Market Update | 28 March 2025

• Final Energy Rebate Payment Arriving This Month for Millions
• Green Industry Prioritised in Budget, Household Energy Support Absent
• PRCs see a steady increase in the spot while the LGC spot softens

Final Energy Rebate Payment Arriving This Month for Millions

Millions of Australians will receive the last $75 of the $300 Energy Rebate in March 2025, a government initiative designed to ease rising electricity costs. This final installment of the Energy Bill Relief Fund aims to provide crucial cost-of-living support amidst ongoing inflation. The rebate is expected to not only offer immediate financial relief to households but also stimulate the broader economy by increasing disposable income.

The government’s Energy Rebate program, extended due to persistent high energy prices, has broad eligibility to ensure wide reach. While providing immediate assistance, the initiative also serves as a reminder for households to consider long-term energy-saving practices as utility costs remain a significant concern across the country.

Green Industry Prioritised in Budget, Household Energy Support Absent

The federal budget allocates $3 billion to boost Australia’s green aluminium and iron industries, a key step towards net zero. However, households hoping for support with rooftop solar batteries and energy management were left disappointed, with no new subsidies or loan programs announced. This omission comes despite ongoing pressure to reduce household energy costs, a government commitment.

While existing electricity bill rebates of $75 per quarter have been extended until December 2025, clean energy advocates argue this provides only temporary relief. They have long called for initiatives to lower the upfront cost of household batteries, which they say would offer more sustainable energy savings and grid benefits. The budget’s focus on green industry over direct household energy support is likely to spark further debate on the government’s energy affordability strategy.

At Ecovantage, we consistently analyse market activity, policy changes, consultation releases, and creation rates in conjunction with wider landscape activity. This allows us to keep our clients at the forefront of all relevant changes, and to leverage the advantage that this presents. Thank you for your continued support, and please reach out if you have any general or project-specific questions.

Nancy Sanjoto | Account Manager, Energy & Carbon Services
Nancy specialises in HEER & IHEAB activities under the NSW ESS program, as well as LGCs under the federal Renewable Energy Target.