The Victorian Government has announced a $6 million initiative to save low-income households $500 a year on their bills.
The Making Home Energy More Affordable program will deliver energy efficiency upgrades for 800 concession and low-income households.
It will include replacing appliances, home renovations and installing solar panels, and give households the option to improve their homes with no and low-interest loans.
“The Andrews Labor Government is taking the lead to ensure we have reliable, affordable and sustainable energy,” Energy Minister Lily D’Ambrosio said.
“While power prices are set by the retailers, we’re providing support to help Victorian households take control of their energy use.”
The announcement helps fill a gap left by the closure of the Federal Government’s Low Income Energy Efficiency Programs in 2016 and will reduce household financial stress by saving participants an average of $500 per year on their energy bills.
The program will partner with community organisations to deliver the best outcomes for low-income households.
“This new funding will help reduce costs for low income families and provide lasting benefits to those who need it most,” Member for Broadmeadows Frank McGuire said.
The Labor Government is also increasing access to the Victoria Energy Efficiency Target and Home Energy Efficiency Ratings schemes for vulnerable households.
This funding is the first of several energy efficiency programs to help Victorian families and businesses with their energy bills.
The Energy Efficiency Council applauded the program.
“Many households are struggling with rising energy bills. In the past, governments have focused on short-term handouts,” CEO Luke Menzel said.
“The Andrews Government is being much smarter, helping homes cut their energy use and bills for the long-term.”