HomeNewsBriefCash back in Bundaberg Region pockets

Cash back in Bundaberg Region pockets

power bill cash back
Minister for Energy, Renewables and Hydrogen Mick de Brenni said the Asset Ownership Dividend would appear on power bills from this month.

The State Government has announced more than 119,000 households across the Wide Bay Burnett, including in the Bundaberg Region, will save $50 off their power bill.

It comes as the state’s publicly-owned power assets deliver their fifth dividend in four years. 

Minister for Energy, Renewables and Hydrogen Mick de Brenni said the Asset Ownership Dividend would appear on power bills from this month.

“Every dollar counts right now for Queensland households,” Mr de Brenni said.

“In good news for the whole state, Queensland households will receive $50 off their upcoming power bills because we own our power assets – the generators, the transmission and the distribution.

“And we’ve arranged with electricity providers to automatically apply the credit, so Queenslanders don’t have to apply.”

Minister de Brenni said the $100 million in dividends was part of more than $350 million in rebates and dividends to directly help Queensland households and businesses with the cost of their utilities this financial year.

“Under our 2021-22 budget, we’re also investing $231 million to help pensioners, seniors and veterans with their electricity and gas bills, $10 million in emergency energy payments and $9.1 million to help around 1700 regional businesses adjust to new tariffs,” he said.

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