Under the new package, energy rebates for concession cardholders will increase by $50 to $285 per year and rebates for other eligible households will increase by $30 to $180 per year.
The package also includes:
- discounts on equipment upgrades for small business to save up to $1900 on their yearly bill.
- discounts for energy efficient lighting and air conditioning upgrades for all households that could lead to bill savings of up to $500 per household per year.
- discounts for up to 23,000 concession cardholders to save up to 50 per cent on the cost of upgrading old fridges and TVs to energy saving models, saving each household an average of around $200 a year.
- an end to unnecessary charges from retailers such as fees for paper bills.
- penalties for retailers who don’t move those eligible for a rebate to a better deal.
- energy saving upgrades for up to 16,500 public housing clients to help the state’s most vulnerable, with participating households to save an average of around $360 per year on their bills.
The amount each household and business saves will depend on the number of upgrades they choose to install and their power usage.
As an example, a household could receive a $200 discount for an energy efficient air conditioner to replace an older heater that will save them about $225 a year on their bill.
Premier Gladys Berejiklian said the government understands rising energy costs are putting pressure on people.
“This is a national issue but the NSW Government is strongly committed to doing what it can to help,” Ms Berejiklian said.