The Victorian Energy Upgrades (VEU) program offers valuable discounts on a range of energy-efficient products designed to help both homes and businesses reduce their energy consumption. From lighting and home display units to shower heads, heating, cooling, and hot water systems, these products can lead to significant savings on energy bills while also lowering Victoria’s greenhouse gas emissions.

This program provides Victorians with access to discounted energy-efficient products and services, contributing to lower energy costs and a more sustainable future. It also plays a crucial role in promoting investment, innovation, and job creation within industries that deliver these services.

Under the VEU program, large energy retailers are required to meet annual energy efficiency targets by acquiring and surrendering Victorian Energy Efficiency Certificates (VEECs). These certificates are generated when accredited providers install energy-saving products in residential and non-residential properties.

The number of VEECs created depends on the greenhouse gas savings achieved through the installation of energy-efficient products or the removal of inefficient ones. The actual discount or incentive available to consumers varies based on market conditions and certificate prices.

Managed by the Department of Environment, Land, Water and Planning, the program ensures that participants adhere to established regulations. Since its launch in 2009, over 2 million households and businesses across Victoria have benefitted from the VEU, making energy efficiency more accessible for everyone.

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