One-third of NSW households to access payments for solar, white goods | AlexSmithSMH
One-third of NSW households will be able to access 10 years of upfront payments to put towards a solar system or white goods, under a new NSW government program to cut energy bills as power prices soar.
If those households also have gas, they are entitled to an extra $110 subsidy, taking their annual payment to $385. “Our strong financial management is helping grow the economy, which means more money for services, community amenity and less pressure on households. This announcement is helping build what matters to make daily life better.”NSW Treasurer Matt Kean said the package would help ease cost of living pressures as Russia’s invasion of Ukraine and supply chain disruptions push up energy prices.
It followed the Australian Energy Regulator warning there will be double-digit jumps in household and small business bills across the country within weeks with price caps on what retailers can charge set to rise.
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