Victorian Energy Upgrade

Victorian Energy Upgrade

What is VEU?

The Victorian Energy Upgrades (VEU) program, formerly known as the Victorian Energy Efficiency Target (VEET) scheme, is a government initiative in Victoria, Australia. VEU is designed to reduce greenhouse gas emissions by encouraging energy efficiency improvements in households and businesses.

 

Under the VEU program, accredited providers offer incentives and discounts to Victorians for installing energy-efficient products and undertaking energy-saving activities. These incentives are provided in the form of Victorian Energy Efficiency Certificates (VEECs), which are created based on the amount of energy saved or greenhouse gas emissions reduced by the installed measures.

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What you Get

Benefits of VEU

The Victorian Energy Upgrades (VEU) program offers significant benefits to households and businesses in Victoria. By providing financial incentives and support for energy-efficient upgrades, the program enables participants to save money on their energy bills while reducing their environmental impact. Through initiatives such as incentives for upgrading appliances, lighting, and heating systems, the VEU program promotes accessibility and affordability of sustainable technologies, making it easier for Victorians to invest in energy efficiency measures. Ultimately, participation in the VEU program not only leads to cost savings but also contributes to environmental stewardship, helping to create a cleaner and more sustainable future for Victoria.

Cost Saving

Participation in the Victorian Energy Upgrades (VEU) program offers households and businesses opportunities to save money on energy bills through incentives and discounts for energy-efficient upgrades, resulting in long-term cost savings.

Accessbility

The VEU program enhances accessibility and affordability of energy-saving measures by providing financial incentives and support to households and businesses, making it easier for them to invest in sustainable technologies and practices without incurring significant upfront costs.

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