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Victorian Budget 22/23

Cost of living

We know that Victorians are paying too much for their energy bills – that’s why we’re stepping in to help families get the best deal.

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The Victorian Government is giving a once-off $250 payment for all Victorian households that use the Victorian Energy Compare (VEC) website – the Victorian Government’s independent price comparator website – to search for the cheapest electricity deal.

Typically, households can save $330 on energy bills annually by using the website and switching their retailer or plan – meaning that Victorians can save up to $580 through this initiative.

This is on top of targeted programs to support Victorians with:

  • Children starting three-year-old kinder receiving a Kinder Kit to help parents support their children’s early learning
  • Free 30-day public transport travel passes to students experiencing crisis to ensure they can continue to travel to school and support services
  • Additional rebates will be provided by Solar Victoria to eligible households, including renters, to install battery storage systems and solar panels on their homes
  • The VCAL reforms will save many Victorian families up to $1,000 by cutting out of-pocket costs, with students no longer having to pay for essential learning materials for VET studies.

Media release

More energy savings and renewable jobs for VictoriansExternal Link

Reviewed 03 May 2022


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