The Government is offering a $50 bonus to each household that uses the Victorian Energy Compare website between 1 July and 31 December, 2018. You are not even required to take up an offer or switch plans in order to claim your $50.
‘We know there are better [energy] deals out there for Victorian families – this is about getting them on the website to find them… Big power companies rely on people not having the time, information or knowledge to get a better deal. That changes now.’
– Premier Daniel Andrews.
Last year’s independent bipartisan report on Victoria’s electricity and gas retail markets highlighted that Victorian consumers are not gaining the benefits of a competitive retail market. The review recommended a suite of reforms and initiatives, with 29 recommendations in total to place the consumers back on a level playing field. The recommendations included that the Victorian Government’s customer engagement program should continue to focus on improving consumer awareness of the competitive market; and to promote the Victorian Energy Compare website.
The Government has now announced that all Victorian households will receive a $50 bonus payment if they use the Victorian Energy Compare website, potentially saving them hundreds of dollars.