Victorian energy upgrades program we regulate participants and products in the victorian energy upgrades veu program to deliver energy efficiency improvements which are more affordable for consumers and reduces their long term energy consumption.
Victorian energy efficiency scheme.
Facilitates the creation registration transfer and surrender of victorian energy efficiency certificates veecs facilitates the submission and approval of product applications for listing of products in our register of products tracks the ownership and status of all certificates.
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.
Every upgrade allows businesses accredited under the program called accredited providers to generate victorian energy efficiency certificates.
The victorian energy upgrades program is a state run financial incentive.
The scheme 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 aims to reduce the domestic and commercial consumption of energy through energy savings initiatives such as through the installation of energy efficient led lighting systems under the veet scheme.
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.
Consultation on the proposed regulations has now closed.
Victorian energy efficiency certificates veecs are electronic certificates created under the program when certain energy efficiency activities are undertaken in residential or non residential premises.
Each certificate represents one tonne of greenhouse gas emissions reduction co 2 e.
Victorian energy upgrades is a victorian government energy efficiency program that gives every victorian household and business the opportunity to receive rebates or discounts on energy saving products.
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