VEU Program
The Victorian Energy Upgrades Program
The Victorian Energy Upgrades (VEU) program helps Victorians reduce energy bills, lower greenhouse gas emissions, and cut energy use by providing discounts and rebates on energy-efficient products and services for homes and businesses. Between 2022 and 2025, the program is projected to save 28 million tonnes of greenhouse gas emissions—equivalent to taking over 8.5 million cars off the road for a year.
How Does the Program Work?
1.Energy Efficiency Upgrades:
How Does the Program Work?
1.Energy Efficiency Upgrades:
- Accredited providers help you make your home or business more energy-efficient by installing approved products and services.
- Each energy-efficient upgrade generates Victorian Energy Efficiency Certificates (VEECs), with each certificate representing one tonne of greenhouse gas emissions prevented.
- Accredited providers sell these certificates to energy retailers, who use them to meet annual emissions targets set by the Victorian Government.
- The proceeds from these sales fund the program’s discounts and rebates, making energy-efficient upgrades more accessible to households and businesses.
For more information you can check the websites
How the program benefits Victorians?
- Savings on Energy bills
- Reduced Carbon Footprint
- Sustainable Solutions for all
- Contribution to a Better Future
Why Choose the Victorian Energy Upgrades (VEU) Program?
- Save Money: Reduce energy bills with efficient electric alternatives, which are cheaper to run than gas, and enjoy long-term savings.
- Get Discounts: Access rebates on energy-efficient appliances and equipment, ensuring greater savings and lower emissions.
- Protect the Environment: Help Victoria achieve its 2030 emissions targets by switching to sustainable energy solutions.
Did you know you can save on your bills?
- Upgrading hot water can save $100-$200 annually.
- Upgrading heating can save $150 to $600 annually.
Quick Fact about the VEU program
Over 2.2 million Victorian households have benefitted from the program since 2009.
The VEU program will save 28 million tonnes of greenhouse gas emissions for Victoria between 2022 and 2025.
The VEU program will save 28 million tonnes of greenhouse gas emissions for Victoria between 2022 and 2025.
That’s equivalent to taking more than 8.5 million cars off the road for a year.
