Victoria Energy Upgrades (VEET Scheme)
This Victorian Government program helps businesses and households cut power bills and reduce greenhouse gas emissions by providing access to discounted, energy-efficient products and services.
Established under the Victorian Energy Efficiency Target Act 2007 (commenced 1 January 2009) and administered in accordance with the VEET Regulations 2008 and Project-Based Activities Regulations 2017, the scheme is designed to make energy efficiency improvements more affordable, accelerate carbon reduction, and encourage investment in clean technology.
What is the VEU (VEET) Scheme?
The Victorian Energy Upgrades (VEU) program works by setting a state-wide target for energy savings that result in energy-efficient products and services being made available to homes and businesses at substantial discounts.
Accredited providers that deliver these installations generate Victorian Energy Efficiency Certificates (VEECs). Each certificate represents one tonne of greenhouse gas emissions saved. Mandatory scheme participants (electricity retailers) are required by law to purchase and surrender these certificates to meet annual state emissions reduction targets.
The program is independently overseen and regulated by the Essential Services Commission (ESC), ensuring strict installation compliance and certified quality standards.
How Does It Work?
Free Commercial Hot Water / Heat Pump Upgrade
Under the Victorian Energy Upgrades program, eligible Victorian businesses and commercial properties with existing electric hot water systems can qualify for a FREE or heavily subsidized Heat Pump upgrade.
Switching from inefficient resistive electric elements to thermodynamic smart heat pumps reduces water heating power consumption by up to 80%. Our units come in multiple tank capacities engineered specifically for commercial demands.
