$250 Power Saving Bonus

The Power Saving Bonus is a one-off $250 payment from the Victorian Government to help you cover the cost of your energy bill. If you need help accessing the Power Saving Bonus, we can assist you. Find out more about how we can help by referring to the ‘How do I apply?’ section on this page.


Am I eligible?

From 1 July, the $250 Power Saving Bonus is available to all Victorian households with a residential electricity account. To apply for the Bonus, you must be the account holder of your household’s electricity account. Only one payment can be claimed per household.


What do I need for the application process?

You will need to provide a copy of your electricity bill. You may be requested to provide additional documentation.

Frequently Asked Questions

How many people per household can apply?

Only one payment is available per household.

How long does it take to receive the Power Saving Bonus?

You should receive your $250 payment via Electronic Fund Transfer (EFT) within 2-3 weeks of applying for it. Cheque payments will take a little longer to process, but it should be received within 4 weeks.

Yes, if you received the $50 Power Saving Bonus and/or the $250 Power Saving Bonus for concession recipients and meet the eligibility requirements of the new $250 Bonus, then your household can apply for the $250 payment.



When applying for the $250 Bonus, you will be asked to provide certain information to confirm your eligibility.

Your use of Victorian Energy Compare and the Power Saving Bonus is governed by the Victorian Energy Compare website’s privacy statement.


How do I apply?

ECCV is here to help you apply for the $250 Power Saving Bonus. To contact us, call us on 0466 038 261 or email us at psb3@eccv.org.au. As we anticipate high demand for this program, we kindly ask for your patience. We endeavour to respond to all inquiries as soon as practicable.

For more information about the Power Saving Bonus, visit www.compare.energy.vic.gov.au.

What is the $250 Power Saving Bonus?

The $250 Power Saving Bonus is a one-off payment to support Victorian households during the coronavirus (COVID-19) pandemic. It is available to households with at least one eligible concession cardholder.

Only one Bonus is available per household.

Proudly supported by the Victorian Government.