The WA Government has taken action to ease high living costs by introducing a credit on household electricity bills.
As part of the 2023-24 Budget, the WA Labor Government introduced a $400 Household Electricity Credit.
This credit will be split into two payments. The first $200 will automatically reduce your Synergy and Horizon electricity accounts, significantly reducing your July-August power bill.
The second $200 payment will arrive in the November-December billing cycle, providing relief during the colder winter months.
Here’s what this means for you:
- You’ll receive a minimum $400 credit over two payments for your residential household.
- If you’re one of the roughly 350,000 vulnerable households receiving the Energy Assistance Payment, you’ll get an extra $500 distributed in two $250 instalments.
- Small businesses using up to 50MWh of electricity annually are eligible for a $650 credit.
The Household Electricity Credit is part of the WA Government’s $715 million cost of living package for the 2023-23 Budget. They have teamed up with the National Energy Bill Relief Fund, which includes a $116 million contribution from the Commonwealth Government.
WA Premier Roger Cook said he understands the challenges residents face due to rising interest rates and living costs. “That’s why my Government is proud to provide relief on electricity bills,” he said. “Every WA household will benefit from this credit, with extra support for those most in need.”
Treasurer Rita Saffioti emphasised the government’s efforts to keep increases in household fees and charges below 2.4% and the projected level of inflation.
Energy Minister Bill Johnston said he was thrilled to be part of a government prioritising WA families. “In WA, our electricity prices are much lower than the double-digit increases imposed on households on the east coast,” he said.
For more information about the Household Electricity Credit, visit www.wa.gov.au.