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Tasmania First Energy Guarantee Supercharged Hydro Renewable Energy Dividend | Premier of Tasmania
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href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/more-buses-half-the-fare">More Buses – Half the Fare</a> </li> <li class="a354369"> <a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/making-it-easier-for-tasmanians-to-own-their-own-home-5-short-stay-levy">Making it easier for Tasmanians to own their own home - 5% Short Stay Levy</a> </li> <li class="a354374"> <a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/making-it-easier-for-tasmanians-to-own-their-own-home-stamping-out-stamp-duty-for-first-home-buyers">Making it easier for Tasmanians to own their own home - Stamping out Stamp Duty for First Home Buyers</a> </li> <li class="a354378"> <a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/unlocking-more-affordable-rentals-for-tasmanians-strong-plan-for-tasmanian-renters">Unlocking more affordable rentals for Tasmanians - Strong Plan for Tasmanian Renters</a> </li> <li class="a354382"> <a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/tasmania-first-energy-guarantee-supercharged-hydro-renewable-energy-dividend">Tasmania First Energy Guarantee Supercharged Hydro Renewable Energy Dividend</a> </li> <li class="a354386"> <a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/growing-our-housing-supply">Growing our Housing Supply</a> </li> <li class="a354391"> <a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/relieving-land-tax-pressures">Relieving Land Tax Pressures</a> </li> <li class="a354396"> <a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/10,000-social-and-affordable-homes-for-tasmanians">10,000 Social and Affordable Homes for Tasmanians</a> </li> <li class="a354400"> <a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/more-quality-childcare-and-early-education-for-tasmanian-families">More Quality Childcare and Early Education for Tasmanian Families</a> </li> <li class="a354404"> <a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/supporting-stronger-communities">Supporting Stronger Communities</a> </li> <li class="a354408"> <a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/doubling-our-healthy-school-lunches-program">Doubling our Healthy School Lunches Program</a> </li> </ul> </div> </li> <li class="a352589"> <a class="submenu-link" href="https://www.premier.tas.gov.au/our-plan/building-an-even-better-health-system">Building an Even Better Health System</a> <button class="submenu-btn icon-left" type="button" aria-expanded="false" aria-controls="nav-building_an_even_better_health_system-n">Building an Even Better Health System</button> <div id="nav-building_an_even_better_health_system-n" class="dropdown-row submenu" tabindex="-1"> <ul class="child-items l03"> <li><a href="https://www.premier.tas.gov.au/our-plan/building-an-even-better-health-system">Overview</a></li> <li class="a356188"> <a href="https://www.premier.tas.gov.au/our-plan/building-an-even-better-health-system/our-nation-leading-gp-guarantee">Our Nation-Leading GP Guarantee</a> </li> <li class="a356192"> <a href="https://www.premier.tas.gov.au/our-plan/building-an-even-better-health-system/site-confirmed-for-launceston-hospice">Site confirmed for Launceston hospice</a> </li> <li class="a356196"> <a href="https://www.premier.tas.gov.au/our-plan/building-an-even-better-health-system/more-paramedics-out-saving-lives">More Paramedics Out Saving Lives</a> </li> <li class="a356200"> <a href="https://www.premier.tas.gov.au/our-plan/building-an-even-better-health-system/building-a-better-health-system">Building a Better Health System</a> </li> <li class="a356204"> <a href="https://www.premier.tas.gov.au/our-plan/building-an-even-better-health-system/delivering-more-hospital-and-health-services">Delivering More Hospital and Health Services</a> </li> <li class="a356208"> <a href="https://www.premier.tas.gov.au/our-plan/building-an-even-better-health-system/strengthening-mental-health-services-for-tasmanians">Strengthening Mental Health Services for Tasmanians</a> </li> <li class="a356212"> <a href="https://www.premier.tas.gov.au/our-plan/building-an-even-better-health-system/delivering-the-nations-best-parent-support-service-for-mothers-and-babies">Delivering the Nation’s Best Parent Support Service for Mothers and Babies</a> </li> </ul> </div> </li> <li class="a352593"> <a class="submenu-link" href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy">Our Strong Plan for a