Monday 7 February 2011

What Keneally's promise to help with electricity charges means to the average worker, pensioner or independent retiree on the NSW North Coast


This is what the NSW Government Industry and Investment website had to say about the Energy Rebate on 5 February 2011:

The Energy Rebate was increased from $130 a year to $145 per year on 1 July 2010. The Rebate will be further increased to $161 from 1 July 2011. These increases reflect the average rise in regulated electricity prices. Also from 1 July 2010, eligibility for the Energy Rebate was expanded to include all customers who hold Health Care Cards.

Am I eligible for the Energy Rebate?

The Energy Rebate is now available to all electricity account holders who hold either a:

· Pensioner Concession Card issued by either Centrelink or the Department of Veterans' Affairs (DVA)

· Gold Card issued by the Department of Veterans' Affairs marked with either:
-War Widow or War Widower Pension
-Totally and Permanently Incapacitated (TPI)
-Disability Pension

· Health care card issued by Centrelink as a result of receiving one of a number of income support payments from the Commonwealth.

If you hold an eligible card and have not yet registered for the Energy Rebate you should contact your retailer.

Any customer receiving the Energy Rebate prior to 1 July 2010 will continue to receive the Rebate and will automatically receive the increased amount, if they continue to hold a valid and eligible card.

How do I obtain the rebate?

If you think you are eligible for the rebate or would like to ask some more questions, contact your electricity supplier or your local electricity distributor. Contact phone numbers can be found on your electricity bill.

This is what the Keneally Government announced on 6 February 2011 as part of an opening salvo in its re-election campaign:

The Energy Rebate will be increased from $161 to $250 from July 1, while eligibility for the rebate will be extended to households with a combined income of under $150,000.

What this means is that if you have a Health Care Card or equivalent and your quarterly electricity charges came to a frugal $200 in any energy bill received after 1 July 2011, then the new Energy Rebate would reduce your actual payment (with GST added) to around $153 instead of the $181 or so you would pay now.

Families without the Heath Care Card but with a combined income of under $150,000 will be eligible for the Energy Rebate on 1 July 2012.

The worrying issue is the NSW Labor statement that this new scale will mean that families save $1000 in electricity bills over the life of the plan - which indicates that the annual $250 rebate may only be guaranteed for the next four financial years.

Keneally's launch of Fairness for Families can be found here.

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