Victorian Energy Upgrade

Victorian Energy Efficiency Target Act 2007 (the Act) and commenced on 1 January 2009. The scheme is administered in accordance with the Act, the Victorian Energy Efficiency Target Regulations 2008 and the Victorian Energy Efficiency Target (Project-Based Activities) Regulations 2017.

The VEET scheme is designed to make energy efficiency improvements more affordable, contribute to the reduction of greenhouse gases, and encourage investment, employment and innovation in industries that supply energy efficiency goods and services.

Did you know that you could save up to 80% on your lighting costs (up to per globe per year) by installing more efficient lighting technology?

Recent developments in lighting technology, including LEDs and CFLs, mean that the lighting in your home can be powered more efficiently.

Not only will the latest energy-efficient lighting reduce your energy bill but it will also reduce your maintenance costs because new lighting technology lasts longer.

The Victorian Government is committed to helping households and businesses reduce their bills by offering financial incentives for replacing your old lighting equipment.

By participating, you can save money on the upgrade costs, reduce your energy bill and help the environment.

All Victorian households and businesses that have old lighting technology such as incandescent globes, mercury halide, fluorescent tubelight, or halogen down-lights are eligible to participate. Terms and conditions may apply. Check the Residential and Commercial sections for Victoria and NSW in our website. You can always call us 1300 246 533 to get more details.

Product discounts are granted through the yearly greenhouse gas reduction targets that the Victorian Government has set for our energy retailers.

To meet these targets, energy retailers must buy Victorian Energy Efficiency Certificates that equal the amount of greenhouse gas that has been reduced or prevented from entering our atmosphere.

One certificate equals one tonne of greenhouse gas.

Download a PDF (2.1 MB) of the How it works infographic.

Know More https://www.victorianenergysaver.vic.gov.au/victorian-energy-upgrades/how-does-the-program-work