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 Victoria’s Energy Compare website.

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


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

The previous PSB, available for concession recipients only, closed on 30 June 2022.

Anyone who has previously claimed the PSB will be able to claim the new payment again from 1 July 2022.

Next steps

For more information or to apply, go to the Victorian Energy Compare website.

If you are having trouble submitting an application, contact the email support team at or phone 1800 000 VEC (832).