Senior adult woman handling finance from home. Concept of paying bills and doing taxes in kitchen. Wisely planning personal budget and calculating savings. Focused on paperwork while working at home. Engaging with home finances remotely
For and with you
Managing Money

Making the most of electricity and gas rebates and concessions.

3 minute read
Managing Money

Making the most of electricity and gas rebates and concessions.

There are a wide range of rebates and concessions available from governments to try and help consumers deal with the rising cost of household energy. The rebates, concessions and eligibility often change, so be sure to check what is available regularly. 

Here is a summary of what is available: 

StateWhat's available
All states
ACT
  • Electricity, Gas and Water Rebate: If you have an eligible concession card, you may get up to $800 off your energy bill annually. The amount varies with the season. 
  • Life Support Rebate: The rebate of $150 per year is available to people with electrically operated life support devices.
Northern Territory
  • NT Concession Scheme: Members may receive an electricity concession of up to $1,200 annually.
  • Remote Community Residents: If you live in an Indigenous Essential Services remote community, you will receive a once-off instalment of $300 applied directly to your meter.
NSW
  • NSW Gas Rebate: This rebate is $121 per household, per financial year, for eligible concession cardholders using natural gas or bottled Liquefied Petroleum Gas (LPG).
  • NSW Family Energy Rebate: This rebate is up to $250 per household per financial year.
  • Seniors Energy Rebate: This rebate is $250 and is available for self-funded retirees only.
  • Low Income Household Rebate: This rebate is $350 per eligible household per financial year
  • Medical Energy Rebate: This rebate is $350 per eligible household per financial year.
  • Life Support Rebate: This rebate is up to $1,638 per eligible household per financial year, depending on equipment type.
QLD
SA
  • Energy Concession: Up to $274.85 a year is available, with the amount calculated as a flat rate per day and indexed each financial year. This covers energy payments, including fuels used to generate energy like LPG bottled gas and petrol. 
  • SA Concessions Energy Discount Offer: This offer gives you extra discounts of 17% on electricity and 11% on natural gas if your energy retailer is Origin Energy and you already receive the Energy Concession.
Tas

Managing home energy costs can be challenging and it certainly requires ongoing attention. But as energy costs continue to rise and we all strive to reduce the impact we have on the environment, it’s never been more important.


Also in Managing Money

Cutting petrol costs – Simple habits for big savings

Cutting petrol costs – Simple habits for big savings

Your petrol buying habits can save you money. We think its possible for most car owners to save up to $300 a year on petrol by using these tactics.

View article
Take control – Managing your money with alerts

Take control – Managing your money with alerts

Setting up alerts in Internet Banking is an easy way to stay on top of what’s happening with your money. Find out how with these money management tips.

View article
Be smart with your spending in the new Beyond Bank+ app

Be smart with your spending in the new Beyond Bank+ app

How you spend your money can make a difference in enjoying your life, both now and in the future. Beyond Bank+ app helps track spending, categorise transactions, and gain financial clarity.

View article