The Australian actor and TV presenter, who played Angelo Rossetta in the Aussie soap from 2007 until last year and also fronts The X Factor, was rushed to hospital after receiving a shock in his Sydney apartment.
Jacobz told TV Week that he was standing at his stove and "touching too many electrical things at the one time" when he was suddenly thrown across the kitchen.
He added: "I had quite a few thousand volts go through me."
Jacobz was reportedly told at hospital that he was "really lucky" not to have been more seriously hurt.
Last year, the star revealed that he was going to "try [his] luck" in Hollywood, saying: "I've never had the chance to go over because I've been busy working, so this year I'm making sure I just do it. I might ring Mr [Chris] Hemsworth and crash on his couch for a while."
When he left Home and Away, Jacobz said that he had "thoroughly enjoyed" playing the role, but later admitted that he was "upset" at the programme's executives deciding that his character had "reached all the different goals that the show wanted him to".