Stronger Economy</a> <button class="submenu-btn icon-left" type="button" aria-expanded="false" aria-controls="nav-our_strong_plan_for_a_stronger_economy-n">Our Strong Plan for a Stronger Economy</button> <div id="nav-our_strong_plan_for_a_stronger_economy-n" class="dropdown-row submenu" tabindex="-1"> <ul class="child-items l03"> <li><a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy">Overview</a></li> <li class="a356073"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/supporting-tasmanian-small-businesses">Supporting Tasmanian Small Businesses</a> </li> <li class="a356077"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/earth-works-training-dig,-drive,-go">Earth Works Training – Dig, Drive, Go</a> </li> <li class="a356081"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/tasmania-first-energy-guarantee-our-strong-plan-to-return-hydro-to-its-foundational-principles">Tasmania First Energy Guarantee - Our Strong Plan to return Hydro to its Foundational Principles</a> </li> <li class="a356085"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/skys-the-limit-for-hydro">Sky’s the Limit for Hydro</a> </li> <li class="a356089"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/creating-the-energy-tasmania-needs">Creating the Energy Tasmania Needs</a> </li> <li class="a356093"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/boosting-the-future-of-hospitality-in-tasmania">Boosting the Future of Hospitality in Tasmania</a> </li> <li class="a356098"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/growing-incats-future">Growing Incat’s Future</a> </li> <li class="a356102"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/a-strong-plan-to-grow-tasmanias-salmon-industry">A Strong Plan to grow Tasmania’s salmon industry</a> </li> <li class="a356106"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/keep-tasmanias-forestry-industry-strong">Keep Tasmania’s Forestry Industry Strong</a> </li> <li class="a356110"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/backing-our-world-class-salmon-industry">Backing our World-Class Salmon Industry</a> </li> <li class="a356114"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/mining-to-support-our-future">Mining to Support our Future</a> </li> <li class="a356118"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/strong-plan-to-secure-the-future-of-our-native-sawmill-industry">Strong Plan to Secure the Future of our Native Sawmill Industry</a> </li> <li class="a356122"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/strong-plan-to-back-in-our-agriculture-sector">Strong Plan to back in our Agriculture Sector</a> </li> <li class="a356126"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/liberals-fiscal-strategy">Liberals’ Fiscal Strategy</a> </li> <li class="a356130"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/a-strong-plan-to-boost-our-high-vis-army">A Strong Plan to boost our high-vis army</a> </li> <li class="a356134"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/a-strong-plan-for-women-in-agriculture">A strong plan for women in agriculture</a> </li> <li class="a356138"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/providing-certainty-for-plantation-sawmill-supply">Providing certainty for plantation sawmill supply</a> </li> <li class="a356142"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/southern-tasmanian-roads-and-bridges">Southern Tasmanian Roads and Bridges</a> </li> <li class="a356146"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/northern-tasmanian-roads-and-bridges">Northern Tasmanian Roads and Bridges</a> </li> <li class="a356150"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/north-west-and-west-coast-roads">North-West and West Coast Roads</a> </li> <li class="a356154"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/taking-tourism-to-the-next-level">Taking Tourism to the Next Level</a> </li> <li class="a356158"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/chocolate-experience-at-cadbury">Chocolate Experience at Cadbury</a> </li> <li class="a356162"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/a-strong-plan-to-support-local-jobs-and-investment">A Strong Plan to Support Local Jobs and Investment</a> </li> <li class="a356166"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/a-job-ready-generation-of-young-tasmanians">A Job-Ready Generation of Young Tasmanians</a> </li> <li class="a356170"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/investing-in-the-quiet-heroes-of-the-open-road">Investing in the quiet heroes of the open