New South Wales state budget 2022-23 allocates the following measures to contain rising costs of energy to consumers:
- The Low Income Household Rebate (LIHR) helps low income NSW households cover the costs of their energy bills. Households receive the rebate as a credit on each quarterly energy bill, up to a total of $285 per year.
- Energy Bill Buster Program to help eligible households reduce their gas and electricity bills by providing technological solutions such as swapping rebates for solar panels or more efficient appliances.
But NSW Treasurer Matt Kean has also allocated $128 million over the next eight years to the