Rebates and assistance


Power Saving Bonus for all Victorian households


The Power Saving Bonus (PSB) is a one-off $250 payment to Victorian households who look for a better energy deal on the Victorian Energy Compare website.

The new $250 payment builds on the existing PSB program, previously available to eligible concession card holders.

Please note: The department does not administer this program. For more information and to make further enquiries, visit the Victorian Energy Compare website or see contact details further below.


To be eligible for the PSB you must be:

  • a Victorian residential energy consumer (i.e. have a residential electricity account)
  • the account holder.

Only one payment is available per household.

On 24 March 2023, a new round of the PSB program commenced. Victorian households are now able to receive a new $250 payment, including any households that received a payment through previous rounds of the program.


Administered by: Victorian Government

WebsiteVictorian Energy Compare

Phone: 1800 000 832