road</a> </li> <li class="a356174"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/restoring-stability,-certainty-and-integrity-to-the-tasmanian-parliament-new-stability-clause">Restoring stability, certainty and integrity to the Tasmanian Parliament - new "Stability Clause"</a> </li> <li class="a356178"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/a-strong-plan-for-trade,-advanced-manufacturing-and-the-antarctic">A Strong Plan for Trade, Advanced Manufacturing and the Antarctic</a> </li> <li class="a356182"> <a href="https://www.premier.tas.gov.au/our-plan/our-strong-plan-for-a-stronger-economy/advancing-the-technology-sector">Advancing the Technology Sector</a> </li> </ul> </div> </li> <li class="a352597"> <a class="submenu-link" href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities">Supporting Our Communities</a> <button class="submenu-btn icon-left" type="button" aria-expanded="false" aria-controls="nav-supporting_our_communities-n">Supporting Our Communities</button> <div id="nav-supporting_our_communities-n" class="dropdown-row submenu" tabindex="-1"> <ul class="child-items l03"> <li><a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities">Overview</a></li> <li class="a357473"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/tasmanian-government-expenditure-on-macquarie-point-multipurpose-stadium-to-be-capped">Tasmanian Government expenditure on Macquarie Point multipurpose stadium to be capped</a> </li> <li class="a357477"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/liberals-committed-to-poker-machine-harm-reduction,-with-new-$100,000-exclusion-scheme-campaign">Liberals committed to poker machine harm reduction, with new $100,000 exclusion scheme campaign</a> </li> <li class="a357481"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/liberals-to-invest-in-exeter-road-safety">Liberals to invest in Exeter road safety</a> </li> <li class="a357485"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/liberals-to-invest-in-scottsdale-road-safety">Liberals to invest in Scottsdale road safety</a> </li> <li class="a357489"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/securing-popular-festa-italia-for-the-next-four-years">Securing popular Festa Italia for the next four years</a> </li> <li class="a357493"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/more-ferries-across-the-derwent">More Ferries across the Derwent</a> </li> <li class="a357497"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/more-northern-public-transport-options">More Northern Public Transport Options</a> </li> <li class="a357501"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/supporting-tasmanians-who-own-antique-firearms">Supporting Tasmanians who own Antique Firearms</a> </li> <li class="a357510"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/devonport-building-a-living-city">Devonport – Building a Living City</a> </li> <li class="a357514"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/liberals-will-match-labor-on-glenorchy-pool">Liberals will match Labor on Glenorchy pool</a> </li> <li class="a357518"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/creating-generations-of-safe-young-drivers-nation-leading-driver-training-program-in-all-schools">Creating Generations of Safe Young Drivers - Nation-Leading Driver Training Program in all Schools</a> </li> <li class="a357523"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/majority-rockliff-liberal-government-will-keep-utas-in-sandy-bay">Majority Rockliff Liberal Government will keep UTAS in Sandy Bay</a> </li> <li class="a357528"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/backing-in-a-new-home-for-footy-umpires">Backing in a new home for footy umpires</a> </li> <li class="a357532"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/strengthening-the-racing-industry">Strengthening the Racing Industry</a> </li> <li class="a357536"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/strong-plan-to-crack-down-on-crime">Strong Plan to Crack Down on Crime</a> </li> <li class="a357540"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/strong-plan-secures-estia-festival">Strong Plan secures Estia Festival</a> </li> <li class="a357544"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/strong-plan-to-revitalise-the-west-coast">Strong Plan to Revitalise the West Coast</a> </li> <li class="a357548"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/delivering-our-commitment-to-our-volunteer-marine-rescue-units">Delivering our commitment to our Volunteer Marine Rescue units</a> </li> <li