The Queensland government says it is the biggest-ever cost of living initiative by a state.
Premier Steven Miles and Treasurer Cameron Dick say the program will save Queensland residents more than $2.5 billion and is the largestThis is what you need to know about the scheme, including who's eligible, when it comes into effect, and how you'll receive the rebate.
Every household in Queensland will get a $1000 discount on their electricity bills next financial year. Households will get $1000 off their electricity bills. Assuming the policy passes parliament, it will come into effect on July 1 – just a few months before the state election in October.The Queensland government says every household in the state will receive the rebates.
In fact, with the average quarterly electricity bill in Queensland sitting at $315, according to Canstar, the rebate will likely cover multiple bills, meaning households may not incur any out-of-pocket electricity costs until 2025. "Every single Queensland household will get $1000 off their energy bills in the second half of this year," Dick said.
"That's the biggest ever rebate offered by any government in Australia's history and is expected to save Queenslanders more than $2.5 billion."
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