Victorian Energy Upgrades (VEU)

Victorian Energy Efficiency Target (VEET) scheme

The Victorian Energy Upgrades (VEU) Program Minimum Standards and Guidance contain policy and model standards to help businesses and household customers reduce their power bills and, reduce greenhouse gas emissions. It is designed to assist government agencies, service providers, and industry bodies. and other stakeholders in choosing appropriate energy efficiency products and services that meet their business needs. TheVictorian Energy Upgrades (VEU) Program encourages residential, commercial, and industrial energy-saving measures by providing grants to eligible entities.
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What is The Victorian Energy Upgrades (VEU)?

The Victorian Energy Upgrades (VEU) program is helping Victorians cut power bills and reduce greenhouse gas emissions by giving households and businesses access to discounted energy-efficient products and services. The program works by setting a state-wide target for energy savings that result in a range of energy-efficient products and services being made available to homes and businesses at a discount. Accredited providers that deliver these financial incentives can generate Victorian Energy Efficiency Certificates (VEECs). The number of certificates generated is based on the greenhouse gas savings that are associated with the product or service. The level of incentive or discount received by households and businesses varies depending on the market activity and certificate price. Products must be professionally installed by an approved provider. Incentives for the purchase of some appliances may be available at point of sale at participating retailers. Consumers should check with an accredited provider prior to purchase. The Victorian Energy Upgrades program is a market-based program. Since it is a free market, the value of certificates can fluctuate due to consumer supply and demand rates, just like any other type of market. Consequently, the availability of products and services can also vary over time. The Victorian Energy Upgrades program (previously the ‘VEET scheme’) is established under the Victorian Energy Efficiency Target Act 2007, the Victorian Energy Efficiency Target Regulations 2008 and the Victorian Energy Efficiency Target (Project-Based Activities) Regulations 2017. This legislative framework places a legal requirement on energy retailer companies to meet an annual greenhouse gas emission reduction target by surrendering Victorian Energy Efficiency Certificates. The program is administered by the Essential Services Commission (ESC), which is the independent regulator of the retail energy industry in Victoria. Its role is to oversee compliance and performance reporting by energy businesses and to accredit businesses and the products and services which are eligible under the program. More information about the administration of the program can be found on the ESC website. Source: https://www.energy.vic.gov.au/energy-efficiency/victorian-energy-upgrades/about-the-program
victorian energy upgrades (veu)

ADVANTAGES

  • Operational Life Span
  • Cost Efficient
  • LED Lights can operate in a wide range of temperatures
  • Energy-efficient
  • Low buying power
  • Circulates Illumination
  • Environment Friendly
  • Eligible for the Victorian Energy Upgrades (VEU) program

ELIGIBILTY

Victorian households and businesses are eligible to have their LED lighting upgrade for FREE. Thanks to both State and Federal Government initiatives, such as the Victorian Energy Upgrades (VEU) program, we can now offer our service for the supply and installation of your LED lights for no cost to eligible households, saving hundreds in long-term costs – Take advantage of the government rebate program and reduce your electricity bill over 8o%.
*TERMS AND CONDITIONS MAY APPLY
victorian energy upgrades (veu)

CHECK YOUR ELIGIBILTY

Due to the Victorian Government’s various initiatives, like the Victorian Energy Upgrades Program (VEU) and the Small Scale Renewable Energy Scheme; all eligible Victorian residential and commercial properties can enjoy free LED Lighting upgrades.

We know that Energy Saving is important to Australians, so we do our best to make sure your upgrade process is seamless.

You can always call us at +03 9133 6505 and find your eligibility.