Kristina Keneally is expected to announce an electricity rebate for households earning less than $150,000 a year

The Premier also flagged she would soon announce an electricity rebate for households earning less than $150,000 a year.

The moves come after months of revelations and campaigning by The Daily Telegraph to ease the pain on working families around the state.

"I can't make bananas any cheaper, I can't make the cost of petrol any cheaper but I can do something as the Premier of this state about electricity prices and that's what I'm doing," she said yesterday.

Ms Keneally said the Government would pay the entire cost of its $1.5 billion solar bonus scheme, until 2016, rather than all electricity users being charged.

To pay for the promise, the Government will strip its Climate Change Fund almost entirely of money for green projects until 2020, including scrapping its long-running rainwater tank rebate.

The policy change will spare the average electricity consumer a $100 rise in 2011-12 and $50 a year after that.

The Premier will announce today that all uncommitted funds for the Climate Change Fund, which is already paid from electricity and water bills, will be redirected to pay for the Solar Bonus Scheme.

The Climate Change Fund would be increased by 1 per cent from 2012 - the increase to be funded by industry.

Ms Keneally said the announcement was the first of several measures she would announce soon to cut prices.

Measures would include rebates and delaying the infrastructure spending of electricity companies, and would cut into the projected 30-42 per cent rises IPART has authorised over three years.

Ms Keneally said the Government had extended its rebate scheme on electricity bills "to all healthcare concession holders" but was "mindful there are a lot of working families doing it tough".

Those families included households earning up to $150,000 a year, she said.

"The [federal] family tax benefit cuts in at about $150,000 ... and on paper that might sound like a lot but in reality when you're facing rising mortgage prices, rising food, childcare and electricity, it starts to get tough," she said.

Opposition Leader Barry O'Farrell will come under pressure to back the promise - the second backdown on the solar bonus scheme.

Yesterday was the deadline for bids for the second tranche of the state's electricity assets - none were received after revelations last week the Premier would not proceed with the sale before the election.