The Rockliff Liberal Government will deliver millions of dollars in energy bill relief to Tasmanians as the second step in our Tasmania First Energy Guarantee.
“On Friday, I announced that my Government would secure a future for the Marinus Link Project that puts Tasmania first, as part of our Energy Guarantee,” Premier Jeremy Rockliff said.
“Yesterday, I was pleased to announce that we will deliver our first Renewable Energy Dividend to all Tasmanians this financial year, earlier than forecast in my February address.
“Hydro was built by Tasmanians, for Tasmanians, and now Tasmanians will rightly reap the rewards of this Tasmanian success story.
“As I flagged in my State of the State speech, we are introducing a new Renewable Energy Dividend.
” The Renewable Energy Dividend (the RED scheme) means when Hydro makes money, Tasmanians save money.
“Just like shareholders receive a dividend when a business is making a profit, Tasmanians will now directly share in Hydro’s profits, and the benefits will expand as future energy projects come online.
“Under the RED scheme, every ye