class="a357552"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/backing-in-the-southern-beaches-swim-centre">Backing in the Southern Beaches Swim Centre</a> </li> <li class="a357556"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/liberals-to-deliver-$25-million-upgrade-of-dodges-ferry-primary-school">Liberals to deliver $25 million upgrade of Dodges Ferry Primary School</a> </li> <li class="a357561"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/a-strong-plan-for-lilydale">A Strong Plan for Lilydale</a> </li> <li class="a357565"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/a-strong-plan-for-walkability-and-tourism-in-regional-communities">A Strong Plan for walkability and tourism in regional communities</a> </li> <li class="a357569"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/a-strong-plan-to-support-east-coast-mountain-biking">A Strong Plan to support East Coast mountain biking</a> </li> <li class="a357573"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/legislation-to-rid-tasmanian-waterways-of-derelict-vessels">Legislation to rid Tasmanian waterways of derelict vessels</a> </li> <li class="a357581"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/a-2030-strong-plan-for-our-transport-industry">A 2030 Strong Plan for our transport industry</a> </li> <li class="a357589"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/strong-plan-for-king-islands-future">Strong Plan for King Island’s Future</a> </li> <li class="a357609"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/supporting-our-multicultural-communities">Supporting our Multicultural Communities</a> </li> <li class="a357626"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/helping-motor-enthusiasts-fire-on-all-cylinders">Helping motor enthusiasts fire on all cylinders</a> </li> <li class="a357630"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/activating-flinders,-the-islander-way">Activating Flinders, the Islander Way</a> </li> <li class="a357634"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/a-strong-plan-to-support-at-risk-young-people">A Strong Plan to support at-risk young people</a> </li> <li class="a357639"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/legislation-change-to-enable-genuine-social-poker-in-tasmania">Legislation change to enable genuine social poker in Tasmania</a> </li> <li class="a357643"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/supporting-a-stronger-arts-and-creative-sector">Supporting a Stronger Arts and Creative Sector</a> </li> <li class="a357654"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/a-strong-plan-for-education">A Strong Plan for Education</a> </li> <li class="a357660"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/strong-plan-slam-dunk-for-basketball">Strong Plan slam dunk for basketball</a> </li> <li class="a357665"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/libs-strong-plan-for-south-burnie-bowls-club-a-resting-toucher">Libs’ strong plan for South Burnie Bowls Club a resting toucher</a> </li> <li class="a357674"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/supporting-our-veterans">Supporting our Veterans</a> </li> <li class="a357682"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/a-strong-plan-for-tasmanian-fishing">A Strong Plan for Tasmanian Fishing</a> </li> <li class="a357687"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/backing-our-fire-and-emergency-services-to-keep-communities-safe">Backing our Fire and Emergency Services to Keep Communities Safe</a> </li> <li class="a357693"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/keeping-our-parks-and-environment-strong">Keeping our Parks and Environment Strong</a> </li> <li class="a357699"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/supporting-tasmanian-women">Supporting Tasmanian Women</a> </li> <li class="a357704"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/a-strong-plan-for-burnies-future">A Strong Plan for Burnie’s future</a> </li> <li class="a357711"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/a-strong-plan-for-the-east-coast">A Strong Plan for the East Coast</a> </li> <li class="a357721"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/a-strong-plan-for-recreational-hunting">A Strong Plan for Recreational Hunting</a> </li> <li class="a357725"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/a-stronger-justice-system">A Stronger Justice System</a> </li> <li class="a357733"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/tasmanians-young-and-old-set-to-benefit-under-our-strong-plan">Tasmanians