Victorian Energy Upgrades program (VEU)
What is the Victorian Energy Upgrades program?
The Victorian Energy Upgrades program (VEU) is an initiative by the Victorian government to encourage households and businesses to invest in energy efficient products. Previously known as Victorian Energy Efficiency Target (VEET), this program makes it easier and cheaper for you to make energy-efficient upgrades for your business – including lighting upgrades.
How does VEU work?
When you decided to invest in an LED lighting upgrade, we will conduct an assessment of how much energy use will be reduced with the upgrade. For each tonne of Greenhouse Gas abated, The Green Guys Group in partnership with Wattly as one of the Accredited Providers (AP) will create one Victorian Energy Efficiency Certificate (VEEC). Liable third parties such as energy retailers then will purchase these VEECs. Finally, the value of the VEECs is then returned to you in the form of a discount or rebate towards the total lighting upgrade cost.
What does this mean to me?
This means that you can get an LED lighting upgrade at a greatly reduced cost. To this date, we have accessed over $60M in total in government incentives for our clients. Subsidised upgrade plus instant savings on electricity costs mean greater-than-ever ROI for your business.
We will even handle all the paperwork for you and present to you the discounted rate upfront, so we will save you from all the hassle and guessing.
You’ve got nothing to lose – contact us for your FREE assessment and invest in an LED light upgrade now!
Have more questions about VEU?
We would love to assist you in finding your perfect LED Lighting Upgrade solution and to help you better understand the government incentive schemes. Speak to one of our energy efficiency experts today and get the answers!
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