to the Victorian government’s Power Saving Bonus program.
Victoria Premier Daniel Andrews announced the payments, which will cost the state $250 million, back in May ahead of the state budget, saying they were designed to help people manage the rising costs of living.

Here’s everything to know about the payment and how to get it.

All Victorian households will be given a one-off $250 payment to cope with the cost of living.
All Victorian households will be given a one-off $250 payment to cope with the cost of living. (Bloomberg)

First things first, am I eligible for this payment?

Every Victorian household will receive a one-off $250 payment to help lower the burden of energy prices.

Why is the Victorian government doing this?

The announcement was part of a Dan Andrews spend initiative ahead of his pre-election budget. The power program will run for one year, starting on July 1 to June 30, 2023.

Victoria Premier Dan Andrews claims seven out of 10 Victorians can save an additional $330 off their energy bills every year by finding a more competitive power deal.

Combined with the $250, he said Victorians will be almost $600 better off annually.

When will the payment arrive?

From July 1, payments will be made into the bank account used in your online registration.

What if I can’t get online?

Ring the Victorian energy compare helpline 1800 000 VEC and apply to receive a cheque within a four week period.

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