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If you applied and have not received payment or heard from us within four to six weeks, please contact us. The credit was announced as part of the 2022-23 State Budget to assist WA households with cost of living pressures and has been paid for by the stronger than expected Budget . To be eligible, your residential customer account must have been open on 12 May 2022. (c) Synergy received significant additional operating subsidies in 2020-21 primarily as a result of administering the $600 Household Electricity Credit. WA's $600 Household Electricity Credit starts this weekend The WA Government will be clawing back some of its Household Electricity Credit through more expensive electricity and reduced feed-in tariffs. The credit will be paid by EFT directly into your nominated bank account. The Commissioner may withhold payment if you provide incomplete or misleading information. Finder Wallet's services are not covered by the Australian Government Guarantee on Deposits. "It's even more important now, as we continue on our State's recovery from COVID-19. Improving your energy efficiency doesnt have to be difficult. Terms and Conditions for these Household Electricity Credit payments are available below. The Western Australian government's newly unveiled 2022/2023 budget brings a slight relief to households struggling with the rising cost of living. The WA government announced the $400 Household Electricity Credit, which is scheduled to reach customers living on the Synergy and Horizon Power networks from July 2022. (b) In determining the dividend payment to the general government sector, Net Profit After Tax may be adjusted based on other factors as permitted by relevant legislation. We also provide general advice on credit products under our own Credit Licence ACL 385509. "I encourage those in need to reach out to their electricity retailer and ask for support.". Grants & Subsidies. This will provide $644 million of financial relief to around 1.1 million Western Australian households. All contents copyright Government of Western Australia. Headlining the WA announcement is the 'Clean Energy Car Fund' which will include a claimed $36.5 million in taxpayer dollars to pay for up to 10,000 rebates of $3500 each, to Western Australians who buy a new EV or hydrogen fuel-cell vehicle (FCEV) up to a value of $70,000. Mr Fuller said. Every West Australian household will receive a $600 one-off credit towards their next electricity bill as part of the 202021 state budget, the State Government has announced.