A re-elected NSW Liberal and Nationals Government will slash energy bills by $250 and help local households unlock up to $400 in further savings by switching to a better deal.

The NSW Energy Bill Saver program will allow households to receive $250 off their energy bills by simply comparing their current energy deal. They could also unlock up to $400 in further savings by switching energy plans to a lower deal.

State Member for Ku-ring-gai Alister Henskens SC said the Liberals and Nationals will deliver energy bill relief to hardworking NSW families.

“Local households are feeling the pressure on their budget which is why we’re delivering immediate bill relief as well as helping them get a better energy deal,” Mr Henskens said.

“This $250 short-term saving is relief for today while also helping families slash their bills into the future.”

“NSW Labor are not providing any support to households and their talk of nationalising the network is putting the important modernisation of our energy system at risk.”

Eligibility will be open to every household in NSW, including existing rebate recipients. The comparison tool will be provided by Service NSW and households will still receive $250 off their energy bill even if they don’t switch plans.

Households are encouraged to shop around for a better deal right now by heading to the Energy Made Easy website. Switching providers between now and 1 July won't prevent households from being eligible for the $250 if they search again when the program launches.

Up to two million households are expected to take up this program, with the Liberals and Nationals committing $500 million to the NSW Energy Bill Saver.

The NSW Energy Bill Saver will be available from 1 July through to 31 December 2023.