Last updated on 20th March 2019

How leveraging the best energy rebates and concessions as a VIC senior could save you more

Are you crippled by energy prices? You might be entitled to rebates or concessions that could reduce the cost of your bill.

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What if we told you there’s a way to save more on your power bills? If you’re a VIC resident, and you’ve been stuck with the same electricity provider for several years without comparing other offers, chances are you’re paying too much for energy.

Electricity is a vital expense for many Aussie seniors, who are doing everything they can to save on costs. No matter how diligent you are about turning off the lights and using energy-efficient appliances, sometimes it seems like the bills keep getting higher.

Thanks to a clever comparison service, mature Aussies now have another way to save on electricity, and it could be the most effective method of all. This service has arrived at a time when older Australians are battling increasing electricity prices. Statistics show that rising electricity costs rank as the top concern among Australian consumers.

Electricity and Gas is an Australian comparison service taking power away from the electricity industry and putting it back in the hands of consumers. Now Australians can compare name brand electricity providers all in one place, saving them time and money.

Here’s How You Do It:

Step 1: Select your State below.
Step 2: After answering a few questions, you will have the opportunity to compare quotes in your area and could be eligible for significant savings.

It’s hard enough to manage the bills on a budget, but even harder when those bills are getting higher. That’s why the team at Electricity and Gas has compiled a list of rebates and concessions available in Victoria.

Energy Concessions for Seniors

Each state government offers a discount to Pensioner Concession Card or Seniors Card holders. The title, value and eligibility requirements of these concessions vary from state to state, so be sure to check your state government’s website to confirm what discounts may be available. Some energy companies, such as EnergyAustralia, AGL and OriginEnergy provide concessions to seniors all across Australia.

“EnergyAustralia provides electricity and gas concessions on behalf of the Department of Human Services to customers holding an eligible Centrelink Pensioner Concession Card, Centrelink Health, Department of Veterans’ Affairs Gold Card For All Conditions, Department of Veterans’ Affairs Gold Card (TPI), Department of Veterans’ Affairs Gold Card (EDA), Department of Veterans’ Affairs Gold Card (War Widow), Department of Veterans’ Affairs Gold Card (POW).”*

Energy rebates and discounts

VIC Electricity Rebates

Victoria has nine energy rebates for residential customers:

  • Annual electricity concession
  • Controlled load electricity concession
  • Electricity transfer fee waiver
  • Excess electricity concession
  • Excess gas concession
  • Life support concession
  • Non-mains energy concession
  • Service to property charge concession
  • Winter gas concession

Victorian seniors can receive a discount of 36% off electricity usage charges and 32% off natural gas usage when bills are paid on time. Additional rebates may also be available to electricity account holders with low incomes and health conditions.

Some households can also access discount energy saving products through Victorian Energy Upgrades.

Annual electricity concession

The concession is available year-round and applies to domestic mains electricity usage and service costs. It covers 17.5 per cent of electricity usage and service costs. You must provide your concession card details to your electricity retailer in order to receive the Annual electricity concession.

Controlled load electricity concession

Eligible concession card holders can receive a 13 per cent discount off their controlled load electricity bills. Controlled load usage charges on domestic mains electricity. The concession is only available to households with an eligible dual element electricity meter or dual element smart meter.

Electricity transfer fee waiver

Concession card holders can have their electricity service connected for free when moving into a new house.

Excess electricity concession

If a concession holder finds out that their annual electricity cost is more than they expect (the annual electricity cost is above $2,820) can receive a discount of 17.5 per cent of electricity usage and service costs.

Excess gas concession
A gas account holder whose winter gas costs are above $1,555 can receive a discount of 17.5 per cent of electricity usage and service costs.

Life support concession
The electricity discount is the cost of 1,880 kilowatt hours (470 kilowatt hours per quarter) of electricity each year, calculated using the general domestic tariff of your retailer.

Approved machines are those that use at least 1,880 kilowatt hours of electricity annually. Machines already approved are:

  • Intermittent peritoneal dialysis machines (electricity)
  • Oxygen concentrators (electricity)
  • Haemodialysis machines (electricity and water).

Non-mains energy concession
Concession card holders who source non-mains energy for their heating, cooking and hot water can apply for a concession to help cover their yearly energy costs.

  • Non-mains sources of energy:
  • Liquefied petroleum gas (LPG)
  • Firewood for domestic heating, cooking or hot water
  • Heating oil
  • Electricity accessed via an embedded network
  • Generator fue

Service to property charge concession
If your electricity usage bill is lower than the service charge, concession card holders can have the service charge reduced to the usage cost.

Winter gas concession

Discounts on gas bills are available for eligible concession card holders to help ease the cost of living during the winter months.

For all available concessions, it is best to contact your retailer over the phone or via their website. Your retailer will check your card details with Centrelink and apply the concession to your bill.

For more information, visit https://services.dhhs.vic.gov.au/energy.

How can I reduce my energy bill?

Luckily, as a senior in VIC, you are eligible for multiple rebates and concessions in regards to your energy. However, even if you’re eligible for a rebate, there’s a lot more you can do to save on electricity and gas. If it’s been a while since you last compared energy providers, then you could be paying unnecessary out-of-pocket expenses for energy.

Electricity and Gas is a trusted online service that makes it easy to shop around for an energy provider. In just a few minutes an experienced staff member will be in touch to help you find an affordable energy plan from a name brand provider, saving you time and money.

To see if you could save on energy, just enter your details at ElectricityandGas.com.au to receive a customised quote from an expert staff member. It’s easy to start saving on your electricity bills.

*https://www.energyaustralia.com.au/home/bills-and-accounts/concessions/victoria

This article is opinion only and should not be taken as medical or financial advice. Check with a financial professional before making any decisions.