The $300 energy rebate announced in the Federal Labor Budget this week will be shown as a $75 credit on your quarterly energy bill.
The energy rebate won’t be means tested. It will be paid per household, irrespective of how much you earn or how much energy you use.
As CHOICE Magazine points out, it will not be deposited into your bank account either: “Your power company is in charge of applying the $300 rebate, so you won’t be receiving any government deposits in your account.”
In that way it works like the government rebate on private health insurance companies – it’s really about propping up the bottom line of the service provider rather than channeling money directly to the households that are struggling the most.
Meanwhile, CHOICE says there are many more ways available to reduce your energy bill. They include: getting the temperature settings right on your air conditioning; researching the cheapest way to heat your home; turning off your appliances at the powerpoint; choosing an energy-efficient home entertainment system; avoiding power-hungry appliances and making changes like draft proofing your home.
The group Climate Future has an excellent Community Plan full of practical advice about how we can use less energy and achieve net zero.