young and old set to benefit under our Strong Plan</a> </li> <li class="a357741"> <a href="https://www.premier.tas.gov.au/our-plan/supporting-our-communities/supporting-tasmanians-with-disability">Supporting Tasmanians with Disability</a> </li> </ul> </div> </li> <li class="a352602"> <a class="submenu-link" href="https://www.premier.tas.gov.au/our-plan/community-commitments">Community Commitments</a> <button class="submenu-btn icon-left" type="button" aria-expanded="false" aria-controls="nav-community_commitments-n">Community Commitments</button> <div id="nav-community_commitments-n" class="dropdown-row submenu" tabindex="-1"> <ul class="child-items l03"> <li><a href="https://www.premier.tas.gov.au/our-plan/community-commitments">Overview</a></li> <li class="a356002"> <a href="https://www.premier.tas.gov.au/our-plan/community-commitments/community-commitments-bass">Community Commitments - Bass</a> </li> <li class="a356007"> <a href="https://www.premier.tas.gov.au/our-plan/community-commitments/community-commitments-braddon">Community Commitments - Braddon</a> </li> <li class="a356011"> <a href="https://www.premier.tas.gov.au/our-plan/community-commitments/community-commitments-clark">Community Commitments - Clark</a> </li> <li class="a356015"> <a href="https://www.premier.tas.gov.au/our-plan/community-commitments/community-commitments-franklin">Community Commitments - Franklin</a> </li> <li class="a356019"> <a href="https://www.premier.tas.gov.au/our-plan/community-commitments/community-commitments-lyons">Community Commitments - Lyons</a> </li> </ul> </div> </li> </ul> </li> </ul> </div> </li> <li class="hide-submenu a352580 main-link"> <a href="https://www.premier.tas.gov.au/our-plan" class="dropdown-title">Our Plan</a> </li><li class="a337610 main-link"> <a href="https://www.premier.tas.gov.au/latest-news">Latest news</a> </li> <li class="show-submenu a337614 subnav-dk-on-lt"> <button type="button" aria-expanded="false" aria-controls="nav-your_government-n" class="Your Government icon-left">Your Government</button> <div id="nav-your_government-n" class="dropdown-row subnav-dk-on-lt menu-off" tabindex="-1"> <ul style="display:none;" class="menu-container"> <li> <a href="https://www.premier.tas.gov.au/your-government" class="dropdown-title">Your Government</a> <ul class="child-items l02"> <li class="a347514"> <a href="https://www.premier.tas.gov.au/your-government/jeremy-rockliff">Jeremy Rockliff</a> </li> <li class="a347353"> <a href="https://www.premier.tas.gov.au/your-government/guy-barnett">Guy Barnett</a> </li> <li class="a347357"> <a href="https://www.premier.tas.gov.au/your-government/eric-abetz">Eric Abetz</a> </li> <li class="a347361"> <a href="https://www.premier.tas.gov.au/your-government/nick-duigan">Nick Duigan</a> </li> <li class="a347365"> <a href="https://www.premier.tas.gov.au/your-government/felix-ellis">Felix Ellis</a> </li> <li class="a347369"> <a href="https://www.premier.tas.gov.au/your-government/jane-howlett">Jane Howlett</a> </li> <li class="a347373"> <a href="https://www.premier.tas.gov.au/your-government/roger-jaensch">Roger Jaensch</a> </li> <li class="a347377"> <a href="https://www.premier.tas.gov.au/your-government/madeleine-ogilvie">Madeleine Ogilvie</a> </li> <li class="a347381"> <a href="https://www.premier.tas.gov.au/your-government/jo-palmer">Jo Palmer</a> </li> <li class="a358231"> <a href="https://www.premier.tas.gov.au/your-government/jacquie-petrusma">Jacquie Petrusma</a> </li> <li class="a358256"> <a href="https://www.premier.tas.gov.au/your-government/kerry-vincent">Kerry Vincent</a> </li> <li class="a358239"> <a href="https://www.premier.tas.gov.au/your-government/simon-behrakis">Simon Behrakis</a> </li> <li class="a358252"> <a href="https://www.premier.tas.gov.au/your-government/rob-fairs">Rob Fairs</a> </li> <li class="a358235"> <a href="https://www.premier.tas.gov.au/your-government/simon-wood">Simon Wood</a> </li> <li class="a358243"> <a href="https://www.premier.tas.gov.au/your-government/leonie-hiscutt">Leonie Hiscutt</a> </li> <li class="a347349"> <a href="https://www.premier.tas.gov.au/your-government/michael-ferguson">Michael Ferguson</a> </li> <li class="a358248"> <a href="https://www.premier.tas.gov.au/your-government/mark-shelton">Mark Shelton</a> </li> <li class="a347385"> <a href="https://www.premier.tas.gov.au/your-government/nic-street">Nic Street</a> </li> </ul> </li> </ul> </div> </li> <li class="hide-submenu a337614 main-link"> <a href="https://www.premier.tas.gov.au/your-government" class="dropdown-title">Your