VIC – The VEEC scheme

VIC – The VEEC scheme

The VEEC Scheme – Victoria
WHAT IS THE VEET?

VEET stands for Victorian Energy Efficiency Target. This fantastic Victorian Government Energy Saver initiative is designed to make energy efficiency improvements more affordable for businesses, contribute to the reduction of greenhouse gases, and encourage investment, employment and innovation in industries that supply energy efficiency goods and services.

WHAT IS A VEEC?

A VEEC is a Victorian Energy Efficiency CertificateThe Victorian Government target for 2016 is to distribute 5.4 million VEECs under the VEET scheme. Each certificate represents a saving of one tonne of greenhouse gas emissions.

HOW ARE VEECs CREATED?

VEECs can only be created by entities accredited by the Essential Services Commission (ESC). These entities are known as Accredited Persons.

VEECs are created at their current trading price when a specified and approved energy-saving activity – Prescribed Activity, such as installing LED lights for commercial enterprises  (a Prescribed Activity), has been completed. Once registered, VEECs are offered to the customer in the form of a rebate.

How Cherry Energy Solutions can help you make the most of VEECs

Cherry Energy Solutions use an Accredited Person for claiming VEECs rebates and a wide range of our state of the art, portfolio of products are VEECs approved. We can offer the VEECs rebate to customers at the time of quoting, resulting in an immediate and generous upfront discount so you don’t have to wait for your rebate to be processed!

We will explain everything you need to know, provide a free assessment, install your lighting upgrade using A grade electrical teams and take care of the paperwork and recycling at no extra cost to you.

You can sit back and relax, knowing that you are receiving the best price and highest level of service for your lighting upgrade.

VEECs must be created no later than 6 months after the end of the year in which the Prescribed Activity was undertaken. For example, if a Prescribed Activity was undertaken in February 2014, VEECs could be created as a result of that activity up until 30 June 2015.

Speak to an Incentives Expert

Contact us to receive free advice from one of our incentives experts.

We can help you get the most out of the current government subsidies to reduce your energy costs. All information is tailored your businesses needs and what you want to achieve.



 

Accredited Persons under the VEET scheme is Wattly Pty Ltd

1300 878 500

49 Dove Street, Cremorne VIC 3121

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