Queenslanders! Here’s how you can get the new $1,000 energy rebate

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The newly announced $1,000 energy bill rebate is meant to halve QLD's average household bill in the 2024-25 financial year.

In what's being claimed as "the biggest cost of living initiative by a state government ever", the $1,000 energy bill rebate will see all households in QLD receive direct savings.

This is nearly double the $550 electricity rebate for the 2023-24 financial year. According to ABS data, it helped lower power bills by 9.5%.

Eligible seniors, pensioners and concession card holders will benefit slightly more with $1,372 off their power bills.

Small businesses can expect to get back $325.

How can I apply for the $1,000 Queensland energy rebate?

Fortunately, households won't have to do a thing, which is always such a relief to hear (we all hate filling out forms don't we!).

The rebates will be directly applied to your account as credit in the next quarter of the 2024-25 financial year.

The same applies for seniors, pensioners, concession card holders and small businesses.

"We are delivering the biggest cost of living relief package in Queensland history to back Queenslanders in the fight against inflation," Queensland premier Steven Miles said in a media release.

That's the biggest ever rebate offered by any government in Australia's history and is expected to save Queenslanders more than $2.5 billion.

"This follows the success of the current $550 rebate provided to households this year, which has helped lower electricity bills by 9.5 per cent and bring down inflation.

"A lower energy bill puts more money back in the pockets of Queenslanders."

Upcoming energy price changes

This news will come as a relief to South East Queenslanders given new electricity prices for the new financial year are currently being determined by the Australian Energy Regulator (AER).

In March 2024, the AER released a 'draft determination' that gives a rough idea of what changes may come. South East QLD electricity prices are expected to go up by $53 for the year from 1 July.

This isn't set in stone though. A 'final determination' is expected to be made towards the end of this month.

For now, just sit back and we'll keep you updated when new electricity prices are announced. But while you're here, it's probably a good idea to compare electricity plans in QLD if you haven't in at least 12 months and ensure you're on the best deal available to you.

Image: @Skitterphoto via Canva.com

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2 Responses

    Default Gravatar
    sueMay 13, 2024

    why do i not have a queensland electricity rebate on my electricity account please?

      AvatarFinder
      SarahMay 13, 2024Finder

      Hi Sue,

      We’re not able to provide you with personal advice regarding your account. You’ll need to contact your energy provider and speak with the customer service deparmtent to enquire about your account.

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