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The Tasmanian Government has announced the 2025 Renewable Energy Dividend (RED) payment will be paid to eligible Tasmanian electricity account holders commencing May 2025.
The RED payment is intended to provide cost-of-living relief and ensure Tasmanians share in the state’s renewable energy future.
Aurora Energy will deliver this payment to all its residential customers.
The Renewable Energy Dividend ensures Tasmanians benefit from the profits made by Hydro Tasmania.
Under the Renewable Energy Dividend scheme, every year that Hydro Tasmania returns dividends more than $90 million, Tasmanians will directly share in it.
To assist Tasmanians with the cost-of-living pressures this one-off payment of $60 will be available to all residential customers.
All Tasmanian residential electricity account holders will receive a payment of $60 on their electricity bill.
Payments will appear on customer electricity bills from May 2025.
One payment per customer applies. Customers with multiple properties will not receive multiple payments.
There is nothing customers need to do to apply. Please note that refunds of the payments are not permitted.
Please note that small businesses received a one-off Renewable Energy Dividend in 2023-24 due to the Tasmanian Government “Super Charging” the payment. The 2024-25 RED payment will only be available for residential customers.