Government</a> </li><li class="a337618 main-link"> <a href="https://www.premier.tas.gov.au/contact">Contact</a> </li> <li class="show-submenu a369973 subnav-dk-on-lt"> <button type="button" aria-expanded="false" aria-controls="nav-budget_2024-n" class="Budget 2024 icon-left">Budget 2024</button> <div id="nav-budget_2024-n" class="dropdown-row subnav-dk-on-lt menu-off" tabindex="-1"> <ul style="display:none;" class="menu-container"> <li> <a 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class="dropdown-title">Budget 2024</a> </li> </ul> </div> </nav> </header> <main id="maincontent" role="main"> <article class="two-rows"> <header id="article-header" class="breadcrumbs-below no-image"> <!--endnoindex--> <div class="banner default"> <div class="title-box"> <div class="title-box--inner"> <h1 id="main-page-title">Tasmania First Energy Guarantee Supercharged Hydro Renewable Energy Dividend</h1> </div> </div> </div> <!-- noindex --> <div class="breadcrumbs-bar"> <div class="breadcrumbs-bar--inner contain has-breadcrumbs"> <nav id="breadcrumbs" aria-label="breadcrumb"> <ol class="list-unstyled"> <li> <a href="https://www.premier.tas.gov.au">Home</a> </li> <li> <a href="https://www.premier.tas.gov.au/our-plan">Our Plan</a> </li> <li> <a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians">Taking Action on the Cost of Living and Providing More Housing Options for Tasmanians</a> </li> <li><span>Tasmania First Energy Guarantee Supercharged Hydro Renewable Energy Dividend</span></li> </ol> </nav> </div> </div> </header> <!--endnoindex--> <!-- noindex --> <div id="content-wrapper" class="two-columns has-left-sidebar contain"> <div class="left-sidebar"> <nav id="this-page-mobile"> <details> <summary> <h2 class="no-anchor">On this page</h2> </summary> <ul></ul> </details> </nav> <nav id="secondary-nav" class="secondary-navigation sibling-menu level3" aria-label="Secondary site navigation"> <ul class="secondary-menu back-btn"> <li class="back-to-parent"><a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians"><span class="link-text">Back to Taking Action on the Cost of Living and Providing More Housing Options for Tasmanians</span></a></li> </ul> <ul class="secondary-menu secondary-menu-siblings"> <li class="menu-normal"><a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/more-buses-half-the-fare"><span class="link-text">More Buses – Half the Fare</span></a></li> <li class="menu-normal"><a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/making-it-easier-for-tasmanians-to-own-their-own-home-5-short-stay-levy"><span class="link-text">Making it easier for Tasmanians to own their own home - 5% Short Stay Levy</span></a></li> <li class="menu-normal"><a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/making-it-easier-for-tasmanians-to-own-their-own-home-stamping-out-stamp-duty-for-first-home-buyers"><span class="link-text">Making it easier for Tasmanians to own their own home - Stamping out Stamp Duty for First Home Buyers</span></a></li> <li class="menu-normal"><a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/unlocking-more-affordable-rentals-for-tasmanians-strong-plan-for-tasmanian-renters"><span class="link-text">Unlocking more affordable rentals for Tasmanians - Strong Plan for Tasmanian Renters</span></a></li> <li class="menu-current"><span class="link-text">Tasmania First Energy Guarantee Supercharged Hydro Renewable Energy Dividend</span></li> <li class="menu-normal"><a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/growing-our-housing-supply"><span class="link-text">Growing our Housing Supply</span></a></li> <li class="menu-normal"><a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/relieving-land-tax-pressures"><span class="link-text">Relieving Land Tax Pressures</span></a></li> <li class="menu-normal"><a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/10,000-social-and-affordable-homes-for-tasmanians"><span class="link-text">10,000 Social and Affordable Homes for Tasmanians</span></a></li> <li class="menu-normal"><a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/more-quality-childcare-and-early-education-for-tasmanian-families"><span class="link-text">More Quality Childcare and Early Education for Tasmanian Families</span></a></li> <li class="menu-normal"><a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/supporting-stronger-communities"><span class="link-text">Supporting Stronger Communities</span></a></li> <li class="menu-normal"><a href="https://www.premier.tas.gov.au/our-plan/taking-action-on-the-cost-of-living-and-providing-more-housing-options-for-tasmanians/doubling-our-healthy-school-lunches-program"><span class="link-text">Doubling our Healthy School Lunches Program</span></a></li> </ul></nav> </div> <div id="body-content"> <nav id="this-page"> <h2 class="no-anchor">On this page</h2> <ul></ul> </nav> <!