2024 Household and Small Business Electricity Credit

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The WA and Australian Governments are jointly funding one-off credits of $700 to households and $725 to small businesses to reduce electricity bills for eligible customers.
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Small business electricity credits

2024 Household and Small Business Electricity Credit

On 9 May 2024 the WA Government announced a one-off credit of $400 to reduce electricity bills for eligible residential and small business customers as part of the 2024-25 State Budget commitments to ease cost-of-living pressures. The Australian Government 2024-25 Budget included a further $300 credit for households and $325 for small businesses.

Joint Media Statement - JOINT HOUSEHOLD ELECTRICITY CREDITS TO ROLL OUT NEXT MONTH

If your household or small business electricity account is with Synergy or Horizon Power, you do not need to do anything. Synergy and Horizon Power will apply the credit directly to eligible electricity accounts automatically over two payments of $350 for households and $362.50 for small businesses in the July-August billing cycle and the December-January billing cycle. Further information is available on the Synergy and Horizon Power websites.

For households that do not have an account with Synergy or Horizon Power, applications for assistance are expected to open in July through the Department of Finance (RevenueWA).

Applications for the credit for small businesses that receive their electricity through an embedded network supply arrangement are now open via the Small Business Development Corporation. Applications close 31 January 2025.

 

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