04 August 2023

More than 300,000 small businesses will start receiving power bill rebates as the Minns Labor Government fulfils its election promise to deliver energy price relief.

Eligible small businesses using less than 100 megawatt hours of electricity per year will receive $650 towards their electricity bills.

Small businesses have not been able to access NSW energy rebates until now.

Member for Blue Mountains and Parliamentary Secretary for Environment, Heritage, Climate Change and Energy, Trish Doyle said “Small businesses and families are doing it really tough right now. The Energy and Bill Relief Fund will help hundreds of thousands of businesses pay their bills, delivering support when its needed.”

Eligible small business retail customers do not need to do anything as their retailer will apply the energy bill relief to their electricity account from 31 July 2023 in quarterly instalments.

Small businesses that are part of an embedded network (for example, located in a shopping centre) will be able to apply from October 2023.

NSW Environment Minister, Penny Sharpe said “The Government was elected to provide real support for small businesses and that is exactly what we are delivering.”

In addition to the relief for small business, 1.6 million eligible low-income households, pensioners, self-funded retirees, families, veterans, carers and people who use life support equipment will receive $500 to help pay their electricity bills.

Most eligible households will receive the Energy Bill Relief payment automatically. The NSW Government is encouraging all households to check their eligibility for NSW energy rebates with their retailer or on the Service NSW website and apply if needed.

Premier Chris Minns said “If you’re an eligible business or a household, check that you’re getting a rebate. We want everyone who is eligible getting this help.”

The Energy Bill Relief payments are being delivered by the NSW Government under a partnership with the Commonwealth. It includes $485 million pledged by the NSW Government and $481 million by the Commonwealth Government to provide targeted, temporary energy bill relief in the 2023-2024 financial year.

Ms Doyle said “I am pleased the NSW Labor Government is supporting our small businesses in this way and I also look forward to working with my colleague Susan Templeman MP to share important information about State and Federal initiatives amongst our community.”