Millions of Victorians will be eligible to receive a $100 Power Saving Bonus payment starting this week, in an attempt by the state government to help ease cost-of-living pressures.

Victorian premier Jacinta Allan announced on X the opening of Power Saving Bonus applications to eligible households on Monday.

The $100 Power Saving Bonus is a one-off payment to provide “direct support” to Victorians in need and to “encourages Victorians to compare their household energy prices and save money”, according to Victorian Energy.

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Applications for the bonus will be open from August 25.

Eligibility

To be eligible for the $100 Power Saving Bonus, Victorian households need to hold a valid concession card and have a recent residential electricity bill.

Eligible concession cards include:

• Health Care Card
• Pensioner Concession Card
• Veterans’ Affairs Pensioner Concession Card
• Veterans’ Affairs Gold Card

Those who are renting, living in retirement villages or caravan parks are also eligible if they hold an eligible concession card and an energy account with a matching address.

Victorians who live in a household with multiple concession cardholders will only be eligible for one payment per household.

Households that are off the grid and do not have a residential energy account are not eligible.

How to apply

Eligible Victorians will be able to apply online where they will be prompted to add their details, including name, email address and phone number.

For people who cannot access the website, help can be found on 1800 000 832.

Successful applications should receive the payment within 2–3 weeks of submission, while cheque payments to eligible applications should be received within 4–6 weeks