Queensland Government announce $50 electricity bill credit

Yesterday, the Queensland government announced it would be introducing a $50 electricity bill credit for households, due to the Covid-19 pandemic. 

The $50 credit will be added onto a customer’s next electricity bill and is expected to reach two million Queensland homeowners, tenants and customers who receive an electricity bill from their landlord. 

Queensland Energy Minister, Dr Anthony Lynham has also confirmed that another $50 credit will be distributed in 2021.

According to Lyhnam, the government’s ability to provide these credits is a result of the dividends from publicly-owned power assets. 

“Queensland has the energy trifecta: lowest average prices on the eastern seaboard, reliable supply and a planned transition to a renewable future,” he said.

“Unlike other states, the dividends from our publicly-owned companies flow not to multinational shareholders overseas, but to Queensland families across the state.”

This power bill relief package is the second to come out due to the Covid-19 pandemic. Earlier this year, the QLD government announced it would be releasing a $300 million relief package, providing utility bill credits of up to $200 to households. 

How Queenslanders could save big on their energy bills 

With the good news that some power bill relief is on the way for millions of Queenslanders, Mozo data has shown there is another way households can make a difference to their annual bill. 

On July 1 2020, energy retailers across the country announced whether they would be cutting or hiking prices for the customers. 

Mozo recorded energy price cuts in Queensland of between 3.60% to 17.09% across twelve retailers, including Origin Energy, Simply Energy and Powershop. This means there are savings to be made from a range of retailers. 

So, if it’s been a while since you last took a look at your energy deal, head on over to our energy comparison tool to make a switch today!

Or if you’re not from Queensland and want to find out if prices have fallen in your state, check out our energy price updates page.