--endnoindex--> <blockquote>QUICK FACTS<br /><ul><li>Tasmanian currently has the lowest power prices in the nation.</li><li>The special dividend will support 254,000 Tasmanian householders and 35,000 small businesses.</li><li>Dividend to be credited before the end of this financial year.</li><li>Dividend is in addition to existing concessions.</li></ul></blockquote><p>Under our 2030 Strong Plan for Tasmania’s Future, a re-elected majority Liberal Government will:</p><ul><li>Supercharge this year’s Renewable Energy Dividend to deliver a one- off $250 dividend to Tasmanian households on their energy bills, to be credited to Tasmanians this financial year.</li><li>Small business will receive a one-off $300 dividend.</li></ul><p>An important part of our 2030 Strong Plan for Tasmania's Future is to continue to deliver immediate cost-of living relief measures.</p><h4>Deliver a one-off $250 dividend to households and $300 dividend to small businesses</h4><p>According to the independent Office of the Economic Regulator, Tasmanians currently have the lowest regulated electricity prices in the nation, supported by our concessions and our Renewable Energy Dividend.</p><p>The Hydro was built by Tasmanians, for Tasmanians, and our innovative Renewable Energy Dividend allows Tasmanian households and small businesses to share in the Hydro’s profits.</p><p>It means when Hydro makes money, Tasmanians save money.</p><p>Currently under the Renewable Energy Dividend scheme, every year that Hydro returns dividends in excess of $90 million, Tasmanians will directly share in it. This is an innovative cost of living measure that helps every single Tasmanian household with their energy bills.</p><p>Currently, based on Hydro’s dividend of $105 million to be paid this year, $7.5 million of that will be shared with households through the Renewable Energy Dividend.</p><p>As a result, every Tasmanian household will this year receive a credit of around $30 on their power bills, above and beyond any concessions they already receive.</p><p>Given the current cost of living pressures Tasmanians are facing, primarily as a result of a combination of national and international inflationary pressures and rising interest rates, a majority Liberal Government will make a special dividend payment from the Renewable Energy Dividend.</p><p>This year we will supercharge the Renewable Energy Dividend to deliver a one-off $250 special dividend to Tasmanian households on their energy bills, to be credited this financial year. This will include households on embedded networks.</p><p>Small businesses will receive a one-off $300 special dividend. This will include small businesses who pay through their landlord.</p><p>This dividend will assist every Tasmanian household, around 254,000, that have a domestic electricity connection; as well as around 35,000 small businesses.</p><h4>How the Renewable Energy Dividend works</h4><p>Under the Renewable Energy Dividend scheme, every year that Hydro returns dividends in excess of $90 million, Tasmanians directly share in it.</p><p>The returns are $90 million that are split 50-50 between returning dividends to Tasmanian households, and supporting the operation of the Government’s essential services.</p><p>All Hydro dividends - up to $90 million per year - are returned to the Government, which is then used in the ordinary operations of the government, including on essential services such as health and education.</p><h4>The Hydro is not a Magic Money Tree</h4><p>The Labor Party is treating Hydro as a magic money tree, somehow imagining that it can pay for all their reckless and largely uncosted energy prices without costing and accounting for its policies.</p><p>Labor has failed their first test of the election campaign, caught out completely fudging their figures with their gimmick announcement on power prices. Labor leader Rebecca White says her policy would cost $50 million.</p><p>Basic maths tells you that this is completely wrong.</p><p>Cutting $400 off electricity bills for ~250,000 households will cost approximately $100 million. Add a further $44 million for Labor’s price cap, per year. This comes to $144 million in just 12 months.</p><p>Net Cost: $66.5 million. 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