A one-off, $250 energy payment will be paid out to every Tasmanian household in the coming months.
The cost-of-living relief is part of the re-elected Liberal government’s 2030 Strong Plan for Tasmania’s Future and will provide support to those “doing it tough”.
“Tasmanians currently have the lowest regulated electricity prices in the nation, supported by our concessions, but we know Tasmanians are feeling the pinch,” Premier Jeremy Rockliff said.
He said to help ease the burden, $250 is on offer for households and $300 for small businesses this financial year toward upcoming winter bills.
Around 254,000 households and 35,000 small businesses will benefit from the Renewable Energy Dividend scheme.
Under the scheme, every year that Hydro returns dividends in excess of $90 million, Tasmanians directly share in it, Rockliff said.
All Hydro dividends up to $90 million per year are returned to the Government, which is then used to invest in essential services like health and education.