Next year’s federal budget will include measures targeted at low-income households to improve energy efficiency
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The Albanese government’s plan to cap gas prices to limit power bill spikes is set to pass parliament on Thursday after the Greens backed the legislation in exchange for a “significant” package to help households transition from gas to electric appliances.
As part of the deal, next year’s federal budget will include funding for an electrification package targeted at low-income people and renters, which aims to improve energy efficiency and insulate households against volatility in prices for fossil fuels.