Queensland households are set to receive a significant boost with a $1000 energy bill discount.
The initiative comes as part of a $2.5 billion government initiative to ease the burden of rising living costs.
Stay up-to-date on the latest news with The Queensland Briefing – keeping you in the loop with news as it hits:
Premier Steven Miles made the announcement on Thursday, emphasising the urgency of providing relief as power prices continue to rise across the state.
“I said we would use the budget to deliver cost of living relief but I’ve decided it’s too urgent to wait that long,” Mr Miles said.
“We are delivering the biggest cost of living relief package in Queensland history to back Queenslanders in the fight against inflation.”
The rebate will be applicable to bills starting from July, with many Queenslanders not required to pay any amount until 2025.
According to the statement, Seniors and concession card holders will receive additional support with a $1372 rebate, while small businesses will continue to benefit from a $325 rebate.
Deputy Premier Cameron Dick said this initiative, funded by the state’s coal royalties, is expected to save Queenslanders over $2.5 billion.
In just a week, the federal budget is also anticipated to provide energy relief to households, following last year’s distribution of a $500 rebate to residents and $650 to small businesses.
Subscribe to The Briefing, Australia’s fastest-growing news podcast on LiSTNR today. The Briefing serves up the latest news and deep dives on topics affecting you, all in under 20 minutes.